DECA MC TEST

What should business employees do first when preparing an oral presentation?

The wrongful interference with the right of a business to operate is the basis of business

The primary reason that governments regulate business activities is to

Jake wanted to run his own business but was unsure that he had adequate business skills to be successful. Which type of business would give Jake the help he needs?

What should business employees possess in order to extract relevant information from written materials?

Which of the following is an aspect of channel management that impacts customer service:

Businesses that buy products from suppliers that are not the authorized distributors for the products' manufacturers are involved in the

Which of the following would not be considered an intermediary in a channel of distribution:

What do businesspeople need to do to prepare effective written communications?

Which of the following is a marketing function that can be performed by channel intermediaries:

Which of the following is most likely to incur a luxury tax:

Which example best reflects a potential ethical issue among distribution channel members?

The federal courts are part of the U.S.

After finding several inconsistencies with its financial data, the MSV Company hired a compliance officer to monitor its financial processes and to ensure that the company is complying with regulations. What type of internal control has the business implemented?

Which of the following is an example of a barrier to effective listening:

The owner receives all of the profits of the business and can act quickly in making business decisions when the form of business ownership is a

It is effective to follow a step-by-step order when applying written directions to

What is a primary function of the Securities Exchange Commission (SEC)?

The nature of an agent's work and the level of an agent's control are factors that determine if a(n) __________ relationship exists.

Which of the following is an example of insider trading:

Great Adventures Travel Agency is preparing a new brochure for its clients which will include the following information: what is included in the package, reservation procedures, deposit and payment schedule, cancellation and refund policy, and the tour operator's limited responsibility and liability. This information is required by the two trade associations serving the tour segment of the travel industry and is known as

Jana is in charge of raising money to build a new homeless shelter in her community. She has decided to write a letter to local businesses asking for donations. Because these letters arrive uninvited, she knows that her letter must begin well, or it will likely end up in the trash can. Which choice is the best for beginning her letter?

Nate was supposed to bring his report card back to school, signed by a parent. After forgetting three days in a row, his teacher gave him a detention. Nate doesn't complain about it because he knows he didn't follow the teacher's directions. Which of the following steps for following directions does this situation illustrate:

Which of the following types of business organizations reduces or limits the risk of its stockholders:

Marsha wants to invest her savings in a business. However, she wants to protect all of her personal assets. Which type of business ownership would be most appropriate for Marsha?

An important reason that face-to-face, verbal communication is an effective method of communication in business is that it provides the opportunity to

As the reporter from WRTZ interviews the fire chief, she takes careful notes of the conversation. When he explains the details of injuries, she says, “that's two people in critical condition and three in fair condition.” This is an example of

The relationship between a creditor and a debtor is usually based on the debtor's

What effect does the technology of digital money have on the distribution function?

Which of the following statements about following directions is true: