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DECA Meeting Quiz #2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

The importance of following legal procedure is to provide each party with

a)

specific duties.

b)

unique rights.

c)

due process.

d)

formal requests.

2.

What type of risk-management technology can track individual traders' risk limits and notify management immediately if any trader exceeds their preset limit?

a)

Corporate governance

b)

Automated oversight

c)

Stress testing

d)

Data aggregation

3.

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.

a)

intensive

b)

inclusive

c)

selective

d)

exclusive

4.

Which of the following is an example of how sales promotion tactics can impact marketing goals:

a)

Samuel purchases a new car after viewing a commercial.

b)

Fatima convinces customers that her software is superior to competitors.

c)

A soft drink company hosts a press conference to discuss its new flavor.

d)

Erica goes to a coffee shop every day in hopes of winning a contest.

5.

Chris purchased 500 shares of microcap HRR stock. Then, he posted false information about HRR on several investment websites to hype up the stock. After driving up the price of HRR stock, Chris quickly sold all of his stock in the company and earned a large profit. The price of the stock then fell, leaving HRR investors with worthless stock. What type of investment scam did Chris commit?

a)

phishing

b)
pyramid scheme
c)
ponzi scheme
d)
pump and dump
6.

Hank would like to meet regularly in person with other financial planners in his geographic area to discuss trends and issues impacting their profession. Which of the following professional organizations would best meet Hank's needs:

a)

Federal Organization of Financial Planners

b)

National Association of Professional Financial Advisors

c)

International Financial Planning Association

d)

Local Society of Financial Planning Professionals

7.

Which of the following is an example of using social media to enhance a customer's post-sale experience:

a)

Offering discounts for first-time customers

b)

Obtaining new followers that could make a purchase

c)

Responding to negative and positive online reviews

d)

Posting about the release of a product line

8.

Hotels benefit from selling gift certificates to guests because these gift certificates

a)

provide an experience, not just a product.

b)

are redeemable at any time by the recipient.

c)

are a small production investment for the hotel.

d)

can extend the customer base of the hotel.

9.

. Which of the following is an advantage of using the internet as a promotional tool for your business:

a)

It is more cost effective than traditional advertising.

b)

It can make it easier for hackers to find information.

c)

Tracking results is difficult and slow

d)

It reaches fewer people than traditional promotion.

10.

Which of the following is an example of a touchpoint:

a)

A staff meeting to discuss brand values

b)
A company-wide email from the CFO
c)
An in-house health insurance website
d)
A reply to a customer question on social media