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FBLA REVISION EXAM PAPER 2025/2026 (QUESTIONS WITH 100% CORRECT

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FBLA REVISION EXAM PAPER 2025/2026 (QUESTIONS WITH 100% CORRECT Leadership Definition - influencing process of leaders & followers to achieve organizational objectives through change 5 Elements of Leadership - 1. leaders, followers 2. influence 3. organizational objectives 4. People 5. Change Leaders- Followers - leadership is shared Influence - leader communicating ideas, granting acceptance of them, & motivating followers to support and implement ideas through change Organizational Objectives - effective leaders influence followers to accomplish SHARED OBJECTIVES Change - influencing and setting objectives is about change People - leadership is about leading people through relationships

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FBLA REVISED EXAM PAPER 2025/2026 (QUESTIONS WITH
100% CORRECT
marketing - process of planning and executing the conception, pricing, promotion, and distribution of
ideas, goods, and services to create exchanges that satisfy individual and organizational objectives



minor marketing activities - hearing, seeing, talking



important marketing activities - storing products, distribution centers, accepting credit, and arranging
means of online payment



7 fnts of marketing - marketing, financing, pricing, promotion, product/service management,
distribution, and selling



product/service management - designing, developing, maintaining, improving, and acquiring
products and services that meet consumer needs



distribution - determining the best ways for customers to locate, obtain, and use the products and
services of an organization



selling - communicating directly with potential customers to determine and satisfy their needs



marketing-information management - obtaining, managing, and using market information to improve
business decision making and the performance of marketing activities



financing - budgeting for marketing activities, obtaining the necessary funds needed for operations,
and providing financial assistance to customers so they can purchase the business' products and
services



pricing - setting and communicating the value of products and services



promotion - communicating information about products and services to potential customers



marketing strategy - a company's plan that identifies how it will use marketing to achieve its goals

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