DECA ENTREPRENEURSHIP ONLINE EXAM
QUESTIONS & ANSWERS 2025 GRADED A+
One of the most common ways for a business to obtain working capital is to
apply for a __________ loan.
long-term
guaranteed
mortgage
short-term Answer - short-term
To do the most effective job of selecting a new employee, the business's first
step should be to
conduct a job analysis.
conduct interviews.
take applications.
review resumes. Answer - conduct a job analysis
When marketers sort customers psychographically, they divide them by
level of education.
lifestyle habits.
likable traits.
loyalty to a brand. Answer - lifestyle habits
Which of the following is a benefit of promotion:
Increased customer loyalty
, Increased costs
Decreased sales
Decreased employment opportunities Answer - increased customer loyalty
Before a business owner decides to hire a new salesperson, they must first
consider the demand for the business's product.
obtain application forms from the government.
ask current employees to increase their workloads.
limit other employees' hours. Answer - consider the demand for the business's
product
Which of the following is an example of transparency in corporate governance:
Releasing financial documents only if pressured to by shareholders
Embellishing or exaggerating company success to shareholders
Promptly disclosing financial information to shareholders
Communicating goals and strategies to top management only Answer -
promptly disclosing financial information to shareholders
Landon started a furniture manufacturing company several years ago and is
considering expanding his product line to attract new customers. Landon is
currently evaluating the company's existing resources to determine ways that
he can apply his current capabilities to new product opportunities. What type
of analysis is Landon conducting?
External-focus
Inside-out
Competitive
Cultural Answer - inside-out
QUESTIONS & ANSWERS 2025 GRADED A+
One of the most common ways for a business to obtain working capital is to
apply for a __________ loan.
long-term
guaranteed
mortgage
short-term Answer - short-term
To do the most effective job of selecting a new employee, the business's first
step should be to
conduct a job analysis.
conduct interviews.
take applications.
review resumes. Answer - conduct a job analysis
When marketers sort customers psychographically, they divide them by
level of education.
lifestyle habits.
likable traits.
loyalty to a brand. Answer - lifestyle habits
Which of the following is a benefit of promotion:
Increased customer loyalty
, Increased costs
Decreased sales
Decreased employment opportunities Answer - increased customer loyalty
Before a business owner decides to hire a new salesperson, they must first
consider the demand for the business's product.
obtain application forms from the government.
ask current employees to increase their workloads.
limit other employees' hours. Answer - consider the demand for the business's
product
Which of the following is an example of transparency in corporate governance:
Releasing financial documents only if pressured to by shareholders
Embellishing or exaggerating company success to shareholders
Promptly disclosing financial information to shareholders
Communicating goals and strategies to top management only Answer -
promptly disclosing financial information to shareholders
Landon started a furniture manufacturing company several years ago and is
considering expanding his product line to attract new customers. Landon is
currently evaluating the company's existing resources to determine ways that
he can apply his current capabilities to new product opportunities. What type
of analysis is Landon conducting?
External-focus
Inside-out
Competitive
Cultural Answer - inside-out
