WorksheetsDECA Meeting #2
Total questions: 10
Worksheet time: 5mins
Many businesses establish guidelines to direct the interactions of employees with customers for the purpose of what?
Attracting new credit customers
Increasing the level of gross margin
Promoting good customer relations
Motivating the sales force
Which of the following examples would be considered illegal insider trading?
Rita's financial advisor predicts that a certain stock will perform well
Ian buys stock in his wife's company after learning from her that the firm will post high earnings
An employee who participates in an employee stock purchase plan buys stock in his company
A government official owns stock in various public corporations
Which of the following is a factor that would encourage businesses to start a business at a particular location?
Easy access to natural resources
Strict government regulations
Easy access to competitors' products
High unemployment rates
Tia is the front office manager at the Grand Hotel. She is preparing a short report for the general manager regarding budgetary issues that are negatively impacting the hotel. How should she begin the report?
Share information from the budget
Provide a formal plan to adjust the budget
Explain the purpose of the report
Share information from the budget
Which of the following is a product factor that sandwich shops consider when deciding on the price to charge for menu items?
Cost of food
Method of delivery
Amount of advertising
Type of decor
What is the most important factor that Jillian should consider when she selects the photocopier for her new company?
Taxation
Business location
Usage
Taxation
Which of the following is an example of an unethical activity that relates to risk management?
Requesting various documents to process a loan request
Issuing bonds to raise funds for a corporation
Using third-party debt collectors to obtain overdue payments
Withholding information from insurance underwriters
Age, ethnicity, and income are all factors when developing a target segment based on what?
Psychographics
Geography
Demographics
Behavior
Which of the following is the best example of misusing company resources?
Nate flies first class when he travels for work
Juan takes notepads from the supply closet
Ashley pays for a business lunch with a company credit card
Yazmin often leaves her shift early without clocking out
Which of the following marketing strategies is appropriate for the maturity stage of the product life cycle?
Increasing media advertising
Offering incentives to distributors
Increasing prices
Finding nontraditional distribution channels
