DECA Woodlands Quiz 1
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Which of the following would be the most likely cause of customer complaints:
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Price reductions
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Institutional ads
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Extended hours
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Product quality
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DECA Woodlands Quiz 1 tests knowledge on business management, focusing on operations, marketing, and sales strategies within a coffee shop context.
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- 2.
Which of the following approaches should a manager take in dealing with a legitimate employee complaint:
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Ignore the complaint as long as possible
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Allow the complaint to work itself out
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Identify the cause(s) of the complaint
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Wait until the complaint becomes a grievance
Correct Answer
A. Identify the cause(s) of the complaintExplanation
The manager should identify the cause(s) of the complaint. This approach is important because it allows the manager to understand the underlying issues that led to the complaint. By identifying the cause(s), the manager can then take appropriate actions to address and resolve the complaint effectively. Ignoring the complaint, allowing it to work itself out, or waiting until it becomes a grievance can lead to further dissatisfaction and potential escalation of the issue.Rate this question:
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- 3.
One reason that a grocery store sales manager might evaluate the sales volume of a specific product is to
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Measure customer loyalty in terms of overall reorder sales.
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Determine if the item should be eliminated from the product line.
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Evaluate the company's overall financial status.
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Rate the relationship between sales personnel and their customers.
Correct Answer
A. Determine if the item should be eliminated from the product line.Explanation
The sales volume of a specific product can be evaluated to determine if the item should be eliminated from the product line. By analyzing the sales volume, the grocery store sales manager can assess whether the product is popular among customers and generating enough revenue. If the sales volume is consistently low, it may indicate that the item is not in demand and removing it from the product line could be a viable option. This evaluation helps the store make informed decisions about their product offerings and optimize their inventory.Rate this question:
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- 4.
Certain environmental regulations require businesses to develop operating and production systems that are intended to
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Consume resources.
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Create waste.
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Control pollution.
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Collect samples.
Correct Answer
A. Control pollution.Explanation
Certain environmental regulations require businesses to develop operating and production systems that are intended to control pollution. This means that businesses must implement measures and practices to minimize or eliminate the release of harmful pollutants into the environment. This can include using cleaner technologies, implementing waste management strategies, and adhering to emission standards. By controlling pollution, businesses can reduce their negative impact on the environment and contribute to sustainable practices.Rate this question:
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- 5.
Businesspeople from one country need to be aware of the cultural differences of businesspeople from other parts of the world to avoid
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Meeting face-to-face.
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Being insulting or rude.
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Asking questions.
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Discussing finances.
Correct Answer
A. Being insulting or rude.Explanation
Businesspeople from one country need to be aware of the cultural differences of businesspeople from other parts of the world to avoid being insulting or rude. Cultural norms and customs vary across different countries, and what may be considered acceptable behavior in one culture could be seen as offensive or disrespectful in another. Therefore, it is crucial for businesspeople to understand and respect these differences to maintain positive relationships and avoid unintentionally causing offense or disrespect.Rate this question:
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- 6.
Joan borrowed $10,000 from a relative to start her own coffee shop. Assuming she takes all responsibility for the shop's financial risks, the shop is most likely a
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Sole proprietorship
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Corporation
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Limited partnership
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Partnership
Correct Answer
A. Sole proprietorshipExplanation
Based on the information provided, Joan borrowed money from a relative to start her own coffee shop and assumes all financial risks. This suggests that she is the sole owner and operator of the shop, making it a sole proprietorship. In a sole proprietorship, there is no legal distinction between the business and the owner, and the owner has unlimited liability for the business's debts and obligations.Rate this question:
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- 7.
A sandwich shop that decides to add certain breakfast items to its regular menu is increasing its
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Customer service.
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Cooking capacity.
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Product mix.
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Sales revenue.
Correct Answer
A. Product mix.Explanation
The addition of certain breakfast items to the regular menu of a sandwich shop indicates a change in the variety of products offered. This change in the range of menu items is an example of altering the product mix. It allows the shop to cater to a wider customer base and potentially attract new customers who are interested in breakfast options. Therefore, the correct answer is "product mix."Rate this question:
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- 8.
A direct-mail campaign is often more successful when the pizza restaurant verifies that the information that it has about recipients, or the target market, is
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Conventional.
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Extensive.
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Accurate.
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Unusual.
Correct Answer
A. Accurate.Explanation
A direct-mail campaign is more likely to be successful when the pizza restaurant ensures that the information it has about recipients or the target market is accurate. This means that the restaurant has correct and up-to-date information about the individuals it is targeting, such as their names, addresses, and preferences. Having accurate information allows the restaurant to personalize its mailings and tailor its offers to the specific needs and interests of the recipients, increasing the chances of a positive response and ultimately, a successful campaign.Rate this question:
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- 9.
In oral presentations, a closing method used specifically for getting the audience to do something is
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Using a quotation
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Making an appeal for action
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Using humor
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Making a comparison
Correct Answer
A. Making an appeal for actionExplanation
In oral presentations, making an appeal for action is a closing method used specifically for getting the audience to do something. This involves urging or persuading the audience to take a specific action based on the information presented. By making a strong and compelling appeal, the speaker aims to motivate the audience to act upon the message conveyed during the presentation. This closing method is effective in encouraging the audience to actively engage and participate in the desired outcome.Rate this question:
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- 10.
When confirming a hotel reservation for a client, a travel agent must be sure to
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Ask the room number the client will be staying in
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Ask how large the hotel is.
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Find out how large the parking lot is.
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Get a confirmation number.
Correct Answer
A. Get a confirmation number.Explanation
When confirming a hotel reservation for a client, a travel agent must get a confirmation number. This is important because the confirmation number serves as proof that the reservation has been made and ensures that the client's room is reserved and available upon arrival. The confirmation number is also useful in case there are any issues or discrepancies with the reservation, as it can be used to track and verify the details with the hotel. Asking for the room number, the size of the hotel, or the size of the parking lot are not necessary steps in confirming a hotel reservation.Rate this question:
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- 11.
Which of the following situations is an example of a business violating the Equal Pay Act:
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Paying a higher wage to women who have many years of seniority
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Paying bonuses to men for accomplishing specific sales goals
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Paying a different wage to men and women doing comparable work
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Paying a different wage to men and women doing the same work
Correct Answer
A. Paying a different wage to men and women doing the same workExplanation
The Equal Pay Act requires that men and women be paid equally for performing the same work. Paying a different wage to men and women doing the same work violates this act because it constitutes gender-based wage discrimination.Rate this question:
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- 12.
Putting forth effort in order to understand what is being said is called
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Active listening.
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Communication.
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Listening.
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Nonverbal communication.
Correct Answer
A. Active listening.Explanation
Active listening refers to the act of making a conscious effort to fully understand and engage with what is being said. It involves giving full attention to the speaker, asking clarifying questions, and providing feedback. This goes beyond simply hearing the words and requires active participation in the communication process. Therefore, active listening is the most appropriate term to describe the act of putting forth effort to understand what is being said.Rate this question:
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- 13.
Which of the following statements is true of constructive criticism:
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Constructive criticism serves no useful purpose.
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Constructive criticism should result in change.
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People who use constructive criticism are aggressive.
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People should resent receiving constructive criticism.
Correct Answer
A. Constructive criticism should result in change.Explanation
Constructive criticism is a valuable tool for personal and professional growth as it aims to provide feedback that helps individuals improve their performance or behavior. The statement "Constructive criticism should result in change" accurately reflects the purpose of constructive criticism, which is to bring about positive change and improvement. It is not meant to be aggressive or demeaning, but rather to offer suggestions and guidance for improvement. Resenting constructive criticism would hinder personal growth and development.Rate this question:
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- 14.
In the process of developing self-understanding, you can benefit from talking over what you learn about yourself with a trusted friend because that will help you to
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Update your personal diary.
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Decide which tests to take.
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Compare yourself to others.
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Clarify your own thinking.
Correct Answer
A. Clarify your own thinking.Explanation
Talking over what you learn about yourself with a trusted friend can help you clarify your own thinking. By discussing your thoughts and feelings with someone you trust, you can gain new perspectives and insights that can help you better understand yourself. This process of self-reflection and discussion can lead to greater clarity and understanding of your own thoughts, emotions, and beliefs. It can also help you identify any biases or assumptions that may be clouding your thinking, allowing you to make more informed decisions and choices in your life.Rate this question:
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- 15.
A local buffet-style restaurant has set an amount to spend on advertising, established a promotional goal to increase sales, and scheduled its ads. This restaurant is engaged in creating a(n)
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Promotional plan.
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Marketing mix.
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Balance sheet.
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Activity quota.
Correct Answer
A. Promotional plan.Explanation
The given scenario describes a local buffet-style restaurant that has set a budget for advertising, established a goal to increase sales, and scheduled its ads. This indicates that the restaurant is engaged in creating a promotional plan. A promotional plan is a strategic marketing tool that outlines the objectives, strategies, and tactics for promoting a product or service. It involves determining the target audience, setting promotional goals, allocating resources, and planning the timing and content of promotional activities. Therefore, the correct answer is promotional plan.Rate this question:
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- 16.
Which marketing function can remind customers of items that they want to purchase?
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Distribution
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Product/Service management
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Financing
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Promotion
Correct Answer
A. PromotionExplanation
Promotion is the marketing function that can remind customers of items they want to purchase. This is because promotion involves various communication activities aimed at promoting and creating awareness about products or services to potential customers. Through advertising, personal selling, sales promotion, and public relations, promotion helps to remind customers about the availability and benefits of the items they want to purchase, thus influencing their buying decisions.Rate this question:
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- 17.
Which of the following is confidential information that would be unethical for a supermarket employee to provide to others without permission from the supermarket:
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Posting of available positions
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List of employees who will be promoted
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Well-publicized expansion plans
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Dates of an upcoming special sale
Correct Answer
A. List of employees who will be promotedExplanation
The list of employees who will be promoted is confidential information that would be unethical for a supermarket employee to provide to others without permission from the supermarket. This information is internal and should only be shared with the concerned employees and authorized individuals within the organization. Sharing this information without permission could lead to unfair advantages or biases in the promotion process and compromise the integrity of the supermarket's operations.Rate this question:
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- 18.
One reason why it is important for supermarkets to maintain adequate inventory levels is to avoid __________ needed goods.
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Paying taxes on
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Stockpiling
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Running out of
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Depreciating
Correct Answer
A. Running out ofExplanation
It is important for supermarkets to maintain adequate inventory levels in order to avoid running out of needed goods. By having enough stock on hand, supermarkets can ensure that they are able to meet customer demand and prevent situations where popular items are unavailable. This helps to maintain customer satisfaction and loyalty, as well as ensuring a steady flow of sales for the supermarket. Additionally, by avoiding stockouts, supermarkets can minimize the risk of losing potential revenue and customers to competitors. Therefore, maintaining adequate inventory levels is crucial for supermarkets to avoid running out of needed goods.Rate this question:
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- 19.
Pet-grooming services might offer lower rates at certain times of the day or week because at those times
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Supply is greater than demand.
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Supply and demand are equal.
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Demand is greater than supply.
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The supply of services increases.
Correct Answer
A. Supply is greater than demand.Explanation
Pet-grooming services might offer lower rates at certain times of the day or week because at those times supply is greater than demand. This means that there are more available groomers or time slots than there are customers seeking their services. As a result, businesses lower their rates in order to attract more customers and fill up their schedules. This strategy helps to maximize their revenue and ensure that their resources are fully utilized during periods of lower demand.Rate this question:
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- 20.
So a cleaning business can retrieve current customer and internal marketing information from a central location, it may use which of the following technological tools:
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Opt-in e-mail
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Presentation software
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A database
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A CAD program
Correct Answer
A. A databaseExplanation
A database is the most suitable technological tool for a cleaning business to retrieve current customer and internal marketing information from a central location. A database allows for organized storage and management of large amounts of data, making it easier to access and retrieve specific information when needed. It also enables efficient sorting, filtering, and analysis of data, which can be valuable for targeted marketing efforts and improving customer satisfaction. Opt-in e-mail, presentation software, and CAD programs are not specifically designed for storing and managing customer and marketing information in a centralized manner.Rate this question:
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- 21.
Which of the following is an example of price fixing:
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Two different types of quick-serve restaurant supply businesses export goods and sell the items below cost
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One quick-serve restaurant supply business agrees to sell a brand item to a customer for 10 percent less than its competitor.
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One quick-serve restaurant supply business acquires another business so that it can expand its product line.
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Two competing quick-serve restaurant supply businesses agree to set the same price for similar items in their product lines.
Correct Answer
A. Two competing quick-serve restaurant supply businesses agree to set the same price for similar items in their product lines.Explanation
Two competing quick-serve restaurant supply businesses agreeing to set the same price for similar items in their product lines is an example of price fixing. Price fixing occurs when competitors agree to set the same price for their products or services, eliminating competition and artificially inflating prices. This practice is illegal as it harms consumers by reducing choices and driving up prices.Rate this question:
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- 22.
One of the steps in the receiving process is to compare the items listed on the delivery receipt with the items listed on the
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Dummy invoice.
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Purchase order.
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Receiving log.
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Bill of lading.
Correct Answer
A. Purchase order.Explanation
In the receiving process, one of the steps is to compare the items listed on the delivery receipt with the items listed on the purchase order. This is done to ensure that the correct items have been received and to verify the accuracy of the order. The purchase order is a document that is created by the buyer and sent to the supplier, specifying the details of the products or services to be purchased. Comparing the items listed on the delivery receipt with the purchase order helps in identifying any discrepancies or errors in the shipment.Rate this question:
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- 23.
Horizontal conflict occurs among channel members that are __________ of the channel.
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On different levels
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At the same level
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At a low level
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On high levels
Correct Answer
A. At the same levelExplanation
Horizontal conflict occurs among channel members that are at the same level of the channel. This means that the conflict arises between members who are at the same level of the distribution channel, such as between two retailers or between two wholesalers. This type of conflict can occur due to competition for customers, territories, or resources, and can lead to issues such as price wars or undercutting.Rate this question:
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- 24.
Which of the following statements is true regarding business plans:
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Lending institutions do not usually require loan applicants to submit a business plan.
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The operating plan details information regarding the business's services.
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Owners often use business plans as a tool to help them achieve their objectives.
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A corporation is the only legal form of business ownership that should develop a business plan.
Correct Answer
A. Owners often use business plans as a tool to help them achieve their objectives.Explanation
Owners often use business plans as a tool to help them achieve their objectives. Business plans serve as a roadmap for owners to outline their goals, strategies, and financial projections. They provide a clear vision of the business's direction and help owners make informed decisions. Additionally, business plans are often required by investors, partners, and stakeholders to evaluate the feasibility and potential of the business. Therefore, owners find business plans crucial in guiding their actions and ensuring the success of their ventures.Rate this question:
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- 25.
Which of the following factors affects the type of business ownership individuals choose:
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Location of the business
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Willingness to assume risk
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Size of the community
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Stage of product's life cycle
Correct Answer
A. Willingness to assume riskExplanation
The factor that affects the type of business ownership individuals choose is their willingness to assume risk. This means that individuals who are more willing to take risks are more likely to choose ownership options such as sole proprietorship or partnership, where they have more control and responsibility. On the other hand, individuals who are risk-averse may prefer ownership options such as corporations, where the risk is spread among shareholders. The other factors listed, such as location of the business, size of the community, and stage of product's life cycle, may have an impact on the business but do not directly determine the type of ownership chosen.Rate this question:
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- 26.
After Selina grooms her client's pet, she makes sure to save her client's information for future use. This is an example of the following stage in a record's life cycle:
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Storing
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Destroying
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Creating
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Retrieving
Correct Answer
A. StoringExplanation
After Selina grooms her client's pet, she saves her client's information for future use. This indicates that she is storing the information, as part of the record's life cycle. Storing refers to the stage where data or records are kept in a secure and organized manner for future reference or use. In this case, Selina is ensuring that she can access her client's information whenever needed, demonstrating the storing stage of the record's life cycle.Rate this question:
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- 27.
A business can be described as a(n)
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Unreasonable means for increasing revenues.
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Disorganized method of manufacturing products.
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Reasonable way to make a profit.
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Organized effort to produce goods and services.
Correct Answer
A. Organized effort to produce goods and services.Explanation
This answer is correct because a business is typically defined as an organized effort to produce goods and services. Businesses are typically structured entities that aim to create and sell products or services in order to generate revenue and make a profit. This definition aligns with the traditional understanding of what a business is and how it operates.Rate this question:
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- 28.
Which of the following is an example of a measurable customer-service goal that many food producers set in order to facilitate the distribution process:
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Fill orders within a specified amount of time
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Organize warehouse to handle orders
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Prepare orders for shipment
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Develop a procedure for invoicing orders quickly
Correct Answer
A. Fill orders within a specified amount of timeExplanation
The correct answer is "Fill orders within a specified amount of time." This goal is measurable because it can be quantified by setting a specific time frame for order fulfillment. By setting this goal, food producers can ensure that orders are processed and shipped in a timely manner, which helps facilitate the distribution process and ensures customer satisfaction.Rate this question:
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- 29.
Service businesses that obtain information about competitors with the use of questionable techniques, even though these techniques are legal, are often behaving
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Carelessly.
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Aggressively.
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Unethically.
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Recklessly.
Correct Answer
A. Unethically.Explanation
The correct answer is unethically. The question suggests that service businesses are using questionable techniques to obtain information about competitors. Although these techniques may be legal, the fact that they are questionable indicates a lack of ethical behavior. This implies that the businesses are engaging in unfair or dishonest practices, which is considered unethical.Rate this question:
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- 30.
What do many successful service businesses use to target and maintain valued customers who buy their services frequently?
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Prize promotions
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Introductory discounts
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Gift premiums
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Loyalty programs
Correct Answer
A. Loyalty programsExplanation
Many successful service businesses use loyalty programs to target and maintain valued customers who buy their services frequently. Loyalty programs are designed to incentivize customers to continue using the services by offering rewards, discounts, or exclusive benefits. These programs help businesses build a strong relationship with their customers, increase customer retention, and encourage repeat purchases. By offering special perks to loyal customers, businesses can create a sense of appreciation and exclusivity, which ultimately leads to increased customer satisfaction and loyalty.Rate this question:
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- 31.
What kind of changes that may affect the sales forecast can insurance agencies control?
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External
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Internal
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Market
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Economic
Correct Answer
A. InternalExplanation
Insurance agencies can control internal changes that may affect the sales forecast. This means that they have the ability to make changes within their own organization that can impact their sales forecast. These changes could include adjusting their pricing strategies, improving their marketing and sales efforts, enhancing their customer service, or implementing new technology to streamline their operations. By effectively managing these internal factors, insurance agencies can have a direct influence on their sales forecast and overall business performance.Rate this question:
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- 32.
Which of the following represents the major functions of management:
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Researching, collecting information, reporting
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Planning, organizing, staffing, directing, controlling
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Evaluating, motivating, training
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Budgeting, scheduling, developing procedures, delegating
Correct Answer
A. Planning, organizing, staffing, directing, controllingExplanation
The major functions of management are planning, organizing, staffing, directing, and controlling. Planning involves setting goals and determining the best course of action to achieve them. Organizing involves arranging resources and tasks to achieve the goals. Staffing involves selecting and hiring employees for the organization. Directing involves guiding and supervising employees to ensure they are working towards the goals. Controlling involves monitoring progress and making adjustments as necessary to ensure the goals are being met.Rate this question:
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- 33.
When a food manufacturer uses its product wrapping to state its corporate views on controversial issues such as use of growth hormones in animals, it is engaging in an ethical practice called
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Provocative branding.
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Environmental labeling.
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Political lobbying.
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Cause packaging.
Correct Answer
A. Cause packaging.Explanation
The correct answer is cause packaging. Cause packaging refers to when a food manufacturer uses its product wrapping to express its stance on controversial issues such as the use of growth hormones in animals. This practice is considered ethical as it allows the company to align its products with its corporate views and values, giving consumers the opportunity to make informed choices based on their own beliefs and preferences.Rate this question:
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- 34.
When a natural disaster occurs in a certain part of the country, a food distribution company refuses to raise the prices of its products, which are in high demand. The business is being
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Socially responsible.
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Economically unsound.
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Legally reasonable.
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Politically correct.
Correct Answer
A. Socially responsible.Explanation
The correct answer is socially responsible. This is because the company is choosing not to take advantage of the high demand for its products during a natural disaster by raising prices. Instead, it is prioritizing the well-being of the affected individuals by keeping the prices stable, thereby acting in a socially responsible manner.Rate this question:
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- 35.
One advantage of using the Internet for promotional purposes is that
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It can reach less affluent business-services markets.
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Consumer privacy is secure.
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Information is available on demand.
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Service businesses don't need to target markets.
Correct Answer
A. Information is available on demand.Explanation
Using the Internet for promotional purposes has the advantage of providing information on demand. This means that potential customers can access the information they need about a product or service at any time, without having to wait for business hours or make phone calls. This convenience and accessibility can lead to increased customer engagement and ultimately drive sales.Rate this question:
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- 36.
Which of the following would not affect the accuracy of a sales forecast:
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Population changes
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Location of the cafeteria
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Changes in demand
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New competitors
Correct Answer
A. Location of the cafeteriaExplanation
The location of the cafeteria would not affect the accuracy of a sales forecast because it is not directly related to the sales of a product or service. Sales forecasts are typically based on factors such as population changes, changes in demand, and the presence of new competitors, which directly impact the demand and sales of a product or service. The location of the cafeteria, on the other hand, is more likely to affect the foot traffic or convenience for employees or customers, but it does not directly impact the accuracy of sales forecasts.Rate this question:
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- 37.
A channel of distribution that has strong leadership is often able to avoid
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Publicity.
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Competition
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Regulation
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Conflict
Correct Answer
A. ConflictExplanation
A channel of distribution that has strong leadership is often able to avoid conflict. This is because strong leadership ensures effective communication and coordination among the different entities involved in the distribution process. It helps in resolving conflicts and addressing any issues that may arise, thereby promoting a smooth flow of goods or services. Strong leadership also fosters a sense of trust and cooperation among the channel members, reducing the likelihood of conflicts and promoting collaboration towards common goals.Rate this question:
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- 38.
Consumers who have credit cards and telephones are able to order apparel and accessory merchandise that is displayed on a television or a computer screen. This is known as
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QVC.
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E-mail.
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Electronic retailing.
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Telemarketing.
Correct Answer
A. Electronic retailing.Explanation
Consumers who have credit cards and telephones can order apparel and accessory merchandise that is displayed on a television or a computer screen. This process is known as electronic retailing, as it involves the use of electronic devices and online platforms to facilitate the purchase of goods.Rate this question:
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- 39.
Tying agreements between producers and distributors might be considered illegal if they substantially limit
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Profitability.
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Competition.
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Management.
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Technology.
Correct Answer
A. Competition.Explanation
Tying agreements between producers and distributors may be deemed illegal if they substantially limit competition. This means that if such agreements create barriers or hinder fair market competition, they can be considered illegal. By restricting competition, these agreements can harm consumers by limiting their choices and potentially leading to higher prices. Therefore, it is crucial to ensure that tying agreements do not unfairly restrict competition in order to promote a healthy and competitive market environment.Rate this question:
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- 40.
What category of people does the federal government leave out when it calculates the rate of unemployment?
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Full-time students
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Unemployed job seekers
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Part-time workers
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Full-time employees
Correct Answer
A. Full-time studentsExplanation
The federal government leaves out full-time students when calculating the rate of unemployment. This is because full-time students are not considered part of the labor force as they are primarily focused on their studies and not actively seeking employment. The unemployment rate is calculated by dividing the number of unemployed individuals by the number of individuals in the labor force, which excludes full-time students.Rate this question:
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- 41.
What type of risk is involved when a health spa decides to offer a new line of services?
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Pure
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Natural
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Human
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Speculative
Correct Answer
A. SpeculativeExplanation
When a health spa decides to offer a new line of services, the risk involved is speculative. This means that the outcome of the decision is uncertain and there is a possibility of both gain and loss. The success of the new line of services is not guaranteed and there is a level of uncertainty regarding customer demand, profitability, and overall market reception. The spa may invest resources and time into developing and promoting the new services, but there is a risk that it may not generate the expected returns.Rate this question:
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- 42.
Efficient production enables service businesses to
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Obtain advance orders for goods and services.
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Turn out the most products at the least cost.
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Make an accurate forecast of sales.
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Charge higher prices than competitors.
Correct Answer
A. Turn out the most products at the least cost.Explanation
Efficient production enables service businesses to turn out the most products at the least cost. This means that by optimizing their production processes, businesses are able to increase their output while minimizing their expenses. This allows them to maximize their profitability and competitiveness in the market. By producing more goods or services at a lower cost, businesses can also potentially offer more competitive prices to their customers, further enhancing their market position.Rate this question:
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- 43.
Increased operating costs might be a disadvantage to a health spa when __________ the product mix.
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Marketing
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Expanding
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Reducing
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Promoting
Correct Answer
A. ExpandingExplanation
When a health spa is expanding its product mix, it may face increased operating costs. This is because expanding the product mix involves adding new services or amenities, which require additional resources and investments. These could include hiring more staff, purchasing new equipment, or renovating the facility. All of these factors contribute to higher operating costs for the health spa.Rate this question:
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- 44.
Why should businesses coordinate distribution with pricing to successfully sell products to customers?
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Customers expect to receive significant discounts.
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Businesses must pay transportation charges.
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Most customers are only willing to pay a certain price.
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Many businesses need to obtain warehouse space.
Correct Answer
A. Most customers are only willing to pay a certain price.Explanation
Businesses should coordinate distribution with pricing to successfully sell products to customers because most customers are only willing to pay a certain price. By aligning the distribution strategy with the pricing strategy, businesses can ensure that their products are priced appropriately and are accessible to their target customers. This helps in maximizing sales and profitability by meeting customer expectations and demand.Rate this question:
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- 45.
When confronting another person about a conflict, it is important to avoid
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Being objective.
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Using "you" statements.
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Using "I" statements.
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Listening to feedback.
Correct Answer
A. Using "you" statements.Explanation
When confronting another person about a conflict, it is important to avoid using "you" statements. This is because "you" statements tend to sound accusatory and can put the other person on the defensive. It is better to use "I" statements, which express your own feelings and perspectives without blaming or attacking the other person. By using "I" statements, you can communicate your concerns effectively and promote a more constructive and open conversation. Listening to feedback is also important in resolving conflicts, but it is not something to be avoided.Rate this question:
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- 46.
Promotion encourages demand, which benefits the economy by
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Creating awareness.
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Improving an image.
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Providing more jobs.
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Increasing prices.
Correct Answer
A. Providing more jobs.Explanation
Promotion encourages demand by creating awareness and improving the image of a product or service. This increased demand leads to an increase in production, which in turn requires more workers to meet the demand. As a result, more jobs are created, which benefits the economy by reducing unemployment rates and increasing income levels.Rate this question:
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- 47.
In the business-services industry, budgets are prepared for a specific time period, usually a
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Fiscal year.
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Calendar year.
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Quarter at a time.
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Month at a time.
Correct Answer
A. Fiscal year.Explanation
In the business-services industry, budgets are typically prepared for a specific time period known as the fiscal year. This is a 12-month period that may not necessarily align with the calendar year. By using a fiscal year, businesses can better track and plan their financial activities, as it allows them to consider seasonal trends, industry cycles, and other factors that may impact their budgeting decisions. Additionally, using a fiscal year allows for better comparison and analysis of financial performance across different years.Rate this question:
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- 48.
Which of the following is not an element of the promotional mix in the business-services industry:
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Pricing
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Personal selling
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Sales promotion
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Advertising
Correct Answer
A. PricingExplanation
Pricing is not considered an element of the promotional mix in the business-services industry because it refers to the cost or value assigned to a product or service, rather than a specific promotional activity. The promotional mix typically includes personal selling, sales promotion, and advertising, which are all strategies used to communicate and promote the value of a product or service to potential customers.Rate this question:
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- 49.
Which of the following is a reason that food marketers often use bulk produce displays:
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Bulk displays are less expensive.
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Bulk produce looks fresh longer.
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Losses caused by customer handling are reduced.
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Produce can be marked individually with price labels.
Correct Answer
A. Bulk displays are less expensive.Explanation
Food marketers often use bulk produce displays because they are less expensive. This means that they can save on packaging and other costs associated with individually packaging each item. Bulk displays also allow for larger quantities of produce to be displayed, which can attract customers and increase sales. Additionally, bulk displays can create a perception of abundance and freshness, making the produce more appealing to customers. Overall, using bulk displays can be a cost-effective and visually appealing strategy for food marketers.Rate this question:
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Current Version
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Mar 18, 2023Quiz Edited by
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Sep 20, 2009Quiz Created by
Weilydai
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