DECA Marketing Cluster Exam District Level Practice Test

The purpose of legal procedure is to ensure that each party receives A. ongoing advice. B. consistent treatment. C. a reasonable verdict. D. an indictment. - Answer- b Wal-mart, Chevron Texaco, and Ford Motor Company sell stock in their companies. They are examples of which of the following types of business ownership: A. Franchisee B. Corporation C. Partnership D. Sole proprietorship - Answer- b Channels of distribution benefit businesses by A. lowering the prices of all industrial goods. B. getting their products to consumers more efficiently. C. raising their profits each year. D. allowing them to avoid all channel tasks. - Answer- b Which of the following would not be considered an intermediary in a channel of distribution: A. Agent B. Retailer C. Producer D. Wholesaler - Answer- c The negative effect of slotting fees is that they often limit a small producer's ability to A. introduce new items in the marketplace. C. use direct-distribution strategies. B. develop exclusive-dealing policies. D. identify potential target markets. - Answer- a What type of channel conflict often occurs between manufacturers and their authorized dealers? A. Corporate C. Indirect B. Horizontal D. Vertica - Answer- d When you look for supporting evidence in published materials, you are evaluating the A. timeliness of the content. C. m