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