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DECA Quiz Bowl 1 Flashcards | StudBud
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DECA Quiz Bowl 1
DECA Quiz Bowl 1
20 terms
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StudBud Administration
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DECA Vocabulary Test (A-G)
Flashcards
20 cards
F
Practice quiz
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Host live
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Questions
20
Answers
1
Strategy of keeping a product and its advertising message consistent around the world:
Centralized advertising
Endless chain method
Globalization
Universal advertising
2
Recurring slowdown and growth of an economy:
Demand management
Inflation
Business cycle
Economic patterns
3
Strategy that uses an existing brand name for an improved or new product in the product line:
Brand extension
Brand liscencing
Brand merging
Brand renewal
4
Optional insurance coverage on a basic property coverage policy:
Express warranty
Extended coverage
Extended warranty
Customer insurance
5
Guarantees that if a product is defective within a time, it will be refunded or replaced:
Full warranty
Customer insurance
Express warranty
Implied warranty
6
Matching the characteristics of a product to a customer's needs and wants:
Advertising proof
Endless chain method
Feature-benefit selling
Cooperative advertising
7
Bonus!
What is the national DECA theme for this year?
I Am DECA
Be Epic
Winning is a habit
Energize
8
The path a product takes from producer or manufacturer to final user:
Delivery route
Channel of distribution
DBA
Product lifespan
9
Statistics that describe a population in terms of personal characteristics:
Customization
Demographics
Geographics
Customer profile
10
A partial return of the sale price for merchandise that the customer has kept:
Credit
Allowance
Rebate
Collateral
11
A proposal that describes a new business to potential investors and lenders:
Business plan
Business analysis
Marketing plan
Direct close
12
Salesman locates as many potential customers as possible without checking out leads beforehand:
Demographic research
Cold canvassing
Target marketing
Customer profiling
13
Funds raised by borrowing money that will be repaid later:
Investment stake
Start-up loan
Debt capital
Collateral
14
Effort to protect consumer rights by putting legal, moral, and economic pressure on business:
Consumerism
Customer protection
Business regulation
Trust-busting
15
A rough draft that shows the general arrangement and appearance of a finished announcement:
Ad layout
Business analysis
Marketing plan
Business plan
16
The technical term economists use for resources:
Economic assets
Factors of production
Goods
Exports
17
Salespeople ask precious customers for names of potential customers:
Greeting approach method
Business philosophy
Endless chain method
Referral advertising
18
The process individuals use to decide what, where, and who they will but from:
Buying behavior
Free enterprise
Consumerism
Decision buying
19
The money left from a person's gross income after taking out taxes:
Disposable income
Profit
Revenue
Gross revenue
20
The method of asking for the sale:
Direct close
Buying signals
Closing the sale
Potential sale