Exam (elaborations)
DECA ENTREPRENEURSHIP ONLINE EXAM QUESTIONS & ANSWERS 2025 GRADED A+
- Course
- Institution
DECA ENTREPRENEURSHIP ONLINE EXAM QUESTIONS & ANSWERS 2025 GRADED A+
[Show more]
Content preview
DECA ENTREPRENEURSHIP ONLINE EXAMQUESTIONS & ANSWERS 2025 GRADED A+
One of the most common ways for a business to obtain working capital is to
apply for a __________ loan.
long-term
guaranteed
mortgage
short-term Answer - short-term
To do the most effective job of selecting a new employee, the business's first
step should be to
conduct a job analysis.
conduct interviews.
take applications.
review resumes. Answer - conduct a job analysis
When marketers sort customers psychographically, they divide them by
level of education.
lifestyle habits.
likable traits.
loyalty to a brand. Answer - lifestyle habits
Which of the following is a benefit of promotion:
Increased customer loyalty
, Increased costs
Decreased sales
Decreased employment opportunities Answer - increased customer loyalty
Before a business owner decides to hire a new salesperson, they must first
consider the demand for the business's product.
obtain application forms from the government.
ask current employees to increase their workloads.
limit other employees' hours. Answer - consider the demand for the business's
product
Which of the following is an example of transparency in corporate governance:
Releasing financial documents only if pressured to by shareholders
Embellishing or exaggerating company success to shareholders
Promptly disclosing financial information to shareholders
Communicating goals and strategies to top management only Answer -
promptly disclosing financial information to shareholders
Landon started a furniture manufacturing company several years ago and is
considering expanding his product line to attract new customers. Landon is
currently evaluating the company's existing resources to determine ways that
he can apply his current capabilities to new product opportunities. What type
of analysis is Landon conducting?
External-focus
Inside-out
Competitive
Cultural Answer - inside-out
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
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!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
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.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller EvaTee. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
65646 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 15 years now