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DECA Entrepreneurship Quiz
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DECA Entrepreneurship Quiz
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25 Questions

1. Sandra Is A Manager At A Distribution Plant. Lately, Her Customers Have Been Complaining About Timely Deliveries. Which Area Of The Business Does Sandra Need To Focus On To Ensure On-Time Delivery?

2. An Entrepreneurial Business Owner Must

3. Which Of The Following Media Could Increase A Business's Sales By Reaching People Who Are Driving Home From Work:

4. Which Of The Following Financial Analysis Methods Is Used To Show The Relationship Of Each Component To The Total Within A Single Financial Statement:

5. What Is A Benefit To A Tour Operator Who Makes Business Decisions By Analyzing Statistical Information?

6. A Small-Business Owner Might Register For Trademark Protection For The Company's

7. For Successful Innovation To Occur, Employees Must Be Willing To __________ While Developing Ideas.

8. Why Is It Important To Track The Performance Of A Business Plan?

9. Which Of The Following Situations Would Supply Chain Managers Encounter During The Final Stage Of Supply Chain Management:

10. Which Of The Following Is The Type Of Tax That Businesses Are Required To Collect From Customers When They Purchase Certain Goods Or Services:

11. Managerial Accounting Differs From Financial Accounting Because Managerial Accounting

12. The Balance Sheet Has A Close Relationship With The Company's

13. A Business Negotiates A Two-Year Lease On 2,250 Square Feet Of Space For $2.60 Per Square Foot With An Option On A Third Year At A 5% Increase In Rent. What Will The Monthly Rent Be If The Business Extends The Lease For A Third Year?

14. A Business That Fails To Protect Its Employees From Unnecessary Risk Or Health Hazards On The Job May Be Sued For

15. Businesses Often Use Direct Advertising Strategies Because

16. Al Is Thinking About Moving His Company's Headquarters To Another City, Which Would Be Expensive But Closer To The Raw Materials Needed For Manufacturing. The Benefit In Moving Is

17. Mark Doesn't Have Much Money To Promote His New Restaurant, So He Focuses On Inviting A Few Customers In For A Special Dinner In Hopes That They Will Post Favorable Reviews Online And Tell Their Family And Friends About Their Great Meals. Mark Is Using __________ Marketing.

18. A Manufacturer Of Dishwashing Soap Has Just Invented A New Type Of Soap That Cleans Better. The Manufacturer Should Choose To Distribute The Soap Through __________ Distribution.

19. Because Operations Managers Control So Much Of A Business's Money, They Must Focus On

20. Having A Narrow Product Mix Allows A Company To

21. How Long Are Businesses Required To Keep Their Records?

22. In Order For A Market To Exist, Consumers Must Have An Unfulfilled Desire For A Product And Have Financial Resources. An Important Criterion To Consider When Identifying Market Segments Is The __________ Of The Market.

23. Companies X, Y, And Z Determine The Selling Price Of Widgets Because These Companies Are The Only Ones Who Market Widgets. This Is An Example Of

24. Why Is It Important For Businesses To Have Efficient Production?

25. The Marketing Function That Helps Marketers Make Decisions About What And To Whom To Sell Is