RRHS DECA Entrepreneurship Cluster Exam

Which of the following is a legal concept that affects businesses that operate in foreign countries:

• A. Sovereign immunity

• B. Eminent domain

• C. Absolute privilege

• D. Social responsibility

Because operations managers control so much of a business's money, they must focus on

• A. keeping costs low.

• B. hiring the best employees.

• C. creating effective advertising campaigns.

• D. generating publicity.

Why do businesses often maintain several different personnel files for each employee?

• A. To organize general information

• B. To make record keeping easier

• C. To protect employees' privacy

• D. To be prepared for an emergency

The goal of most marketing promotions is to communicate with

• A. all consumers.

• B. business partners.

• C. target audiences.

• D. competitors.

What is one reason why many people decide to become entrepreneurs?

• A. Flexibility

• B. Long hours

• C. Less risk

• D. Less responsibility

Obtaining goods that will satisfy the needs and wants of a business's customers is a function of

• A. advertising.

• B. selling.

• C. marketing.

• D. purchasing.

A local business raises money to help people in the community who were affected by a tornado. This is an example of which of the following positive actions that businesses should take:

• A. Providing excellent customer service

• B. Providing proper training for employees

• C. Demonstrating corporate responsibility

• D. Protecting the business's reputation

What is an example of a company using a direct marketing channel?

• A. Responding to customer ideas and requests via email

• B. Hiring a research company to conduct marketing surveys

• C. Advertising products in a popular magazine

• D. Creating an ad that is promoted on social media

Mike is thinking about expanding his manufacturing business internationally. Which of the following is a risk he might encounter:

• A. Encountering new markets

• B. Dealing with cultural and language barriers

• C. Dealing with fewer government regulations

• D. Saving money on taxes

Why is it important for businesses to have efficient production?

• A. To be competitive

• B. To remain flexible

• C. To pay employees

• D. To buy resources