Deca Marketing TSA Test with all Correct & 100% Verified
Answers |Actual Complete Update |Already Graded A+
(Just Released)
What is it called when a business owner charges an excessive price for a product that has a very
high demand? ✔Correct Answer-price gouging
Demand is determined by measuring the amount of product customers: ✔Correct Answer-are
willing and able to buy at given prices.
The channel member with direct responsibility for the price consumers pay is the: ✔Correct
Answer-retailer.
Mrs. Rodriguez purchased a recliner and asked to have it delivered COD. If the price of the
recliner was $350.00, sales tax is 5.5% and the COD delivery charge is $20.00, how much will
Mrs. Rodriguez owe upon delivery? ✔Correct Answer-$389.25
Government tries to promote free competition for businesses by enforcing laws that ban:
✔Correct Answer-monopolies.
All of the following are examples of sales promotion EXCEPT: ✔Correct Answer-print
advertisement
Which price is considered psychologically appealing? ✔Correct Answer-$9.99
A credit report does NOT include which of the following? ✔Correct Answer-Total household
income
Sam buys a fuel-efficient car because rising fuel costs. Which BEST describes his buying motives?
✔Correct Answer-Rational
An employee helps customers make selections of items that appeal to them. Which function of
marketing is the salesperson performing? ✔Correct Answer-Selling
Quotas protect American companies and workers by: ✔Correct Answer-limiting the amount
of imports from other countries.
Advertising products and services to the general public is called: ✔Correct Answer-mass
marketing.
, Bubba's is a national chain restaurant that is opening up down the street from Maggie's, a local
restaurant. In the SWOT analysis for Maggie's Diner, this would be considered a(n): ✔Correct
Answer-threat.
A ski shop depends on a snowy season to sell the product in stock. A mild winter produces
which type of risk? ✔Correct Answer-Natural
What written communication is sent to the news media to announce the introduction of a new
product? ✔Correct Answer-Press release
Maria's restaurant is contemplating being open for breakfast. This would be considered a(n):
✔Correct Answer-strength.
What is the MAIN benefit of a business pricing its products competitively? ✔Correct Answer-
To increase market share
What is the MOST important element of an effective print advertisement? ✔Correct Answer-
headline.
A frozen pie manufacturer partners with a cinnamon roll shop to offer special recipe pies
featuring both companies. Which branding strategy is being used? ✔Correct Answer-Co-
branding
The main advantage for business owners organizing as corporations is: ✔Correct Answer-
limited liability.
The question asked of a customer should be based on the common buying motives because
customers: ✔Correct Answer-Often buy goods or services for similar products.
With today's technology, consumers feel more courage to give their opinions and feedback. This
is an example of: ✔Correct Answer-technology's effects on customer behavior.
Briggs and Stratton is a Southeastern company that makes small engines. The company is
looking at customer trends. Its competitors, and the economy to see if there are any threats or
opportunities on the horizon. It has also examined its production policies and sales history to
determine its strengths and weaknesses. Briggs & Stratton is conducting a(n): ✔Correct
Answer-Situational analysis.
When a shortage exists, demand is greater than supply and: ✔Correct Answer-prices are
pushed higher.
One reason why it is important for businesses to identify and respond to current business
trends is to: ✔Correct Answer-remain competitive.
Answers |Actual Complete Update |Already Graded A+
(Just Released)
What is it called when a business owner charges an excessive price for a product that has a very
high demand? ✔Correct Answer-price gouging
Demand is determined by measuring the amount of product customers: ✔Correct Answer-are
willing and able to buy at given prices.
The channel member with direct responsibility for the price consumers pay is the: ✔Correct
Answer-retailer.
Mrs. Rodriguez purchased a recliner and asked to have it delivered COD. If the price of the
recliner was $350.00, sales tax is 5.5% and the COD delivery charge is $20.00, how much will
Mrs. Rodriguez owe upon delivery? ✔Correct Answer-$389.25
Government tries to promote free competition for businesses by enforcing laws that ban:
✔Correct Answer-monopolies.
All of the following are examples of sales promotion EXCEPT: ✔Correct Answer-print
advertisement
Which price is considered psychologically appealing? ✔Correct Answer-$9.99
A credit report does NOT include which of the following? ✔Correct Answer-Total household
income
Sam buys a fuel-efficient car because rising fuel costs. Which BEST describes his buying motives?
✔Correct Answer-Rational
An employee helps customers make selections of items that appeal to them. Which function of
marketing is the salesperson performing? ✔Correct Answer-Selling
Quotas protect American companies and workers by: ✔Correct Answer-limiting the amount
of imports from other countries.
Advertising products and services to the general public is called: ✔Correct Answer-mass
marketing.
, Bubba's is a national chain restaurant that is opening up down the street from Maggie's, a local
restaurant. In the SWOT analysis for Maggie's Diner, this would be considered a(n): ✔Correct
Answer-threat.
A ski shop depends on a snowy season to sell the product in stock. A mild winter produces
which type of risk? ✔Correct Answer-Natural
What written communication is sent to the news media to announce the introduction of a new
product? ✔Correct Answer-Press release
Maria's restaurant is contemplating being open for breakfast. This would be considered a(n):
✔Correct Answer-strength.
What is the MAIN benefit of a business pricing its products competitively? ✔Correct Answer-
To increase market share
What is the MOST important element of an effective print advertisement? ✔Correct Answer-
headline.
A frozen pie manufacturer partners with a cinnamon roll shop to offer special recipe pies
featuring both companies. Which branding strategy is being used? ✔Correct Answer-Co-
branding
The main advantage for business owners organizing as corporations is: ✔Correct Answer-
limited liability.
The question asked of a customer should be based on the common buying motives because
customers: ✔Correct Answer-Often buy goods or services for similar products.
With today's technology, consumers feel more courage to give their opinions and feedback. This
is an example of: ✔Correct Answer-technology's effects on customer behavior.
Briggs and Stratton is a Southeastern company that makes small engines. The company is
looking at customer trends. Its competitors, and the economy to see if there are any threats or
opportunities on the horizon. It has also examined its production policies and sales history to
determine its strengths and weaknesses. Briggs & Stratton is conducting a(n): ✔Correct
Answer-Situational analysis.
When a shortage exists, demand is greater than supply and: ✔Correct Answer-prices are
pushed higher.
One reason why it is important for businesses to identify and respond to current business
trends is to: ✔Correct Answer-remain competitive.
