DECA Competition| 106 QUESTIONS| WITH COMPLETE SOLUTIONS

Time Management Correct Answer: a way to budget time so that all tasks can be accomplished Overhead costs Correct Answer: costs not directly related to the production or selling goods purchasing Correct Answer: preparing a plan and buying the goods that a business will use for production or resale project plan Correct Answer: written description that includes goals/objectives and how they will be achieved project management Correct Answer: managing specific activities of the business ADA Correct Answer: American's with Disabilities Act American's with Disabilities Act Correct Answer: federal act that protects people with disabilities from discrimination OSHA Correct Answer: Occupational Safety and health Administration Occupational Safety and health Administration Correct Answer: government body that provides and enforces safety guidelines for the workplace operations (definition) Correct Answer: day to day running of the business day-to-day running of the business may include... (5 things) Correct Answer: scheduling, logistics, facilities management, safety, information management marketing Correct Answer: process of planning, pricing, promoting, selling a distributing products that will satisfy the needs of customers and ensure a profit for the business environmental scan Correct Answer: analysis of outside sources that could impact the business environment factors analyzed during environmental scan (4) Correct Answer: political, economic, socio-cultural, technological information management Correct Answer: use of data to make management decisions human resource management Correct Answer: a way to manage the employees of a business human resource managers keep records on (4) Correct Answer: hiring/firing, training, evaluations, discipline of employees