Deca marketing cluster - Study guides, Class notes & Summaries

DECA MARKETING CLUSTER PRACTICE EXAM |700 Q & A | EXPERT GUARANTEED FOR PASS| 2024 | 100% CORRECT B - Which of the following is a way that local zoning laws affect businesses: A. Prohibit price discrimination B. Restrict placement of billboards C. Limit creation of monopolies D. Require labels on products C - Which of the following is an example of a voluntary debtor-creditor relationship: A. Requiring specific information B. Receiving a monetary gift C. Obtaining a lo...

DECA MARKETING CLUSTER EXAM (HS ICDC) WITH COMPLETE SOLUTIONS DECA MARKETING CLUSTER EXAM (HS ICDC) WITH COMPLETE SOLUTIONS DECA MARKETING CLUSTER EXAM (HS ICDC) WITH COMPLETE SOLUTIONS DECA MARKETING CLUSTER EXAM (HS ICDC) WITH COMPLETE SOLUTIONS 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-exclusiv...

2024 DECA MARKETING CLUSTER EXAMS 1 & 2 (2 VERSIONS) EACH EXAM CONTAINS 100 QUESTIONS AND CORRECT ANSWERS WITH RATIONALES GRADED A+ (BRAND NEW!!) A grocery store has opening stock value of $75,380, stock purchases of $21,925, net sales transactions of $89,150, and periodic stock count of $7,875. What is the store's dollar amount of inventory shrinkage? A. $265 C. $280 B. $270 D. $295 - ANSWER-C $280. To calculate the grocery store's dollar amount of inventory shrinkage, begin with...

DECA MARKETING CLUSTER EXAM #1028 (1-50) | COMPLETE SOLUTIONS | 100% GUARANTEED FOR PASS One business promising to do something for another business in return for receiving compensation is an example of a A. partnership. C. contract. B. benefit. D. guarantee. - C (Contracts are agreements among two or more parties stating that one party is to do something in return for something provided by another party. If one business promises to do something for another business in return...

DECA MARKETING CLUSTER EXAM (HS ICDC) | 100% VERIFIED A primary responsibility of administrative law is to... - 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? - exclusive When a retailer follows up with a vendor ti verify that an individual order shipped on time, it is - facilitating customer service Kendra owns a small business that sells handmade quilts to residents an...

Exclusive Distribution - Situation where suppliers and distributors enter into an exclusive agreement that only allows the named distributor to sell a specific product. Electronic Data Interchange (EDI) Systems - The electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper. Trading Partners - Business entities conducting business electronically. Streamline -...

DECA Marketing Cluster Exam Vocabulary well answered to pass

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. - correct answer b 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 - correct answer b Channels of distribution benefit businesses by A. lowering the pric...

C - correct answer Which of the following is an example of a voluntary debtor-creditor relationship: A. Requiring specific information B. Receiving a monetary gift C. Obtaining a loan from a bank D. Owing punitive damages B - correct answer Every channel of distribution begins with the __________ and ends with the user or consumer. A. intermediary B. producer C. retailer D. agent D - correct answer How does implementing an electronic data interchange (EDI) system benefit businesses...

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 image, buying cycles marketing information system - ANSWER-set of procedures and methods regularly used for information about markets database marketing - ANSWER-customer relationship management (...