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DECA BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM BUNDLE!!

DECA BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM BUNDLE!!DECA BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM BUNDLE!!DECA BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM BUNDLE!!DECA BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM BUNDLE!!DECA BUSINESS MANAGEMENT AND ADMINISTRA...

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BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM WITH COMPLETE SOLUTIONS!!

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1. One of the main functions of the legal procedure is to A. establish laws. B. enact legislation. C. resolve disputes. D. dissolve businesses. - ANSWER-C 2. Marsha wants to invest her savings in a business. However, she wants to protect all of her personal assets. Which type of business own...

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DECA Sample Exam Business Management and Administration Cluster with Complete Solutions!!

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To cross the street, you must use a crosswalk and wait until the appropriate traffic signal appears. This is an example of a - ANSWER-law A debtor-creditor relationship exists when - ANSWER-interest is charged Jon sues his former employer for harassment. In what situation would the employer be...

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DECA- Business Management and Admin. Cluster with Complete Solutions

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Communication Skills - ANSWER-The ability to convey information to one another effectively and efficiently. Economics - ANSWER-Attempts to explain how wealth is created and distributed in communities, hoe people allocate their resources and any matter that deals with human wants and their satisfa...

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DECA Business Management & Administration Cluster - Vocabulary (LAMINATED TRI-FOLD) with Complete Solutions!!

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Balance of Trade - ANSWER-The difference in value between exports and imports of a nation Business Analysis - ANSWER-Investigation into the operations of a business to demonstrate the causes behind the results achieved, and the effects of those results on the business Business Risk - ANSWER-Th...

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DECA Business Management & Administration Career Cluster Exam: BLTDM with Correct Solutions

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Tessa and her friends were caught drinking alcohol underage. This is an example of breaking A. administrative law. C. criminal law. B. civil law. D. international law. - ANSWER-C. Criminal law. Criminal law deals with crime, which can cause damage to an individual as well as society as a whole, and...

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BUSINESS MANAGEMENT AND ADMINISTRATION CLUSTER EXAM WITH COMPLETE SOLUTIONS!!

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In order for a contract between two parties to be legally binding, one party must make an offer and the other party must accept the offer. This offer and acceptance meet the __________ provision. - ANSWER-Agreement When an agent legally acts in the best interests of his/her client, the agent is e...

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DECA Business Management and Administration Exam Questions &Answers (Graded A+)

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Business Management/Administration Exam (12-13) Score: 21/100 PLEASE NOTE:Questions answered incorrectly have an asterisk (*) to their left and are highlighted in RED.The correct answer(s) have a double asterisk (**) to their right and are highlighted in GREEN.* 1. Pedro Sanchez works as a loan pr...

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DECA Business Management & Administration Core Cluster with Complete Solutions!!

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Automated Knowledge - ANSWER-Explicit knowledge that has been embedded in an automatic device Cognition - ANSWER-Act or process of knowing Cognitive Science - ANSWER-Field that investigates the processes of human intelligence Cognitive Style - ANSWER-Individual's mental approach and reason...

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DECA Business Management and Administration Cluster Exam with Complete Solutions!!

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A major responsibility of environmental law - ANSWER-Conservation If everyone in a business shares unlimited liability for the losses of the business, they are part of a -- - ANSWER-General Partnership A barrier to effective listening is often the -- of the listener - ANSWER-Attitude An exa...

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Business Management and Administration Cluster Exam with Complete Solutions

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Shamir and Frieda both own salons in the same town. In a newspaper interview, Shamir presents several untrue and negative facts about Frieda's salon, and her business suffers as a result. Frieda is likely to file a tort action against Shamir for A. negligence. B. appropriation. C. defamatio...

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DECA Business Management and Administration Cluster Exam Questions and Answers (Graded A+)

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Pedro Sanchez works as a loan processor for the MON Company, which is located in Smithsville. Pedro has recently approved an application to extend a $10,000 in this situation? - ANSWER-MON Company. A type of business ownership in which one or more of the owners does not have full liability is ca...

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DECA Business Management and Administration Cluster – Vocabulary with Complete Solutions!!

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Business Plan - ANSWER-A written outline that evaluates all aspects of your business Business Profile - ANSWER-A type of definition that summarizes the important characteristics of the business and helps to identify areas for improvement Calendar Tax Year - ANSWER-12 consecutive months beginni...

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THE BUSINESS MANAGEMENT + ADMINISTRATION CAREER CLUSTER EXAM DECA WITH COMPLETE SOLUTIONS!!

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Limited liability is a characteristic of what form of business ownership? A. Sole proprietorship B. Joint proprietorship C. Partnership D. Corporation - ANSWER-D Corporation. Stockholders in corporations have limited liability; that is, their losses are limited to the amount of money that ...

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Business Management and Administration Cluster Exam Questions and Answers (Graded A+)

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1. Which of the following statements would be placed in the introductory section of a research report: - ANSWER-Answer: B. The purpose of this study is to determine why sales have been decreasing for three consecutive quarters. ** 2. Which of the following is a non-price issue that a business mig...

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DECA Business Management and Administration Career Cluster - Performance Indicators with Complete Solutions!!

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Describe factors affecting the settlement of legal matters. - ANSWER-A settlement is a set of terms that the parties agree to fulfill within a certain timeframe after conclusion of the trial. Some factors are: Extent of Injury - how bad the damages are Potential Damages Caused by Trial - legal...

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Business Management and Administration Cluster Exam|100 Questions and Answers!!

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What is the federal agency responsible for enforcing environmental regulations? - ANSWER-Environmental Protection Agency. What type of partnership arrangement might restrict a partner's liability? - ANSWER-Limited. Employees are more likely to be able to correctly follow directions if those d...

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Business Management and Administration Cluster (18-19) Questions and Answers 100% Accurate!!

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1. Bailey knows that she has more knowledge about digital marketing than anyone else on her team. She is reluctant to share her knowledge because she wants to give herself an advantage. This is an example of how: - ANSWER-self-interest can prevent effective knowledge management. ** 2. Using compu...

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Business Management and Administration Exam with Complete Solutions!!

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1. In a contract, what one party gives or receives in exchange for something else is an example of - ANSWER-A. agreement. B. consideration. C. compensation. D. acceptance. 2. Acting on the behalf of The Jones Company, Jenna has the authority to establish business contracts with other compan...

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DECA- Business Management+ Administration Career Cluster with Complete Solutions!!

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As the principal in an agency business relationship, Lynn tells Bob to take specific action on her behalf under certain circumstances. What type of authority has Lynn given to Bob? - ANSWER-Express Jake is researching career trends in the field of accounting. Which source is most likely to contai...

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Business Management and Administration Cluster, Larger Quiz Questions and Answers (Graded A+)

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How can government laws and regulations result in economic risk? A. They can make businesses less safe. B. They can reduce a business's profits. C. They can protect consumers. D. They can result in environmental problems. - ANSWER-B. They can reduce a business's profits. Which of the f...

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DECA Business Administration Career Cluster with Complete Solutions!!

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Business Risk - ANSWER-The probability of loss inherent in an organization's operations and environment that may impair its ability to provide returns on investment. Quality Management Framework - ANSWER-The act of overseeing all activities and tasks needed to maintain a desired level of excelle...

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DECA Business Administration Core Exam 2024 Questions and Answers 100% Verified!!

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Franchise - ANSWER-a contractual agreement between a parent company and a franchisee to distribute goods and services Corporation - ANSWER-a form of business ownership that is owned by stockholders who have purchased units or shares of the company Elastic Demand - ANSWER-demand that changes ...

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DECA, Business Administration Core, Exam with Complete Solutions!!

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What is an example of a free good? - ANSWER-A drink of water from a spring. One of the benefits to some individuals of using Form 1040 to file their personal income tax is that this form enables them to.. - ANSWER-Deduct allowable expenses. The owner of a company would like to raise money for ...

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DECA+ Business Admin Core Performance Indicators with Complete Solutions!!

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Describe the nature of legally binding contracts - ANSWER-A contract that is legally binding is considered valid and enforceable in a court of law. A contract is a clear outline of an agreement between at least two parties. Usually contracts define each party involved and any terms used within the a...

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Business Administration Core Performance Indicators with Complete Solutions!!

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Discuss the nature of law and the sources of law in the United States. - ANSWER-In United States' law, the accused are indicted to a court trial where they are heard by a judge and a jury. The U.S. Constitution guarantees the accused certain rights such as no excessive bail and the right to not tes...

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Business Administration Core Cluster Sample Test - Week 5/5 (81-100) with Complete Solutions

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81. To reduce the risk of injury in the workplace, the government requires businesses to follow A. organizational health policies. B. privacy laws. C. conservation ordinances. D. safety regulations. - ANSWER-D Safety regulations. Employees have the right to work in a safe environment. To ensu...

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DECA: HUMAN RESOURCES MANAGEMENT (HRM) EXAM EXAMPLE WITH COMPLETE SOLUTIONS!!

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Macon Industries writes a purchase order for bolts, washers, and nails and sends the order to the Stanton Company to process. A. letter of intent. B. open order. C. accounts-receivable document. D. sales contract. - ANSWER-D Sales contract. A purchase order is a form that a business fills o...

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Marketing Cluster Exam-DECA 2024 Questions and Answers (Graded A+)

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Which of the following is an aspect of channel management that impacts customer service? - ANSWER-Timeliness What type of law is violated when a supplier requires intermediaries to enter into tying agreements? - ANSWER-Antitrust What communication style is most appropriate to use when you are ...

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DECA Finance Cluster Exam Practice Questions and Answers (Graded A+)

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Which of the following is a reason to analyze financial data: A. To develop financial models B. To identify products which need to be recalled C. To determine a business's qualitative characteristics D. To understand accounting treatment - ANSWER-D Which of the following mutual funds is most...

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DECA | Finance Career Cluster Exam| 100 Questions and Answers 100% Correct!!

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Businesses must comply with regulations that limit the amount and type of pollution and waste they produce. These regulations are referred to as __________ laws. A. environmental B. antitrust C. property D. industrial - ANSWER-A. Environmental: The purpose of environmental laws is to protect the...

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DECA MARKETING CLUSTER EXAM (HS ICDC) WITH COMPLETE SOLUTIONS

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A primary responsibility of administrative law is to... - ANSWER-enforce agency regulations What distribution method is best for a manufacture to use when the product us complex and is difficult to install and repair? - ANSWER-exclusive When a retailer follows up with a vendor ti verify that a...

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DECA Marketing Cluster Written Exam (Terms/Answers) Correct 100%

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price fixing - ANSWER-illegal collusion/communication between firms eliminating competition price discrimination - ANSWER-different prices for different customers marketing research - ANSWER-process of collecting information to determine consumer preference, market size, competition, public im...

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DECA SCDC Finance Cluster Exam Questions and Answers 100% Verified!!

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2. An important purpose of full-disclosure laws and regulations is to A. allow company employees to use inside information for personal gain. B. provide information to investors so they can make informed decisions. C. require companies to disclose all information about their operations. D. preve...

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DECA Hospitality + Tourism Cluster Exam Review Questions & Answers 100% Correct!!

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. An "artificial being, invisible, intangible, and existing only in contemplation of the law" is the legal definition of a A. corporation. B. franchise. C. partnership. D. sole proprietorship - ANSWER-Corporation. Forming a corporation is like creating an independent entity that will ...

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MARKETING CLUSTER EXAM WITH COMPLETE SOLUTIONS!!

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An employer may be liable for an employee's tort when the employee's actions occur A. under emotional stress. C. within normal operating hours. B. within the scope of his/her employment. D. without the employer's knowledge. - ANSWER-B. Which of the following statements is true about express ...

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HR Management DECA #3 Exam Questions & Answers 100% Correct

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What component of project-management software helps project managers determine the length of time that a series of interdependent tasks will take to complete under various circumstances: - ANSWER-critical path Phoebe is the manager of a small company. One of her employees has been showing up late...

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DECA Business Management and Administration Cluster Exam with Correct Solutions

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Which of the following is one of the major responsibilities of environmental law? A. Land Management B. Historic Preservation C. Conservation D. Production - ANSWER-C. Conservation One of the main responsibilities of environmental law is the conservation and preservation of the natural env...

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