DECA Entrepreneur MC Exam Practice

When identifying a target market, factors such as age, income level, & occupation, are called

In a business plan, entrepreneurs should include what customers they want to attract in the...

Legal concept that affects businesses that operate in foreign countries

Which of the following is an example of transit advertising?

A business' agreement, spoken or unspoken

Often the best source of credit for business start-ups

Potential customers for a good or service

You will have _____ minutes to complete the ______ Question exam

Primary reason of providing customer service is to increase

Process used to identify potential hazards that could threaten company’s livelihood

Marketing to certain groups or individuals you are choosing to market towards is called...

For success in the workplace, employees should have a desire to learn and be willing to

Main reason people become entrepreneurs

The standards of right and wrong based on conduct and morals in a business is referred to as...

Goal of channels of distribution is to move products from producers to...

A business that buys materials, services, or goods which it will use to make other goods

It is important for companies to practice enterprise risk management (ERM) because

Buy goods from producers or agents and sell them to businesses for resale

Defamation is

Which of the following is an example of consideration in a contract?

Tactical Planning is...

Common risk of innovation is...

Strategic Planning is...

A characteristic of a business's current assets that are listed on financial statements is that

Important reason businesses focus on improving quality within the organization

Which of the following is a change in the business environment that start-ups closely monitor?

The MDHS DECA MC test is on

When setting marketing objectives, business should make sure they are