Instructional Area: Financial Analysis, DECA Performance
Indicators Business Finance Series Questions With
Complete Solutions
"Sell" ideas to others (EI:108) Correct Answer Evidence,
emotion, and reasoning can sell an idea to an audience.
Adapt communication to the cultural and social differences
among clients (CR:019) (CS) Correct Answer Employees
should refrain from using derogatory, racist, and sexist
vocabulary. They should determine when it is appropriate to
utilize more casual or more professional communication.
Adapt written correspondence to targeted audiences (CO:203)
(SP) Correct Answer Know who you're writing toKeep your
audience's attention
Adjust to change (EI:026) Correct Answer Change is common
in the workplace
adapting policies, work habits, and routines
Analyze company resources to ascertain policies and procedures
(CO:057) (CS) Correct Answer Looking at the employee
handbook or talk to a co-worker to be sure of a certain
policy/procedure.
Analyze impact of specialization/division of labor on
productivity (EC:014) (SP) Correct Answer Division of labor
suited for those people ensures that a business can complete
,multiple tasks at once, allowing it to remain competitive and
thereby increasing its productivity, resulting in more outputs
Apply written directions to achieve tasks (CO:056) (PQ)
Correct Answer Directions must be followed exactly to achieve
tasks
Ask relevant questions (CO:058) (PQ) Correct Answer Ask
questions relating to topic
Assess long-term value and impact of actions on others (EI:137)
Correct Answer -Need to realize how own actions might affect
others and operations withincompany
Assess personal behavior and values (EI:126) (PQ) Correct
Answer assessed include self esteem, attitude, initiative, self
control,
creativity, flexibility, stress management, and time management
skills.
-more concrete skills and abilities include things that you will be
asked to do in the workplace,
such as selling a product or organizing an activity.
-Complete a self-assessment by asking yourself if you have
these types of skills and taking
inventory of your workplace values and needs.
-Determine what skills you are lacking and where you can make
improvements.
-Develop your skills and abilities by reading, observing, and
working in a real-world situation.
,Assess personal strengths and weaknesses. (EI:002) (PQ)
Correct Answer assess self esteem, attitude, initiative, self
control, creativity, flexibility, stress management, time
management skills.
also more concrete skills and abilities (things you will be asked
to do at work, such as selling a product or organizing an
activity)
Complete a self-assessment:
1. Ask yourself if you have these types of skills and take
inventory of your workplace values + needs
2. Determine what skills lacking and areas for improvement.
3. Develop skills and abilities by reading, observing, working in
a real-world situation.
Assess risks of personal decisions (EI:091) (PQ) Correct
Answer -look ahead + see where decisions take you
-know the pros and cons of any decision
-Assess risks to avoid the worst outcome, or be prepared for it
Build and maintain relationships with customers (CR:030) (SP)
Correct Answer Employees should communicate with
customers and have a positive attitude to keep bringing them
back
, Build trust in relationships (EI:128) (CS) Correct Answer -
Relationships built on trust.
-need to know that you will consistently deliver what you
promise
-rust leads to loyalty, ultimately leads to greater profits for
company.
Challenge the status quo (EI:134) Correct Answer -Think
outside the box/deviating from norm
-in a positive, useful way
Choose and use appropriate channel for workplace
communication (CO:092) (CS) Correct Answer To determine
the appropriate communication channel, identify the people you
want to communicate with, research how they obtain
information, consider the complexity of the message you want to
communicate, calculate the cost of communicating and decide
whether you want the communication to be interactive.
Coach others (EI:041) Correct Answer -assessing weaknesses
-brainstorming
solutions
-suggesting them in an assertive manner
-provide feedback
Collaborate with others (EI:130) Correct Answer -Important to
work with others on issues to get multiple opinions
-Working nicely makes everything more efficient
Indicators Business Finance Series Questions With
Complete Solutions
"Sell" ideas to others (EI:108) Correct Answer Evidence,
emotion, and reasoning can sell an idea to an audience.
Adapt communication to the cultural and social differences
among clients (CR:019) (CS) Correct Answer Employees
should refrain from using derogatory, racist, and sexist
vocabulary. They should determine when it is appropriate to
utilize more casual or more professional communication.
Adapt written correspondence to targeted audiences (CO:203)
(SP) Correct Answer Know who you're writing toKeep your
audience's attention
Adjust to change (EI:026) Correct Answer Change is common
in the workplace
adapting policies, work habits, and routines
Analyze company resources to ascertain policies and procedures
(CO:057) (CS) Correct Answer Looking at the employee
handbook or talk to a co-worker to be sure of a certain
policy/procedure.
Analyze impact of specialization/division of labor on
productivity (EC:014) (SP) Correct Answer Division of labor
suited for those people ensures that a business can complete
,multiple tasks at once, allowing it to remain competitive and
thereby increasing its productivity, resulting in more outputs
Apply written directions to achieve tasks (CO:056) (PQ)
Correct Answer Directions must be followed exactly to achieve
tasks
Ask relevant questions (CO:058) (PQ) Correct Answer Ask
questions relating to topic
Assess long-term value and impact of actions on others (EI:137)
Correct Answer -Need to realize how own actions might affect
others and operations withincompany
Assess personal behavior and values (EI:126) (PQ) Correct
Answer assessed include self esteem, attitude, initiative, self
control,
creativity, flexibility, stress management, and time management
skills.
-more concrete skills and abilities include things that you will be
asked to do in the workplace,
such as selling a product or organizing an activity.
-Complete a self-assessment by asking yourself if you have
these types of skills and taking
inventory of your workplace values and needs.
-Determine what skills you are lacking and where you can make
improvements.
-Develop your skills and abilities by reading, observing, and
working in a real-world situation.
,Assess personal strengths and weaknesses. (EI:002) (PQ)
Correct Answer assess self esteem, attitude, initiative, self
control, creativity, flexibility, stress management, time
management skills.
also more concrete skills and abilities (things you will be asked
to do at work, such as selling a product or organizing an
activity)
Complete a self-assessment:
1. Ask yourself if you have these types of skills and take
inventory of your workplace values + needs
2. Determine what skills lacking and areas for improvement.
3. Develop skills and abilities by reading, observing, working in
a real-world situation.
Assess risks of personal decisions (EI:091) (PQ) Correct
Answer -look ahead + see where decisions take you
-know the pros and cons of any decision
-Assess risks to avoid the worst outcome, or be prepared for it
Build and maintain relationships with customers (CR:030) (SP)
Correct Answer Employees should communicate with
customers and have a positive attitude to keep bringing them
back
, Build trust in relationships (EI:128) (CS) Correct Answer -
Relationships built on trust.
-need to know that you will consistently deliver what you
promise
-rust leads to loyalty, ultimately leads to greater profits for
company.
Challenge the status quo (EI:134) Correct Answer -Think
outside the box/deviating from norm
-in a positive, useful way
Choose and use appropriate channel for workplace
communication (CO:092) (CS) Correct Answer To determine
the appropriate communication channel, identify the people you
want to communicate with, research how they obtain
information, consider the complexity of the message you want to
communicate, calculate the cost of communicating and decide
whether you want the communication to be interactive.
Coach others (EI:041) Correct Answer -assessing weaknesses
-brainstorming
solutions
-suggesting them in an assertive manner
-provide feedback
Collaborate with others (EI:130) Correct Answer -Important to
work with others on issues to get multiple opinions
-Working nicely makes everything more efficient
