DECA Entrepreneurship Performance
Indicators (D.E.C.A Method) fully solved
rated A+
Determine initial feasibility of a product idea - correct answer ✔✔D: finding out
whether this product will work
E: we need to find if the product can coexist in a competitive environment and
bring in profits
C: (conduct industry research and look online to see how other companies did it,
prototype, time box)
A: quick schedule of times showing time boxing
Adjust idea to create functional product - correct answer ✔✔D: Changing plans
and concepts to meet goals and standards
E: Functionality and profitability is most important - living in delusions is harmful
for business
C: (instead of having the product include ***features*** we can limit it to the
most important ones to increase profits without sacrificing customer experience)
A: Chart of features to price ratios
Create processes for ongoing opportunity recognition - correct answer ✔✔D:
create plans and methods to be able to find the most profitable parts of the
market
E: becoming the first in the company to do something is always a good thing, and
this way we can maximize profits and market to specific targets faster and more
effectively
, C: (After we market to the people trying to get into the colleges, we can actively
have the marketing team find new people to market to, such as college graduates,
looking to do a graduate degree - a niche but useful market)
A: pie chart showing that our main business is undergrads, but with effective
opportunity recognition, we can find the small groups like grad students
Evaluate customer experience - correct answer ✔✔D: Analyzing and assessing the
quality of interaction between the business and client
E: To be able to find problems internally and build positive customer relations
C: (the customers complaining about the front desk clerks need to be taken into
importance, their data shows us clearly that we need to improve and offer training
to our staff or make replacements)
A: SWOT analysis
Explain the concept of product mix - correct answer ✔✔D: Total number of
product lines a company sells
E: It is good for a company to maintain a good product mix that doesn't have too
many products to confuse customers, but also enough products to cater to all
customer's needs
C: As an electronics company, we need to have enough types of laptops, but if we
have too many customers get confused on which one will suit their needs
A: Laptop with company website with simple labels like "Laptop", "Tablet",
"Phone" instead of iPhone XSSS Mini and iPhone 8s+ Max
Plan product mix - correct answer ✔✔D: Planning which product lines to sell, and
the sub-products within them
E: stores and companies need to determine which products will satisfy the most
customer's needs to maximize profits and leave no one unsatisfied
Indicators (D.E.C.A Method) fully solved
rated A+
Determine initial feasibility of a product idea - correct answer ✔✔D: finding out
whether this product will work
E: we need to find if the product can coexist in a competitive environment and
bring in profits
C: (conduct industry research and look online to see how other companies did it,
prototype, time box)
A: quick schedule of times showing time boxing
Adjust idea to create functional product - correct answer ✔✔D: Changing plans
and concepts to meet goals and standards
E: Functionality and profitability is most important - living in delusions is harmful
for business
C: (instead of having the product include ***features*** we can limit it to the
most important ones to increase profits without sacrificing customer experience)
A: Chart of features to price ratios
Create processes for ongoing opportunity recognition - correct answer ✔✔D:
create plans and methods to be able to find the most profitable parts of the
market
E: becoming the first in the company to do something is always a good thing, and
this way we can maximize profits and market to specific targets faster and more
effectively
, C: (After we market to the people trying to get into the colleges, we can actively
have the marketing team find new people to market to, such as college graduates,
looking to do a graduate degree - a niche but useful market)
A: pie chart showing that our main business is undergrads, but with effective
opportunity recognition, we can find the small groups like grad students
Evaluate customer experience - correct answer ✔✔D: Analyzing and assessing the
quality of interaction between the business and client
E: To be able to find problems internally and build positive customer relations
C: (the customers complaining about the front desk clerks need to be taken into
importance, their data shows us clearly that we need to improve and offer training
to our staff or make replacements)
A: SWOT analysis
Explain the concept of product mix - correct answer ✔✔D: Total number of
product lines a company sells
E: It is good for a company to maintain a good product mix that doesn't have too
many products to confuse customers, but also enough products to cater to all
customer's needs
C: As an electronics company, we need to have enough types of laptops, but if we
have too many customers get confused on which one will suit their needs
A: Laptop with company website with simple labels like "Laptop", "Tablet",
"Phone" instead of iPhone XSSS Mini and iPhone 8s+ Max
Plan product mix - correct answer ✔✔D: Planning which product lines to sell, and
the sub-products within them
E: stores and companies need to determine which products will satisfy the most
customer's needs to maximize profits and leave no one unsatisfied
