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DECA Test Study Guide questions well answered already passed
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DECA Test Study Guide questions well answered already passed
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DECA Test Study Guide questions wellanswered already passed
company analysis - correct answer ✔✔questions that determine what a company identifies what areas
are weak
customer analysis - correct answer ✔✔studying customers buying habits to reveal patterns that offer
insight into product offerings and pricing strategies
competitive position - correct answer ✔✔questions that determine a company's competitive plan
external opportunities and threats - correct answer ✔✔competition, environmental scan, political,
economic, socio-cultural, technolgical
competition - correct answer ✔✔knowing what your competitors are doing at all times, as changes can
provide opportunities
environmental scan - correct answer ✔✔an analysis of outside influences that may have an impact on an
organization
political - correct answer ✔✔being alert to new government laws
economic - correct answer ✔✔determines whether the economy is going up and down, is vital in making
future decisions
socio-cultural - correct answer ✔✔changes in attitudes, lifestyles, and opinions provide
opportunities/threats
technological - correct answer ✔✔changing technology provides both threats and opportunities
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