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DECA practice test Study Guide with Complete Solutions

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DECA practice test Study Guide with Complete Solutions Which of the following business activities would be most affected by weak economies, pricing pressures, regulatory changes, and global supply chain disruptions: - Answer-International risk management Which of the following types of goods d...

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  • October 2, 2024
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  • 2024/2025
  • Exam (elaborations)
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  • DECA
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EmillyCharlotte
EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
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FIRST PUBLISH SEPTEMBER 2024

DECA practice test Study Guide with
Complete Solutions

Which of the following business activities would be most affected by weak economies,

pricing pressures, regulatory changes, and global supply chain disruptions: -

Answer✔✔-International risk management


Which of the following types of goods do marketers classify according to their uses: -

Answer✔✔-Industrial

Which of the following is a technological tool that a financial institution might use to

quantify potential losses related to investment portfolios: - Answer✔✔-Risk modeling

Tanner is sending out an online customer satisfaction survey. What technique can he

use to ensure he is protecting customer data? - Answer✔✔-Only ask for the

information he needs the most

The overall purpose of the Six Sigma quality-management framework is to satisfy

customers and - Answer✔✔-lower costs

Belinda is reviewing departmental reports to determine why the business's outputs have

been decreasing steadily over the last six weeks. Belinda is analyzing issues related to -

Answer✔✔-production

Which of the following is an action that threatens a company's ability to maintain its

trade secrets: - Answer✔✔-Reverse engineering



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,EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
One of the goals of change management is - Answer✔✔-to obtain buy-in from

stakeholders.

How can companies reduce the risk of security breaches caused by inattentive

employees? - Answer✔✔-Encourage employees to use strong passwords on all

devices

Projects are short-term undertakings that create - Answer✔✔-unique goods or

services.

What occurs during the first stage of the change management life cycle? -

Answer✔✔-Organizations identify and communicate the need for change to

employees.

A purpose of effective communication in marketing is to - Answer✔✔-persuade

consumers to buy.

Which of the following supply chain issues is primarily a result of globalization: -

Answer✔✔-Companies need to personalize products and packaging to appeal to

multiple customer segments.

The first step of protecting a business's digital assets is taking an inventory. This

includes what information is on what media, where the information is located, and -

Answer✔✔-how the information is accessed.

Jordan buys a sofa from a local furniture store that advertises "90 days same as cash."

She's able to have the sofa delivered to her house immediately without paying anything.

However, if she doesn't pay for the sofa within the 90-day period, she'll be subject to


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, EMILLYCHARLOTTE 2024/2025 ACADEMIC YAER
©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISH SEPTEMBER 2024
finance charges. Jordan bought the sofa using a __________ credit account. -

Answer✔✔-budget

When Mark starts a new project at work, he thinks through and plans the specific steps

that he will need to take to achieve the outcomes that he desires. Mark is engaging in -

Answer✔✔-process thinking.

Which of the following is an example of an unethical activity that relates to risk

management: - Answer✔✔-Withholding information from insurance underwriters

Before knowledge can be reused or shared, it must be - Answer✔✔-recognized

Before producing any widgets, a business has total costs of $25,000 that increases to

$27,500 when the business produces 1,000 widgets. What is the marginal cost of

producing each widget? - Answer✔✔-$2.50

Once you know your group's purpose, what should you do next? - Answer✔✔-Agree

on ground rules

The litigation process begins when - Answer✔✔-the plaintiff files a complaint with the

court

To write text on your web page, you need to use __________ software. - Answer✔✔-

web-editing

Variable expenses increase in direct proportion to the increased rate of - Answer✔✔-

production

Kevin is planning to paint a house. He draws a simple graph that shows the sequence

of tasks that will be done from beginning to end of the project. For example: 1) Buy

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