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DECA BTDM Flashcards | StudBud
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DECA BTDM
DECA BTDM
10 terms
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StudBud Administration
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A Quiz quiz for #DECA #business #terms.
Flashcards
10 cards
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Practice quiz
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Questions
10
Answers
1
Definition of Break-Even Point
Reach the set sales goal
To be on par with opponent
An equivalent profit split between 2 or more companies
Revenue is equal to cost
2
When businesses need to formalize the info given to customers, etc. they use ___ communication.
written
lateral
verbal
upward
3
Which of the following is a benefit of channels of distribution:
We spend more time looking for products we want.
Producers must spend more money.
We can more easily obtain products from all over the world.
Retailers must spend more money.
4
Which is a type of simple report written that is usually given to employees within a business:
Memorandum
Handbook
Proposal
Newsletter
5
Which of the following is a leading question:
Mia is a great manager, isn't she?
How was your weekend?
What did you discuss in the meeting?
What are you having for lunch?
6
What is a category killer?
Best-selling product in a retail store
A store that specializes in a particular type of merchandise
7
Businesses rely on marketing information to determine...
what to name their products.
how much to charge for their products.
how intermediaries are performing.
their target markets' needs and wants.
8
Business entity that negotiates, purchases, and/or sells, but does not take title to the goods.
Dealer
Salesman
Agent
Broker
9
Property that a business owns, including cash and receivables, inventory, etc.
Inventory
Benchmark
Resource
Assets
10
What is an Asset Turnover?
To renew assets
To transfer ownership of assets
Sales divided by total assets
