Deca exa - Study guides, Class notes & Summaries

DECA ENTREPRENEURSHIP EXAM STUDY GUIDE, QUESTIONS WITH CORRECT R ANSWERS LATEST 2023 GRADED A+. Fledging - A business that is struggling or in the early stages Assets - Anything that creates value to an entity Liability - Anything that takes value away from an entity Outsourcing - obtain (goods or a service) from an outside or foreign supplier, especially in place of an internal source. Business Incubator - local programs designed to provide low-cost shared business facilities to small st...

Hospitality and Tourism DECA Exam Questions With Answers As a primary source of law, federal statutes are enacted by... A. administrative agencies B. the U.S. supreme court C. The U.S. congress D. the House of Representatives C A restaurant wants to open a second location, but it doesn't have the necessary money to do so. However, it is able to borrow money from a ___ to open the new facility... A. creditor B. debtor C. borrower D. wholesaler A David and Ella are in busines...

Hospitality and Tourism DECA Exam Questions With Answers a.m. room status report A report detailing the status of each room, created by a housekeeping supervisor from section housekeepers' reports, usually created by noon. accessibility The ease with which guests can enter, leave, and utilize a property, also applies to the ability of guests in wheelchairs or needing other assistance to utilize a facility. adjoining rooms Two hotel rooms that are located next to each other, but no...

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 for client What do business owners consider when they select a business ownership structure? Personal circumstances, financial needs, and the type of business When businesses want to ...

Hospitality and Tourism DECA Exam Questions With Answers As a primary source of law, federal statutes are enacted by... A. administrative agencies B. the U.S. supreme court C. The U.S. congress D. the House of Representatives C A restaurant wants to open a second location, but it doesn't have the necessary money to do so. However, it is able to borrow money from a ___ to open the new facility... A. creditor B. debtor C. borrower D. wholesaler A David and Ella are in busines...

Hospitality and Tourism DECA Exam Questions With Answers As a primary source of law, federal statutes are enacted by... A. administrative agencies B. the U.S. supreme court C. The U.S. congress D. the House of Representatives C A restaurant wants to open a second location, but it doesn't have the necessary money to do so. However, it is able to borrow money from a ___ to open the new facility... A. creditor B. debtor C. borrower D. wholesaler A David and Ella are in busines...

Hospitality and Tourism DECA Exam Questions With Answers As a primary source of law, federal statutes are enacted by... A. administrative agencies B. the U.S. supreme court C. The U.S. congress D. the House of Representatives C A restaurant wants to open a second location, but it doesn't have the necessary money to do so. However, it is able to borrow money from a ___ to open the new facility... A. creditor B. debtor C. borrower D. wholesaler A David and Ella are in busines...

Sovereign Community - Answer-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 - Answer-the right of a government or its agent to take away private property for public use, with payment of compensation. Absolute privilege - Answer-An absolute defense to an otherwise defamatory statement because of the venue or con...

DECA Exam Questions with All Correct Answers promotion - Answer-any activity that helps in the exposure or sale of a product product promotion - Answer-promotional method used by business to convince prospects to select their goods or services instead of a competitors brand institutional promotion - Answer-a promotional method used to create a favorable image for a business, help it advocate for change or take a stand on trade or community issues promotional mix - Answer-the cost effe...

For the long-term success of the business, Stacey's Steamers has decided to add a self-serve laundromat. Which describes the business activity Stacey's Steamers is likely involved in? a) Organizing itself for meeting its objectives b) Establishing a system for retrieving information c) Promoting its new service to potential customers d) Determining what will put it in reach of its goals - Answer- d) Determining what will put it in reach of its goals Effective corporate branding involv...