DECA Marketing Exam Practice (2017 20-34)

Front

Research and development speed up production by

Back

simplifying existing products.

Front

If total cost is $3,000 with zero quantity produced and $6,500 with 1,000 items produced, what is the marginal cost of producing each item?

Back

$3.50

Front

According to the Keynesian theory of unemployment, the best solution for unemployment is to

Back

increase demand.

Front

Which of the following is considered an external cause of business cycles: Climatic changes, Aggregate demand, Money supply, Inventory levels?

Back

Climatic changes

Front

Levels of inflation and unemployment are factors that affect __________ in the world market.

Back

competition

Front

A nation's currency exchange rate is likely to increase when consumer confidence is high.

Back

consumer confidence is high.

Front

Knowing your personal strengths and weaknesses helps you to

Back

make informed decisions about your future.

Front

A responsible employee is one who is able to __________ his/her mistakes

Back

admit

Front

Which of the following responses to a difficult situation would damage your professional image:
- Using inappropriate language
- Listening without interrupting
- Showing empathy toward others
- Controlling your facial expression

Back

Using inappropriate language

Front

Businesses should view negotiation as a way to

Back

build strong relationships.