DECA PRACTICE TEST QUESTIONS AND ANSWERS 2024/2025
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Course
DECA
Institution
DECA
Which of the following business activities would be most affected by weak economies, pricing
pressures, regulatory changes, and global supply chain disruptions:
→ International risk management
Which of the following types of goods do marketers classify according to their uses:
→ Industria
Jordan buys a sofa from a local furniture store that advertises "90 days same as cash." She's
able to have the sofa delivered to her house immediately without paying anything. However,
if she doesn't pay for the sofa within the 90-day period, she'll be subject to finance charges.
Jordan bought the sofa using a __________ credit account.
→ budget
When Mark starts a new project at work, he thinks through and plans the specific steps that he
will need to take to achieve the outcomes that he desires. Mark is engaging in
→ process thinking.
Which of the following is an example of an unethical activity that relates to risk management:
→ Withholding information from insurance underwriters
Before knowledge can be reused or shared, it must be
→ recognized
Before producing any widgets, a business has total costs of $25,000 that increases to
$27,500 when the business produces 1,000 widgets. What is the marginal cost of producing
each widget?
→ $2.50
Once you know your group's purpose, what should you do next?
→ Agree on ground rules
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