Deca test Study guides, Class notes & Summaries

DECA Test 2 with Complete Solutions Graded A+ People who go into business know that the business may not succeed. This possibility is referred to as business - Answer-risk The general classifications of business risks are - Answer-hazard, operational, strategic, and financial. A hurricane that destroys a business is an example of a(n) __________ risk. - Answer-hazard A garden store customer tripped over a plant, fell, and sued the store for damages. This is an example of a(n) _______...

What is the benefit of clearly stating a research problem or issue? A. It determines the sample size needed for the marketing research project. B. It helps to keep marketing research focused and relevant. C. It determines the findings of the marketing research project. D. It helps the researcher to determine whether a short- or long-term study is needed. It helps to keep marketing research focused and relevant. When all employees are on the "same page" and working toward a common g...

MO DECA STATE OFFICER TEST ACTUAL EXAM NEWEST VERSION ACTUAL 140 QUESTION AND CORRECT DETAILED ANSWERS RATED A GRADE.

What is the benefit of clearly stating a research problem or issue? A. It determines the sample size needed for the marketing research project. B. It helps to keep marketing research focused and relevant. C. It determines the findings of the marketing research project. D. It helps the researcher to determine whether a short- or long-term study is needed. - Answer- It helps to keep marketing research focused and relevant. When all employees are on the "same page" and working toward a com...

MO DECA STATE OFFICER TEST LATEST 2024 WITH ACTUAL QUESTIONS AND CORRECT VERIFIED ANSWERS/ALREADY GRADED A+ 100% GUARANTEED TO PASS CONCEPTS(ALL WHAT YOU NEED) LATEST EDITION 2024

consumer questionnaires, surveys, and direct interviews are all forms of data collection used in the____function of marketing. - Answer- Information management A traditional ordering system typically begins with - Answer- The business gathering sales data and inventory information what type of accounting method is your company using if it records sales as they happen, even if no money changes hands then? - Answer- Accrual the bottom line on a business's profit-and-loss statement indica...

ILLINOIS DECA STATE OFFICER TEST TEST ACTUAL EXAM NEWEST VERSION ACTUAL 90 QUESTION AND CORRECT DETAILED ANSWERS RATED A GRADE.

company analysis - Answer-questions that determine what a company identifies what areas are weak customer analysis - Answer-studying customers buying habits to reveal patterns that offer insight into product offerings and pricing strategies competitive position - Answer-questions that determine a company's competitive plan external opportunities and threats - Answer-competition, environmental scan, political, economic, socio-cultural, technolgical competition - Answer-knowing what your co...

Psychographic Correct ans - This market segmenting involves studies of consumers based on their attitudes, lifestyles, and values. Demographic Correct ans - This market segment refers to statistical data or information concerning a person's age gender income level occupation, etc Behavioral Correct ans - This type of market segmentation is based on segmenting a market based on segmenting a market based on rate of use, shopping patterns or product benefits Geographic Correct ans - This m...

Psychographic Correct ans - This market segmenting involves studies of consumers based on their attitudes, lifestyles, and values. Demographic Correct ans - This market segment refers to statistical data or information concerning a person's age gender income level occupation, etc Behavioral Correct ans - This type of market segmentation is based on segmenting a market based on segmenting a market based on rate of use, shopping patterns or product benefits Geographic Correct ans - This m...