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DECA practice test answers 100% correct answers
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DECA practice test answers 100% correct answers
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DECA practice test answers 100%correct answers
Which of the following business activities would be most affected by weak economies, pricing pressures,
regulatory changes, and global supply chain disruptions: - correct answer ✔✔International risk
management
Which of the following types of goods do marketers classify according to their uses: - correct answer
✔✔Industrial
Which of the following is a technological tool that a financial institution might use to quantify potential
losses related to investment portfolios: - correct answer ✔✔Risk modeling
Tanner is sending out an online customer satisfaction survey. What technique can he use to ensure he is
protecting customer data? - correct 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 -
correct 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 - correct answer
✔✔production
Which of the following is an action that threatens a company's ability to maintain its trade secrets: -
correct answer ✔✔Reverse engineering
One of the goals of change management is - correct answer ✔✔to obtain buy-in from stakeholders.
How can companies reduce the risk of security breaches caused by inattentive employees? - correct
answer ✔✔Encourage employees to use strong passwords on all devices
, Projects are short-term undertakings that create - correct answer ✔✔unique goods or services.
What occurs during the first stage of the change management life cycle? - correct answer
✔✔Organizations identify and communicate the need for change to employees.
A purpose of effective communication in marketing is to - correct answer ✔✔persuade consumers to
buy.
Which of the following supply chain issues is primarily a result of globalization: - correct 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 - correct 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 finance charges. Jordan bought the sofa using a
__________ credit account. - correct 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 - correct answer ✔✔process
thinking.
Which of the following is an example of an unethical activity that relates to risk management: - correct
answer ✔✔Withholding information from insurance underwriters
Before knowledge can be reused or shared, it must be - correct 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? - correct answer
✔✔$2.50
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