Deca marketing exam - Study guides, Class notes & Summaries

DECA Marketing Exam Questions and Answers All Correct Marketing - Answer-The dynamic activities that focus on the customer to generate a profitable exchange The Goal of Marketing - Answer-To meet customers' needs (goods and services you need) and wants (goods and services you do not need but would like to have) with products that customers can and will buy Dynamic - Answer-constantly changing Customer - Answer-an individual or group who buys products Target Market - Answer-The sp...

Marketing - The dynamic activities that focus on the customer to generate a profitable exchange The Goal of Marketing - To meet customers' needs (goods and services you need) and wants (goods and services you do not need but would like to have) with products that customers can and will buy Dynamic - constantly changing Customer - an individual or group who buys products Target Market - The specific group of customers whose needs a company will focus on satisfying The Four Ps of M...

DECA Marketing Exam with Complete Solutions A Grade Exam One business promising to do something for another business in return for receiving compensation is an example of - Answer-contract. A basic principle of procedural due process involves __________ before taking action. - Answer-providing notice Channels of distribution allow channel members to share - Answer-risk. Massimo's Corner Grocery sells a variety of fruits and vegetables to consumers within the community. Massimo's i...

DECA Marketing Exam Questions with All Correct Answers Bait and Switch Advertising - Answer-Promoting a low-priced item to attract customers to whom the business then tries to sell a higher priced item. (Too good to be true) business franchise - Answer-a semi-independent business that pays fees to a parent company in return for the exclusive right to sell a certain product or service in a given area channel of distribution - Answer-the route a product follows and the businesses involve...

DECA Marketing Cluster Exam (2023 – 2024) With Complete Solutions

Marketing The dynamic activities that focus on the customer to generate a profitable exchange The Goal of Marketing To meet customers' needs (goods and services you need) and wants (goods and services you do not need but would like to have) with products that customers can and will buy Dynamic constantly changing Customer an individual or group who buys products Target Market The specific group of customers whose needs a company will focus on satisfying T...

DECA MARKETING EXAM 2024 WITH 100% ACCURATE ANSWERS Which of the following research designs would be best suited to determine the reach of an advertisement in a particular target market: - correct answer survey An advantage to retailers of offering credit is that credit customers - correct answer coworker Ryan goes to the grocery store every week and buys food to feed his family. Ryan's purchases are most likely driven by which need in Maslow's hierarchy of needs? - correct answer P...

One business promising to do something for another business in return for receiving compensation is an example of - ANSWER-contract. A basic principle of procedural due process involves __________ before taking action. - ANSWER-providing notice Channels of distribution allow channel members to share - ANSWER-risk. Massimo's Corner Grocery sells a variety of fruits and vegetables to consumers within the community. Massimo's is considered a(n) - ANSWER-retailer. Radio frequency ident...

DECA Marketing Cluster Written Exam (Terms/Answers) DECA Marketing Cluster Written Exam (Terms/Answers) DECA Marketing Cluster Written Exam (Terms/Answers) DECA Marketing Cluster Written Exam (Terms/Answers) 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 ...

DECA Marketing Cluster Exam District Level Practice Questions & Answers The purpose of legal procedure is to ensure that each party receives A. ongoing advice. B. consistent treatment. C. a reasonable verdict. D. an indictment. - ANSWERSb Wal-mart, Chevron Texaco, and Ford Motor Company sell stock in their companies. They are examples of which of the following types of business ownership: A. Franchisee B. Corporation C. Partnership D. Sole proprietorship - ANSWERSb Channel...