DECA region
Asking questions is important because it
Can clear up misunderstandings
Duane makes sure that as he is interacting with customers he is also actively listening so that he can better respond to their questions and objections. Which characteristic of a successful salesperson does Duane display
Communications skills
Employees who never take company supplies or equipment such as pens or tools for their own use help the business to
Control expenses
A manager evaluates the production output of a department by checking it against the production goals for that time period. This is an example of the ___________ function of management
Controlling
A good way to prioritize your financial goals is to
Assign each goal to a general category
The component of the promotional plan that determines the funds available for promotion is the promotional
Budget
Your supervisor has asked you to prepare a marketing status report for each of the company's six regional offices. The most appropriate way to organize the information is
By site location
Why is it important for hospitality and tourism businesses to be aware of and react to trends and changes in the marketplace
To remain competitive
One reason advertising prescription drugs online might be considered an ethical issue is because the advertisements might persuade customers to
Use drugs they do not need
What should an employee do when he accidentally spills coffee in the tile hallway?
Wipe it up immediately
Cindy's lemonade stand sells lemonade to customers. The route that the lemonade is taking from the producer to the final consumer is
Direct
Which of the following is a true statement about marketing-research studies:
Each marketing-research study is unique
A business can protect its confidential computer information from unauthorized users by
Encrying computer files
Which of the following is one element of a situation analysis
Environmental scanning
Long-term unemployment may affect an individual by
Eroding his/her skills
The main reason many individuals resist change is
Fear
When an agent legally acts in the best interests of his client the agent is establishing a
Fiduciary relationship
One of the basic risks in marketing is the possibility of ___________ loss
Financial
How does increased business productivity benefit consumers?
More goods and services become available, so prices go down
Ensuring that customers have the correct perception of a product is one if the goals of product
Positioning
How can a business build its customers' trust and communicate its commitment to ethical practices?
Publish its confidentiality statement
When trying to persuade others it is often helpful to use stories and anecdotes because they
Reinforce your message
Which if the following expenses should Charlene categorize as a fixed cost
Rent
What type of information is it acceptable to leave out of a job application
Salary requirements
A retailer that over chargers customers for small items at the point of purchase may be engaging in the unethical practice of
Scanner fraud
For most businesses the ultimate goal of using promotion is to
Sell goods and services
One way for businesses to obtain needed information efficiently is to
Access a database
Real market opportunity occurs when
An identified want exists
What are salespeople expected to be able to do in order to sell goods and services to customers?
Answer questions
Which of the following is essential to all marketing research:
Arrcuracy
What type of product information might a salesperson obtain from reading a business's promotional materials
Characteristics
An advantage of newspaper advertising over television and radio promotion is more
Consumer interest in the ads
How has the internet enhanced a business's ability to promote its products
Consumers can access the business's website at any time
One business promising to do something for another business in return for receiving compensation is an example of a
Contract
What is the device that a business's employees use to obtain information about customers who access the business's website?
Cookies
Mike is thinking about expanding his manufacturing business internally. Which of the following is a riah he might encounter
Dealing with cultural and language barriers
Marcy is ready to buy a new computer, and she has saved up enough money to buy the model she wants. Which of the following describes the quantity that Marcy is prepared to buy:
Demand
A memo on the bulletin board from a supervisor to staff members is an example of
Downward communication
Information usually comes in either physical form or ___________ form
Electronic
Molly offers to taker her new coworker out to lunch. She remembers what it was like when she was a new employee two years ago, and she wants to help her new coworker feel comfortable and welcome. What trait is Molly showing towards her new coworker?
Empathy
Which of the following is a reason to avoid drawing distinctions between people:
Everyone is unique
Increasing membership by 25% during the next year might be one of the ____________ of a health club
Goals
How food products can be used generally is determined by their
Grades
When business want to make their products available to customers but do not want to over distribute their goods and services, they are seeking
Ideal market exposure
Which of the following would be done first in an environmental scan
Identifying participants and responsibilities
During periods of economic expansion, businesses are likely to
Increase their production
Which of the following is an example of how building a clientele benefits the business
Increased sales volume
By reading trade journals business professionals can learn about
Industry trends
Which of the following is a use of product promotion
Informing customers about product features
When a customer is willing to purchase only one specific brand this is referred to as brand
Insistence
The differences between service providers and manufacturers operations activities is that service providers produce ____________ outputs
Intangible
An example of a natural resource is
Iron ore
An effective executive summary
Is written for people who won't read the whole document
Why will it benefit you to learn as much as possible about a prospective employer before you go for a job interview?
It prepares you to ask good questions
People with a positive attitude are open-minded, which helps them to
Learn new skills
I can't agree to your terms until I discuss the situation with my manager. This is an example of ___________ negotiating strategy
Limited authority
Many businesspeople are required to take continuing education classes to
Maintain their professional certifications
To protect the integrity of the marketing information they gather, business should avoid
Manipulating the research
A pharmaceutical company fails to warn the public about the possible side affects associated with a new medication. This is an example of a business violating selling regulations through
Misrepresentation
The assortment of merchandise that a firm sells is called its product
Mix
Salespeople who withhold negative product information from customers might be guilty of
Negligence
What do business owners consider when they select a business ownership structure?
Personal circumstances, financial needs, and the type of business
As a result of ongoing product updates and changes businesses must address ethical issues associated with
Planned obsolescence
Ideally, in business, feedback should be
Positive and negative
Which of the following is true about a survey sampling plan
Represents a larger group
Negative word-of-mouth advertising due to unresolved customer complaints can cost a business its
Reputation
Which of the following departments in many buisnesses is responsible for generating product ideas
Research and development
Whichof the following is an example of a response error
Rosanna checks 2 response options for one question on a paper questionnaire
Which of the following do businesses often expect employees to make on their own
Routine decisions
Which of the following often makes it difficult for small manufacturers that have limited budgets to receive an equal opportunity to distribute their new products
Slotting allowances
What does an enclosure notation at the bottom of a business letter signify?
Something is being sent with the letter
Computers have given marketers the ability to calculate pricing functions such as break even points and elasticity of demand by using __________ programs
Spreadsheet
Marketing has an effect on the quality of life and general living conditions of consumers referred to as their
Standard of living
Which if the following is an example of quantitative data
Tara graduated first in her class
Businesses are being socially responsible to their customers when they
Test the safety of their products
The most important reason why workplace accidents which DO NOT result in injuries should be reported to supervisors is because
The next accident could result in an accident
Which if the following is a purpose of the competitive bidding process
To obtain lower prices from bidders
Why is it important to coordinate the elements in advertisements
To strengthen the theme
What can a pharmaceutical manufacturer do to help ensure that its pain reliever and allergy medications are safe for customer use?
Use protective packaging
A manufacturer that decides to sell directly to large retailers rather than through wholesalers might create ____________ conflict within its distribution channel
Vertical
What device helps to ensure that a direct obsersvation research is collected in a neutral way?
Video camera
What technology is the most effective way to interview a job applicant who is located 1,500 miles away from the company's corporate office?
Videoconferencing
One of the freedoms provided to individuals by the private enterprise system is the freedom to choose
Where they will work
Which of the following is a decision a company might make during the decline stage of the product life cycle
Whether to change the product
What type of software program do businesses use to create text documents
Word processing