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deca pt 3
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150 Terms
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1
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Which of the following activities is the primary responsibility of the U.S. judicial system:
Applies the laws.
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John loves sports and would like to own his own sporting goods business. He has set aside some money
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for investment but has very little time for the day -to-day operations of a business. What type of business
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ownership would you recommend?
Corporation.
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Which of the following products would likely use an exclusive distribution pattern:
A large piece of farm machinery.
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Which of the following is the most common channel of distribution for consumer goods:
Manufacturer
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Using coercive power in distribution channel relationships is illegal in the United States if it
...Restricts competition
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When coordinating marketing activities, it is important for all distribution channel members to understand
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their roles in the supply chain and to
...Communicate clearly
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What is an effective technique for employees to use to extract relevant information from written
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materials?
...Take notes while reading
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Which of the following is a communication technique that supports and encourages a speaker:
...Active listening
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In order for an employee to follow directions s/he is being given about how to do a new job properly, the
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employee must
...Focus on the message's content
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To enunciate when speaking to customers means to
...Pronounce words clearly.
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Paul is responding to an inquiry he received in the mail. His response includes some good news and
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some bad news. How should he structure his response in light of the bad news?
...Place the good news at the beginning and the bad news in secondary position(s)
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When you ask questions in an open -minded way, you avoid
...Attacking someone else's idea.
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When writing e-mail messages to businesspeople, it is best to avoid using
...Initialisms.
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Employees often use simple written reports to provide managers with \__________ information.
...Routine
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What might a business lose if an advertisement attracted new customers, but they were greeted by a
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discourteous employee?
...Repeat business.
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What kind of customer would make the following statement: "Why are you always moving everything
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around? You really make it hard for me to find what I want."
...Disagreeable
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Carpeting had been installed in Karl's living room and den on Friday afternoon. The next day, he noticed
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that along one wall, the carpeting was not laid properly. Karl called the installer to have the problem
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corrected. The carpet installer should first
...Listen to Karl and see the problem through his eyes.
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Dry cleaning is an example of a(n)
...Economic service.
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When goods or services are made more useful to consumers, the goods and services have added
...Utility
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Because the Engel Company takes raw materials and makes products that are useful for consumers, it is
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an example of a
...Manufacturer
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Which of the following has a direct impact on a manager's span of control:
...Number of subordinates
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The economic system in which producers are willing to use resources to create products that consumers
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are willing to buy is known as a \__________ economic system.
...Market.
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Which of the following situations would involve direct competition:
...A new bank opens in a community already served by three banks.
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Which of the following transactions would be counted in the gross domestic product:
...A customer purchases a sweater.
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A high rate of unemployment usually has a negative impact on a country's
...Gross domestic product.
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Jennifer's manager pointed out some areas for improvement in her last performance review. Now, she
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thinks she is a poor employee. This is an example of
...False generalization.
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Katrina is a long-time employee who routinely finishes her assignments ahead of schedule. John, a new
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employee, often stays late to complete his work. As a responsible employee, Katrina should
...Offer to assist John if she can
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One of the characteristics of a positive attitude that is easy to observe is
...A friendly smile.
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Which of the following causes the greatest number of cultural sensitivity issues:
...Communication.
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An effective way to create a desire for others to agree with your ideas is by
...Explaining benefits.
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Which of the following is a basic belief that you must have so you can start to be assertive:
...Your thoughts, feelings, ideas, and opinions are important
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Employees who are able to deal with new situations and changes in the workplace are demonstrating
...Adaptability
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Shari finally finished the major project she'd been working on for months, so she takes the day of f and
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heads to the spa. Which step in developing an achievement orientation does this illustrate?
...Rewarding yourself for your accomplishments
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Human relations can best be described as the study of the ways people
...Form and conduct relationships
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When Matthew receives a check four times a year for income he has earned on his stock investments, he
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is receiving
...Dividends
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The XYZ Company has a financial organization within the business that offers small loans, installment
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credit, and low interest rates to its members. This is an example of a
...Credit union
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Preparing wills and setting up guardianships are types of financial services that often are provided by
...Attorneys
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Mark has decided to hire a financial-services provider to help him plan his long-term financial goals.
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Which of the following should he do first:
...Obtain referrals from trusted friends.
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Business risks that are caused by changes in the market are called \__________ risks.
...Economic.
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Which of the following presents the steps in the accounting process in the correct order:
...Record, organize, summarize
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A business's cash flow statement for one month indicates cash sales of $10,250, credit sales of $3,750,
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loans received of $525, and fixed expenses of $2,800. Calculate the total cash receipts.
...$10,775
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A summarization of the total income and expense of a business for a period of time is called
...The profit-and-loss statement.
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One reason why human resources management is important to the success of a business is because this
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process is responsible for
...Staffing the business
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Which of the following is one way that businesses use marketing information:
...To develop new products.
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A marketing -information management system can help businesses to
...Discover new markets
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The Internet gives marketing-information managers the ability to search for data in
...Remote locations
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Kelli accesses a professional association's web site to review information about employment trends in a
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specific industry. What type of research is Kelli obtaining?
...Secondary
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Which of the following is an example of a method that marketers use to conduct causal research:
...Experiments
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Marketing businesses use the information from sales representatives to make decisions. One type of
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report that details a sales representative's planned sales calls and routes for an upcoming week or month
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is a(n) \__________ report.
...Activity
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What is a common method of collecting research data that often involves the use of questionnaires?
...Mail survey
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What type of data do descriptive statistics summarize?
...Sample
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What should researchers consider when evaluating the design of questionnaires?
...Types of questions
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One way for a marketing researche r to determine if online journals and articles are up -to-date is by
...Locating the publication date
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The most immediate impact of the marketing function is its relation to
...Offering a variety of goods and services
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When Ken Ditioner, owner of Shine Shampoo, considers how to package the items he produces, he is
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making a \__________ decision.
...Product
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If you were trying to convince someone to use quantitative sales forecasting, which of the following
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factors would you stress:
...Factual basis.
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Which of the following is a trend in information management:
...Increased compliance laws and regulations
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A legal issue associated with the use of information might involve the violation of \__________ laws.
...Copyright
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Which of the following is a computer-based time -management tool that helps employees keep track of
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their appointments and activities:
...Electronic task organizer
86
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What is a spreadsheet soft ware program's calculation for next year's operating expenses based on the
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following information: an increase of 5% over current sales of $675,500 a year, and a 3% increase in
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operating expenses that are currently 40% of sales.
...$304,988.25
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What approach to record keeping is Dahlia's business using when it hires a data processing center to
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handle the record keeping for its accounting information?
...Outsourcing the task.
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Which of the following examples illustrates how environmental factors are dynamic:
...High interest rates will eventually get lower
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What is the advantage to businesses of reviewing internal records to obtain information?
...Data are specific to the company
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When operating machinery in the workplace, employees can reduce the risk of injury to themselves and
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damage to the machinery by
...Following the manufacturer's operating instructions
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Which of the following is an example of a security precaution to protect the business from credit-card
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fraud:
...Checking the customer's signature.
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Which of the following is an example of an internal source that Eli can use to develop a project that he
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needs to complete for his supervisor:
...Sales reports
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Which of the following is a benefit of project planning:
...Coordinating all of the parts of the project
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An auto-parts buyer evaluates a new vendor's performance and determines that the vendor didn't follow
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