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DECA Marketing 1 Flashcards | StudBud
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DECA Marketing 1
DECA Marketing 1
20 terms
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StudBud Administration
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12 plays
Marketing, High School
Flashcards
20 cards
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Practice quiz
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Host live
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Questions
20
Answers
1
A business selling used books online to college kids is what type of market?
Open Market
Niche Market
Black Market
Traditional Market
2
This picture by Listerine is a(n)
Mission Statement
Consumer Relationship
Annual Report
Advertisement
3
Buying insurance is one way that businesses manage:
Injury
Coverage
Risk
Damage
4
True or False? A country's reported GDP accounts for black market activity.
True
False
5
After work, Bob went to the gas station and bought a magazine and lottery tickets. These are
Literary Devices
Marketing Devices
Economic Wants
Economic Needs
6
Which is the correct equation for equity?
assets + liabilities
assets * liabilities
assets / liabilities
assets - liabilities
7
Which type of business is owned by one person or a married couple?
Sole Proprietorship
Corporation
Cooperative
Partnership
8
The Four P's of Marketing are Price, Product, Place, and
Process
Patience
People
Promotion
9
Bill is now an accountant. He wants to keep the company in compliance, and should look to the
Generally Accepted Accounting Principles (GAAP)
Employee Handbook
Human Resources Department
Notes of his old college class
10
It's important for hotel employees to wear disposable gloves while emptying trash cans to
Prevent damage to the floors and furniture
Reduce the risk of inhaling dangerous fumes
Avoid direct contact with sharp objects and bacteria
Decrease the risk of security breaches
11
What weighs more a pound of bricks or a pound of feathers
How should I know
Bricks
Feathers
Same
12
There are four parts to a SWOT analysis. Which is the positive, external factor?
Strengths
Weaknesses
Threats
Opportunities
13
Bob knows he has to pay rent, heat, and electric every month. These are examples of
Government Expenses
Survival Expenses
Fixed Expenses
Variable Expenses
14
The yen, peso, and euro are types of
money
stock
bonds
dollars
15
Linda's business bought 25 hats for $500. The cost per hat was
$20
$10
$15
$5
16
What kind of economy do most developed countries use?
Mixed Economy
Command Economy
Traditional Economy
Market Economy
17
Linda offers to take her new coworker out to lunch, because she wants him to feel comfortable.
Linda is demonstrating sympathy.
Linda is demonstrating good time management,
Linda is demonstrating tact.
Linda is demonstrating judgement.
18
Which types of laws protect consumers from monopolies?
Antitrust Laws
Option Laws
Civil Laws
Criminal Laws
19
Robert needs to fire an employee but doesn't know how. He should
Fire him at his desk
Call Bill privately into his office
Cry as a sign of sympathy
First find Bill another job
20
Which is NOT a characteristic of a successful salesperson?
Approachable
Short-tempered
Competent
Clear voice