Marketing cluster exam Study guides, Class notes & Summaries

ECA Marketing cluster exam questions and answers already passed 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 process which allows one company to send information to another company electronically rather than with paper. Trading Partners Business entiti...

case law - correct answer primary source of law that is based on previous court decisions duty of care - correct answer basic principle that expects all individuals and businesses to exhibit socially responsible behavior by using caution to prevent harm and by watching out for one another tort - correct answer private wrongdoing that potentially harms another person or entity doctrine of sovereign immunity - correct answer universally accepted principle that each nation has the right to...

DECA MARKETING CLUSTER EXAM 2023 NEW UPDATE WRITTEN QUESTIONS AND ANSWERS

DECA MARKETING CLUSTER EXAM DISTRICT LEVEL PRACTICE TEST|UPDATED&VERIFIED|100% SOLVED|GUARANTEED SUCCESS

DECA MARKETING CLUSTER EXAM STUDY VIEW SOLVED MATERIAL UPDATE WITH COMPLETE QUESTIONS AND ANSWERS

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 process which allows one company to send information to another company electronically rather than with paper. Trading Partners Business entities conducting business electronically.

DECA MARKETING CLUSTER EXAM (HS ICDC)2023 RATED 100% CORRECT!!

One business promising to do something for another business in return for receiving compensation is an example of a A. partnership. C. contract. B. benefit. D. guarantee. C (Contracts are agreements among two or more parties stating that one party is to do something in return for something provided by another party. If one business promises to do something for another business in return for receiving compensation, the two businesses have a contract. Then, the businesses are obligated to f...

DECA MARKETING CLUSTER EXAM|UPDATED&VERIFIED|100% SOLVED|GUARANTEED SUCCESS

A clothing manufacturer build quality into its operating system, placing responsibility on each empylee. This process is known as quality: A.) delivery B.) guarantee C.) assurance D.) inspection C.) assurance Channels of distribution benefit businesses by: A.) lowering the prices of all industrial goods B.) getting their products to consumers more efficiently C.) raising their profits each year D.) allowing them to avoid all channel tasks B.) getting their products to consum...