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DECA Business Administration Core Exam questions well answered to pass
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DECA Business Administration Core Exam questions well answered to pass
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DECA Business Administration CoreExam questions well answered to pass
Franchise - correct answer ✔✔a contractual agreement between a
parent company and a franchisee to distribute goods and services
Corporation - correct answer ✔✔a form of business ownership that is owned by stockholders who
have purchased units or shares of the company
Elastic Demand - correct answer ✔✔demand that changes according to changes in price
Inelastic Demand - correct answer ✔✔demand that is not affected by changes in price.
Unitary Demand - correct answer ✔✔when sales remain the
same because changes in supply and demand are equal
Tort - correct answer ✔✔a private wrongdoing that potentially harms another person or entity
Doctrine of Sovereign Immunity - correct answer ✔✔the universally accepted principle that each nation
has the right to manage its own government and develop
its own laws.
Job Enlargement - correct answer ✔✔combining different tasks into one position
Job Rotation - correct answer ✔✔moving from one job to another job within an organization
Specialization by Trade - correct answer ✔✔the type of work that a person performs in order to earn a
living, such as engineering, public-relations, or accounting.
, Frictional Unemployment - correct answer ✔✔occurs because there are always workers who are in
transition
Structural Unemployment - correct answer ✔✔when the demand for certain types of workers declines
and is often due to technology advancements and the need for new skills
Cyclical Employment - correct answer ✔✔result of changes in the economic and business cycles
Wage Garnishments - correct answer ✔✔court-ordered initiatives that involve taking income taken from
an employee's salary and submitting it to another person or organization
Embezzlement - correct answer ✔✔theft of valuables that have been entrusted to another's care
Securities Fraud - correct answer ✔✔the use of misleading sales tactics to persuade investors to
purchase securities
Espionage - correct answer ✔✔revealing confidential information without the source or owner's
permission and is often associated with spying
Variety-seeking Buying Behavior - correct answer ✔✔involves the purchase of routine items
Brand-insistence Buying Behavior - correct answer ✔✔buyer will not buy anything other than a specific
brand or product
Automation - correct answer ✔✔involves the use of machines to carry out production tasks
Ergonomics - correct answer ✔✔the study of the use of equipment or technology and
its effects on workers' physical well-being
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