DECA entrepreneurship exam questions
n answers 2025-2026 latest update
One of the goals of change management is
A. to obtain buy-in from stakeholders
B. to limit the effects of a change
C. to keep the people involved to a minimum
D. to reduce the time it takes to make a change - correct answer ✔✔A. to obtain
buy-in from stakeholders
Changes are more successful when stakeholders are supportive of them. Change
management helps obtain this buy-in from stakeholders by keeping then informed
and involved
Which of the following employees would most likely be described as "innovative"
by his/her supervisor
A. Jake, because he is always willing to adapt to changes during a project
B. Madison, because she prefers to stick to traditional ideas and processes
C. Elizabeth, because she gets frustrated when she needs to learn new skills
D. Anthony, because he is usually quiet during brainstorming sessions - correct
answer ✔✔A. Jake, because he is always willing to adapt to changes during a
project
, Which of the following is the most critical component of a business plan:
A. Market analysis
B. Company description
C. Executive summary
D. Financial plan - correct answer ✔✔C. Executive summary
Heart of the business plan and the first thing that readers see. Most readers will
use the exec summary to determine whether or not it's worth reading any further
Which of the following pairs of businesses are examples of direct competitors:
A. Ryan's Drugstore and Hally's Homemade Cards
B. Hot n' Spicy Wings and Southern Fried Chicken House
C. JTE Clothes Boutique and Carla's Hardware
D. Modern Dry Cleaning and Trotterman Accounting Services - correct answer
✔✔B. Hot n' Spicy Wings and Southern Fried Chicken House
Direct competition is competition which occurs among businesses that offer
similar goods or services. Hot n' Spicy Wings and Southern Fried Chicken House
are direct competitors for consumers' food purchases.
The ski shop manager set an objective to increase sales by 10% over the previous
year even though the
forecast was for a mild and rainy winter. The manager's objective was
n answers 2025-2026 latest update
One of the goals of change management is
A. to obtain buy-in from stakeholders
B. to limit the effects of a change
C. to keep the people involved to a minimum
D. to reduce the time it takes to make a change - correct answer ✔✔A. to obtain
buy-in from stakeholders
Changes are more successful when stakeholders are supportive of them. Change
management helps obtain this buy-in from stakeholders by keeping then informed
and involved
Which of the following employees would most likely be described as "innovative"
by his/her supervisor
A. Jake, because he is always willing to adapt to changes during a project
B. Madison, because she prefers to stick to traditional ideas and processes
C. Elizabeth, because she gets frustrated when she needs to learn new skills
D. Anthony, because he is usually quiet during brainstorming sessions - correct
answer ✔✔A. Jake, because he is always willing to adapt to changes during a
project
, Which of the following is the most critical component of a business plan:
A. Market analysis
B. Company description
C. Executive summary
D. Financial plan - correct answer ✔✔C. Executive summary
Heart of the business plan and the first thing that readers see. Most readers will
use the exec summary to determine whether or not it's worth reading any further
Which of the following pairs of businesses are examples of direct competitors:
A. Ryan's Drugstore and Hally's Homemade Cards
B. Hot n' Spicy Wings and Southern Fried Chicken House
C. JTE Clothes Boutique and Carla's Hardware
D. Modern Dry Cleaning and Trotterman Accounting Services - correct answer
✔✔B. Hot n' Spicy Wings and Southern Fried Chicken House
Direct competition is competition which occurs among businesses that offer
similar goods or services. Hot n' Spicy Wings and Southern Fried Chicken House
are direct competitors for consumers' food purchases.
The ski shop manager set an objective to increase sales by 10% over the previous
year even though the
forecast was for a mild and rainy winter. The manager's objective was
