Deca marketing - Study guides, Class notes & Summaries

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 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...

Questions and Answers 100% Pass DECA Marketing Terms Questions and Answers 100% Pass

DECA Marketing Terms with Complete Solutions Adaptability - Answer-The ability to make changes to be a better match or fit in new situations. Advertising Campaign - Answer-A coordinated series of linked ads with a single or theme. AIDA - Answer-Acronym for customer: Attention, Interest, Desire and Action Assets - Answer-Property or items of value owned by a business Attitude - Answer-How a person feels about something or the way a person looks at the world and responds to events....

DECA Marketing 2024 Exam Questions and Answers All Correct A company that is being sued is given the opportunity to present evidence to defend itself. This is an aspect of - Answer-legal procedure. A primary responsibility of a federal regulatory agency is issuing radio and television licenses to qualified applicants. What type of authority does the agency have? - Answer-Control of supply A Japanese marketer wants to sell large quantities of DVD players in the United States. The channe...

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...

DECA Marketing Communications Practice Test with Compete Solutions A business owned by two or more persons who have unlimited liability is called a - Answer-general partnership. a business report about the specific market share of computer manufacturers during a particular time frame - Answer-In 2014, Hewlett-Packard held 27.6 percent of the market share, followed by Dell, which held 24.3 percent. The best way for Melissa to determine if her company will pay the tuition for the class ...

DECA Marketing Vocabulary with Complete Solutions 100% Correct Marketing - Answer-the processes of communicating the value of and connecting a product or service to customers/clients/partners and society SWOT analysis - Answer-A chart that businesses use to analyze and plan their companies by identifying their Strengths, Weaknesses, Opportunities, and Threats. Marketing Mix (4 P's of Marketing) - Answer-Price, Place (distribution), Promotion, Product. These are parameters the marketer...

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 -...