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Highschool DECA Marketing Cluster Exam 2020 Flashcards | StudBud
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Highschool DECA Marketing Cluster Exam 2020
Highschool DECA Marketing Cluster Exam 2020
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1
The Microsoft Corporation generated $51.12 billion in revenue in 2007. This is an example of
factual information
inconclusive evidence
unwarranted criticism
current data
2
One reason it is important for marketing professionals to follow ethical standards is to
remove the risk of uncontrolled competition in the marketplace
build positive relationships with other individuals and businesses
improve working conditions and financial security
prevent unnecessary changes in the business environment
3
Amber notices that Ryan is frowning, his face is red, and he is pushing his hair back. Based on this, Amber assumes
Ryan is bored
Ryan is patient
Ryan is enthusiastic
Ryan is frustrated
4
The set of computer programs that manages the hardware and software of a computer is the
transfer protocol
electronic resource
digital connection
operating system
5
Which marketing function helps businesses answer questions like, “Who are our customers?” and “Where are they located?”
Pricing
Promotion
Marketing-information management
Product/Service management
6
One of DJ's IT jobs is keeping up copiers. A copier is being swapped soon. What should he do to protect info on copiers?
Remove/overwrite the copier's hard drive himself to make sure info is safe
Talk to the copier's maker to find options to remove/overwrite the drive
DJ doesn't need to do anything; the copier's maker will protect info
Delete all files/print jobs that appear on the copier screen under "recent"
7
Smith Co. wants to select a representative group of consumers to survey. What part of marketing research is it doing?
Observation
Experimentation
Analyzing
Sampling
8
For which of the following can a sales forecast predict sales:
The marginal utility
A specific geographic area
The jury of executive opinion
A situation analysis
9
Electronic billing, purchase-order verification, bar-code technology, and image processing are examples of
vertical channel integration
integrated data between channel members
horizontal channel integration
functions of the finance department
10
The following is written on the back of a check: “For deposit only; Maria Evans; Account #285655.” This is an example of
an open endorsement
a congruent endorsement
a general endorsement
a restrictive endorsement
11
Which of the following statements is true regarding the regulation of promotional activities:
Gov. restrictions in regard to promotional activities vary by country
Consumer groups have little influence with the gov. about ad legislation
Control of promo activities applies only to TV, radio, and newspaper venue
World laws make it hard for patrons to sue big companies for unfair ad work
12
What is an advantage of verbal communication?
You use passive listening skills to understand the message
People must see you to understand the intent of your message
Tone of voice can be used to express emotions and thoughts
It focuses on facial expressions instead of words to express enthusiasm
13
Interest rates rising and falling by a wide range on a regular basis often are an indication of
price equilibrium
economic instability
flexible capital
seasonal unemployment
14
What often increases when a person continually resists change or fails to adapt to new circumstances?
Inability to use logic
Sense of accomplishment
Feelings of contentment
Levels of stress
15
The purpose of a company's operations function is to manage its
day-to-day activities
long-term goals
employees
communications
16
A researcher is asking a customer a questions during a meeting. What method are they using to collect marketing data?
the relational method
the interview method
the contact method
the observation method
17
Which of the following describes an ethical privacy policy:
It puts the interests of the company over those of the customer
It includes automatically sending email promotions to customers
It tries to hide information about data collection processes
It includes a system to protect customers in the event of a data breach
18
Which of the following should you do when preparing your letter of application:
Mention any mutual contacts you have
Proofread quickly so you can send the letter sooner
Repeat everything that is on your résumé
Write a letter that is at least one page long
19
Alex's budget contains two categories for expenses. She should put her mortgage, her car insurance, and her utilities in
gross expenses category
variable expenses category
fixed expenses category
net expenses category
20
Coca-Cola's "Always the real thing" campaign is an example of what type of promotion?
Company
Service
Product
Taste
21
Coca-Cola, General Mills, and Pillsbury are examples of
unprotected brands
private brands
generic brands
national brands
22
The HR manager tells all employees they need to park on the street on Tuesday so the parking lot can be fixed. This is
An example of a business proposal
An example of an informational message
An example of a formal inquiry
An example of a projection report
23
Legal protection of an invention or a process granted by the government to its owners for a certain number of years is a
copyright
license
trademark
patent
24
Which is a reason why the ethical and legal issues involved in selling activities are extremely important:
Sellers must understand how to criticize competitors
Sales staff must know when they can legally bend the truth
Buyers avoid doing business with unethical salespeople
Sales managers are not responsible for what the sales staff does
25
Income from sales, cost of goods sold, gross profit on sales, operating expenses, and net profit or loss are all part of
a sales budget
an income statement
a marketing plan
a balance sheet
26
Saving the money that you might ordinarily spend each day on a cup of coffee and a donut
can help you achieve larger financial goals
is the sacrifice you must make for future financial security
is not a practical step in reaching your financial goals
will not result in significant savings
27
Which of the following types of business organizations reduces or limits the risk of its stockholders:
Corporation
Franchise
Sole proprietorship
Partnership
28
A bar wants new menu items. A host sees clients ask for vegan food, so they add it. What idea-generation plan is used?
Brainstorming
Customers
Trend research
Observation
29
Which of the following is a true statement about the benefit of having a safe workplace:
Bodily injuries are decreased
Productivity is decreased
Insurance claims are increased
Financial expense is increased
30
Businesses need to identify their markets in order to
reach goals and satisfy customers
be sure to appeal to all consumers
improve their research methods
control the costs of production
31
Which of the following is a true statement about how technology affects the external business environment:
Businesses must look for updated technology all the time
Technology is the main way to compete with other businesses
Certain target markets do not use technological products
Not all businesses are affected by technology
32
Business ethics involve considering issues about what is
safe and unsafe
legal and illegal
positive and negative
right and wrong
33
Which of the following is an internal factor that affects a business's selling policies:
Customers' wants
Government regulations
Primary competitors
Financial resources
34
What is an indirect mechanical-observation method that businesses use to get correct info about products customers buy?
Point-of-sale scanners
Comment cards
Manual equipment
Sound-wave meters
35
TJ's car is deemed void after the BBB stepped in as it needed regular repair for the 1st year of it's life. This is
an example of arbitron
an example of automation
an example of attrition
an example of arbitration
36
Which of the following is a way in which technology has changed the way businesses operate:
Entering new and foreign markets has become more complex
The nature of marketing has remained relatively the same
Employees are sometimes able to do their work from home
Productivity has decreased, and costs have increased
37
It is most appropriate for business people to use complex, technical jargon when they are
speaking with coworkers
informally conversing with an acquaintance
greeting new customers
introducing a friend to a business associate
38
Before selecting the right people to work on a project, it is important to identify the
tangible resources
needed skills
required supplies
physical facilities
39
Which action is the most likely action that the gov. does when people miss deadlines for filing their income tax returns
Penalty
Extension
Refund
Allowance
40
A company spends $5,000 on decor instead of putting money towards the marketing budget. What is the opportunity cost?
Lost benefits of new decor
Lost benefits of additional marketing
Office decor
$5,000
41
This appeared on a survey: "Do you agree the gov. wastes taxpayer money by supporting unnecessary programs?" This is an
example of unstated alternative
example of open-ended inquiry
example of indifferent statement
example of leading question
42
Which of the following would probably use a longer channel of distribution than the others:
A printing press
A bottle of shampoo
An airplane
A bag of oranges
43
An important public relations activity in business involves giving public relations advice to
management
the media
the public
government
44
Each pay period, Ken has his employer use direct deposit so the funds are available for use when he needs it.
money is functioning as a form of cash
money is functioning as a store of value
money is functioning as a medium of exchange
money is functioning as a unit of measure
45
A depression is characterized by which of the following:
Increased consumer spending
Rapidly rising GDP
High unemployment
Fewer bankruptcies
46
A producer can minimize channel conflict among its distributors and retailers by
selling its items directly to the end users
requesting that the channel members carry only its brand
establishing slotting fees for certain channels
offering different products through each channel
47
Which advertising medium offers the advantage of locating the promotional message near the point of purchase?
Newspapers
Billboards
Television
Direct mail
48
One way that advances in technology helps businesses keep existing products out and extend their life cycle is by
minimizing inventory
improving performance
demonstrating creativity
attracting attention
49
Inventory reduction, sales stimulation, and new-product introduction are reasons that many businesses use
dual-sponsorship techniques
capital-investment techniques
stock-turn techniques
product-bundling techniques
50
George thinks his culture is superior to all other cultures. This is known as
ethnocentrism
stereotyping
collectivism
individualism
51
The data needed for sales volume analyses and market share analyses come from
expense reports
company sales reports
sales invoices
customer records
52
Integrity is one of the most important traits for ethical leaders to develop because it
is the foundation for other ethical principles
ensures they will avoid ethical dilemmas
challenges leaders to be more confident
builds consistency in difficult situations
53
Bob applies for a loan from a bank but is denied. This is because Bob believes in a religion that the manager dislikes.
The bank violated Bob's right to proper notice of rejection
The bank violated Bob's right to a guaranteed credit line
The bank violated Bob's right to equal credit opportunity
The bank violated Bob's right to practice his religion
54
When developing a computer-based presentation, it is important that each slide contain
creative transitions
key points
numerical data
colorful graphics
55
What quality-control method helps quality by saving time and catching potential issues earlier in the product process
House of quality matrix
Concurrent engineering
Lean production
Pareto
56
Adhering to an established set of personal ethics is referred to as
truth
honesty
deceit
integrity
57
Which of the following is a technology tool that allows a business to observe a customer's Internet activities:
Host
Hyperlink
Cookie
Spam
58
You're giving directions to a group of coworkers, and you want to be sure they do exactly what you say. You should
make the directions challenging
raise your voice
demonstrate the final steps of the directions
give directions in the proper order
59
Which of the following might be considered a violation of employees' privacy in the workplace:
Use of security guards
Use of time clocks
Use of computer passwords
Use of video cameras
60
What does a business need in order to understand why a successful product is suddenly losing popularity?
Sales records
Secondary data
Marketing information
Purchasing documents
61
Which of the following is an example of a salesperson describing a product's construction and materials:
To fit your décor, this product is available in many finishes and colors
Another feature about this item is that it can also be used in several ways
Because the maker uses high-grade materials to make this item, it's premium
Many of my customers have owned & used this product for more than 10 years
62
A firm uses newspaper hype & personal selling to draw patrons & plans a special sales event to gain hype for the opening
This is advertising media
This is product promotion
This is institutional promotion
This is promotion
63
Which of the following is an example of a potential unethical pricing issue as it relates to social responsibility:
A clothing shop deeply discounts goods to cut inventory from prior seasons
An oil company substantially increases gas prices when workers go on strike
A firm raises prices on items to cover costs to add pollution-limits device
A drug firm sells common lifesaving drug at high prices in certain areas
64
A memorandum is typically used for communication that takes place
between friends
infrequently
among competitors
within a business
65
Thinking of a time when you were happy and proud can help you
accept others' feedback regarding your values
determine what values made you feel that way
avoid activities that do not make you happy
find gaps between your behavior and values
66
What does a business's customers recommending the business to their friends exemplify?
Providing a testimonial
Word-of-mouth communication
Verbal assertiveness
One-on-one selling
67
A gov. made a law making businesses to allow workers a 15-min. break every 4 hrs. This law addresses a worker's right to
workplace supervision
form unions
fair treatment
avoid harassment
68
Being enthusiastic about your job is an example of what type of behavior that builds positive working relationships?
Being cooperative
Getting to know others on your work team
Having a good attitude
Demonstrating courtesy and respect
69
What is the first step in the process of leading change?
Ask others to join you in leading the change
Show why the change is necessary
Communicate the change to everyone involved
Put the change into action
70
The entrepreneurs best equipped to work long hours and overcome obstacles are ones who possess
financial knowledge
passion for their work
technological skills
confidence
71
A basic reason for the formation of a trade association is to
find solutions for common problems
provide information for consumers
promote goodwill for an industry
establish a long-term group
72
Ethical dilemmas should be thought of as
emergencies
opportunities
easily avoidable
challenges
73
A project is officially authorized to begin by the
registration documents
project charter
statement of work
Initiation Papers
74
One of the benefits of setting goals that will help you in your relationships with others is that setting goals
helps you stay on task
helps you understand yourself
raises your level of self-esteem
gives you a way to measure your progress
75
Why do businesses want to meet quality standards?
To examine how long it takes to get a job done
To reduce costs
To decrease profit
To determine how much work must be done
76
What synthetics technique compares a problem with something else that is unrelated?
Deliberate allegories
Arbitrary metaphors
Forced analogies
Discretionary comparisons
77
What information could a salesperson obtain by examining a product?
Texture
Price
Value
Care
78
When your level of self-esteem is low, this causes you to have
doubts about yourself
confidence in your ability
appreciation of life
difficulty with visualization
79
Which of the following is a common consequence for violating rules of conduct:
Criminal charges
Increased compensation
Written warning
Promotion
80
Which area of promotion will pricing affect?
Where the product is offered
Advertising budget
Materials used in production
Choice of transportation channels
81
Two similar brand promises may be carried out differently depending on their
slogans
business environments
types of packaging
logos
82
Which of the following is a common product-related complaint:
Incorrect size
Poor service
Pressure selling
Reduced price
83
Most marketers cannot expect to maintain their profit rates unless they
form venture teams to assist with product/service management
test-market new products
allow products to move through the product life cycle
introduce new products from time to time
84
Would a successful business ever change its marketing strategy?
Yes, changes in the marketplace require changes in marketing strategy.
No, once a business has a workable strategy, it should always be used.
No, changing marketing strategies is a complicated process.
Yes, a business should have no more than two marketing strategies.
85
Why is it inappropriate for Jo to post job position info and his manager's personal info on his personal social media?
It's unprofessional to post company employment info on a personal site
It could give Jo's friends an unfair advantage over other job candidates
Jo is using his company's image to increase his number of social contacts
Jo is using inside knowledge to appear more important on his social sites
86
Office Co. got a contract to supply equipment to schools. What does the company need to effectively supply the contract?
Outputs
Inputs
Products
Supplies
87
After Lee helps her customer pick a shirt, she asks her how she will pay. This is which part of the selling process?
Prescribing solutions to needs
Establishing relationships with customers
Discovering client needs
Reaching closure
88
Jamie is constantly going from obligation to obligation, without free time, and feels like he's behind on work. Jamie is
a procrastinator
over committed
bad at time management
a perfectionist
89
Which of the following examples depicts an advantage of using digital advertising:
Ethan uses ad-blocking software so he can stream videos commercial-free
Digital ads are more expensive than television advertisements
Viewers must interact with a video ad before continuing to a website
Conversion rates of banner ads are more difficult to measure than in print
90
Dave is building a new website. Which of the following does he need to register to obtain a web address for his site:
Site builder
Street address
Web host
Domain name
91
A business that effectively coordinates channel management with marketing activities is more likely to provide
flexible credit terms
Attractive product displays
free delivery
good customer service
92
Which of the following helps in the interpretation of mined data:
Visual representation
Databases
Spreadsheets
Clustering
93
When filing a tort against a business, the plaintiff must establish that the defendant
conspired with a competitor
breached the duty of care
violated the doctrine of sovereign immunity
damaged property intentionally
94
Rhonda is doing research for a paper in her business class. She should use sources that
could be considered propaganda
emotionally present one side of an issue
were written by authors who are reputable
are no more than 20 years old
95
Companies spend time and money developing positive organizational cultures because positive culture connects with
employee turnover
improved results
stock market increases
company failure
96
Businesses that carry a considerable assortment of goods but only one or a few related product lines are
service businesses
limited-line businesses
discount businesses
specialty businesses
97
Managers & researchers have formalized their decisions into statements of what marketing research will achieve, known as
a decision problem
a research objective
a relevant variable
a research problem
98
A department store sells clothing from brands like Levi's, but it also sells its own brands of clothing, also known as
value brands
corporate brands
business brands
distributor brands
99
When checking risks associated with nearing events, sport/event groups should get input from all management and
public relations agencies
local personnel inspectors
financial consultants
vertical staff members
100
Luke, a business owner, just hired an employee. What is one thing he should do on the employee's first day?
Let the employee work on small jobs for a few days so they can ease into it
Give the employee with all details of every project they will be working on
Assign the employee a mentor who can answer questions they may have
Start the employee right away so that they becomes accustomed to their job