Package deal
DECA BUNDLED exams 2023 with 100% correct answers
DECA Test exam 2023 with 100% correct answers DECA Marketing cluster exam 2023 with 100% correct answers
[Show more]DECA Test exam 2023 with 100% correct answers DECA Marketing cluster exam 2023 with 100% correct answers
[Show more]What is the benefit of clearly stating a research problem or issue? 
A. It determines the sample size needed for the marketing research project. 
B. It helps to keep marketing research focused and relevant. 
C. It determines the findings of the marketing research project. 
D. It helps the researcher...
Preview 2 out of 12 pages
Add to cartWhat is the benefit of clearly stating a research problem or issue? 
A. It determines the sample size needed for the marketing research project. 
B. It helps to keep marketing research focused and relevant. 
C. It determines the findings of the marketing research project. 
D. It helps the researcher...
The purpose of legal procedure is to ensure that each party receives 
A. ongoing advice. 
B. consistent treatment. 
C. a reasonable verdict. 
D. an indictment. 
b 
 
 
 
Wal-mart, Chevron Texaco, and Ford Motor Company sell stock in their companies. They are examples 
of which of the following types...
Preview 4 out of 46 pages
Add to cartThe purpose of legal procedure is to ensure that each party receives 
A. ongoing advice. 
B. consistent treatment. 
C. a reasonable verdict. 
D. an indictment. 
b 
 
 
 
Wal-mart, Chevron Texaco, and Ford Motor Company sell stock in their companies. They are examples 
of which of the following types...
Agency relationship 
The agent has authority to act on behalf of the principal. 
Ex. Josh is a small business owner who hires a lawyer to represent him in court. Josh is the principal, the lawyer is the agent. 
 
 
 
Representative 
A person elected to represent the people 
 
 
 
Which business is m...
Preview 2 out of 13 pages
Add to cartAgency relationship 
The agent has authority to act on behalf of the principal. 
Ex. Josh is a small business owner who hires a lawyer to represent him in court. Josh is the principal, the lawyer is the agent. 
 
 
 
Representative 
A person elected to represent the people 
 
 
 
Which business is m...
Many nations have developed environmental regulations in order to encourage 
 
A. ethical behavior. 
B. conservation. 
C. moral conduct. 
D. industrialization. 
B 
 
 
 
Mr.Brown has inherited a small sum of money, and he wants to become a business owner. However, he has a full time job that he plan...
Preview 3 out of 27 pages
Add to cartMany nations have developed environmental regulations in order to encourage 
 
A. ethical behavior. 
B. conservation. 
C. moral conduct. 
D. industrialization. 
B 
 
 
 
Mr.Brown has inherited a small sum of money, and he wants to become a business owner. However, he has a full time job that he plan...
Which of the following is one of the major responsibilities of environmental law? 
 
A. Land Management 
B. Historic Preservation 
C. Conservation 
D. Production 
C. Conservation 
One of the main responsibilities of environmental law is the conservation and preservation of the natural environment. T...
Preview 2 out of 14 pages
Add to cartWhich of the following is one of the major responsibilities of environmental law? 
 
A. Land Management 
B. Historic Preservation 
C. Conservation 
D. Production 
C. Conservation 
One of the main responsibilities of environmental law is the conservation and preservation of the natural environment. T...
Touchpoints 
all of the opportunities that a company has to connect with its customers and reinforce its brand value 
 
 
 
Retailing 
selling products 
 
 
 
trademarks 
symbols, designs, or words used by producers to identify goods or services 
 
 
 
cultural imperialism 
Businesses in some countr...
Preview 2 out of 9 pages
Add to cartTouchpoints 
all of the opportunities that a company has to connect with its customers and reinforce its brand value 
 
 
 
Retailing 
selling products 
 
 
 
trademarks 
symbols, designs, or words used by producers to identify goods or services 
 
 
 
cultural imperialism 
Businesses in some countr...
1x sold
An employer may be liable for an employee's tort when the employee's actions occur... 
 
- Within normal operating hours. 
- Under emotional stress. 
- Within the scope of his/her employment. 
- Without the employer's knowledge. 
Within the scope of his/her employment 
 
 
 
Loggins Forestry and ...
Preview 3 out of 28 pages
Add to cartAn employer may be liable for an employee's tort when the employee's actions occur... 
 
- Within normal operating hours. 
- Under emotional stress. 
- Within the scope of his/her employment. 
- Without the employer's knowledge. 
Within the scope of his/her employment 
 
 
 
Loggins Forestry and ...
Franchise 
a contractual agreement between a 
parent company and a franchisee to distribute goods and services 
 
 
 
Corporation 
a form of business ownership that is owned by stockholders who 
have purchased units or shares of the company 
 
 
 
Elastic Demand 
demand that changes according to cha...
Preview 2 out of 12 pages
Add to cartFranchise 
a contractual agreement between a 
parent company and a franchisee to distribute goods and services 
 
 
 
Corporation 
a form of business ownership that is owned by stockholders who 
have purchased units or shares of the company 
 
 
 
Elastic Demand 
demand that changes according to cha...
Sovereign Community 
A legal concept stating that the courts in a country represent the country's laws, and their decisions cannot be reversed by the decision of courts in other countries. 
 
Legal concept that affects foreign countries 
 
 
 
Eminent Domain 
the right of a government or its agent ...
Preview 2 out of 7 pages
Add to cartSovereign Community 
A legal concept stating that the courts in a country represent the country's laws, and their decisions cannot be reversed by the decision of courts in other countries. 
 
Legal concept that affects foreign countries 
 
 
 
Eminent Domain 
the right of a government or its agent ...
A business that fails to protect its employees from unnecessary risk or health hazards on the job may be 
sued for 
A. incompetence. 
B. misrepresentation. 
C. libel. 
D. negligence. 
D. negligence 
 
 
 
misrepresentation 
involves making unrealistic claims about products. 
 
 
 
libel 
making fals...
Preview 1 out of 4 pages
Add to cartA business that fails to protect its employees from unnecessary risk or health hazards on the job may be 
sued for 
A. incompetence. 
B. misrepresentation. 
C. libel. 
D. negligence. 
D. negligence 
 
 
 
misrepresentation 
involves making unrealistic claims about products. 
 
 
 
libel 
making fals...
Brix Beauty Salon used a celebrity's name and photograph in a recent newspaper advertisement, even though the celebrity had not given Brix permission to use her name and likeness. What tort did Brix Beauty Salon commit? 
A. Defamation 
B. Wrongful interference 
C. Appropriation 
D. Conversion 
C. A...
Preview 3 out of 23 pages
Add to cartBrix Beauty Salon used a celebrity's name and photograph in a recent newspaper advertisement, even though the celebrity had not given Brix permission to use her name and likeness. What tort did Brix Beauty Salon commit? 
A. Defamation 
B. Wrongful interference 
C. Appropriation 
D. Conversion 
C. A...
Retailer 
A business that buys goods and sells them to the final consumer. 
 
 
 
Wholesaler 
Intermediaries who buy goods from producers or agents and resell them to other businesses 
 
 
 
Agents 
Intermediaries who assist in the sale of goods but do not take title to them 
 
 
 
Producers 
grower...
Preview 1 out of 3 pages
Add to cartRetailer 
A business that buys goods and sells them to the final consumer. 
 
 
 
Wholesaler 
Intermediaries who buy goods from producers or agents and resell them to other businesses 
 
 
 
Agents 
Intermediaries who assist in the sale of goods but do not take title to them 
 
 
 
Producers 
grower...
consumer questionnaires, surveys, and direct interviews are all forms of data collection used in the____function of marketing. 
Information management 
 
 
 
A traditional ordering system typically begins with 
The business gathering sales data and inventory information 
 
 
 
what type of accountin...
Preview 2 out of 10 pages
Add to cartconsumer questionnaires, surveys, and direct interviews are all forms of data collection used in the____function of marketing. 
Information management 
 
 
 
A traditional ordering system typically begins with 
The business gathering sales data and inventory information 
 
 
 
what type of accountin...
A developer proposed a technological improvement to a product you sell. In his proposal, he tells you this improvement betters the product because it makes it safer for the customer to use it. Because of this, customer injuries should decrease. He tells you the value added to the product because of ...
Preview 2 out of 10 pages
Add to cartA developer proposed a technological improvement to a product you sell. In his proposal, he tells you this improvement betters the product because it makes it safer for the customer to use it. Because of this, customer injuries should decrease. He tells you the value added to the product because of ...
One business promising to do something for another business in return for receiving compensation is an example of a 
Contract 
 
 
 
When an agent legally acts in the best interests of his/her client, the agent is establishing a(n) __________ relationship. 
Fiduciary 
 
 
 
Principal is another word...
Preview 2 out of 10 pages
Add to cartOne business promising to do something for another business in return for receiving compensation is an example of a 
Contract 
 
 
 
When an agent legally acts in the best interests of his/her client, the agent is establishing a(n) __________ relationship. 
Fiduciary 
 
 
 
Principal is another word...
c 
1. the business agreement under which a business distributes the goods or services of a parent company is called 
a. partnership 
b. corporation 
c. franchise 
d. proprietorship 
 
 
 
c 
2. what is an effective technique for employees to use to extract relevant information from written materials...
Preview 3 out of 23 pages
Add to cartc 
1. the business agreement under which a business distributes the goods or services of a parent company is called 
a. partnership 
b. corporation 
c. franchise 
d. proprietorship 
 
 
 
c 
2. what is an effective technique for employees to use to extract relevant information from written materials...
Business ethics involve considering issues about what is.. 
right and wrong 
 
 
 
Integrity is one of the most important traits for ethical leaders to develop because it.. 
is the foundation for other ethnic principles 
 
 
 
Which of the following is an internal factor that affects a business's s...
Preview 1 out of 3 pages
Add to cartBusiness ethics involve considering issues about what is.. 
right and wrong 
 
 
 
Integrity is one of the most important traits for ethical leaders to develop because it.. 
is the foundation for other ethnic principles 
 
 
 
Which of the following is an internal factor that affects a business's s...
A basic principle of procedural due process involves ___________ before taking action. 
Providing notice 
 
 
 
A manufacturer that has 65% of the market share is pressuring its wholesalers to sign an agreement stating that they will not sell competing products. In this situation, the agreement is i...
Preview 1 out of 3 pages
Add to cartA basic principle of procedural due process involves ___________ before taking action. 
Providing notice 
 
 
 
A manufacturer that has 65% of the market share is pressuring its wholesalers to sign an agreement stating that they will not sell competing products. In this situation, the agreement is i...
Limited liability is a characteristic of what form of business ownership? 
A. Sole proprietorship 
B. Partnership 
C. Corporation 
D. Joint proprietorship 
C. Corporation 
 
 
 
Where are you most likely to read relevant, valid information about federal legislation such as copyright 
law? 
A. Online...
Preview 3 out of 23 pages
Add to cartLimited liability is a characteristic of what form of business ownership? 
A. Sole proprietorship 
B. Partnership 
C. Corporation 
D. Joint proprietorship 
C. Corporation 
 
 
 
Where are you most likely to read relevant, valid information about federal legislation such as copyright 
law? 
A. Online...
debtor-creditor relationship 
A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. 
 
 
 
affinity fraud 
- Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic co...
Preview 2 out of 12 pages
Add to cartdebtor-creditor relationship 
A debtor is someone who owes a financial obligation (a "debt") to another, known as the creditor. Interest must be charged. 
 
 
 
affinity fraud 
- Affinity fraud refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic co...
Exclusive Distribution 
Situation where suppliers and distributors enter into an exclusive agreement that only allows the named distributor to sell a specific product. 
 
 
 
Electronic Data Interchange (EDI) Systems 
The electronic interchange of business information using a standardized format; a ...
Preview 2 out of 9 pages
Add to cartExclusive Distribution 
Situation where suppliers and distributors enter into an exclusive agreement that only allows the named distributor to sell a specific product. 
 
 
 
Electronic Data Interchange (EDI) Systems 
The electronic interchange of business information using a standardized format; a ...
analytics 
extensive use of mathematics, statistics, and the use of descriptive techniques and predictive models to gain valuable knowledge from data 
 
 
 
buzz marketing 
a viral type of technique that is focused on maximizing the word-of-mouth potential of a particular campaign or product 
 
 
 
...
Preview 2 out of 9 pages
Add to cartanalytics 
extensive use of mathematics, statistics, and the use of descriptive techniques and predictive models to gain valuable knowledge from data 
 
 
 
buzz marketing 
a viral type of technique that is focused on maximizing the word-of-mouth potential of a particular campaign or product 
 
 
 
...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller YANCHY. Stuvia facilitates payment to the seller.
No, you only buy these notes for £49.12. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
75759 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now