Term
| A nation's _____ is the measurement of the amount it's goods and services |
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| Another name for a tariff |
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| Management funtion- money management |
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| A temporary offer of goods at a lower price than what the retailer typically charges |
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| Unprinted areas in an advertisement |
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| Type of advertising which informs public of how a retailer serves customers |
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| On-the-spot decision making |
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| On average, how much faster does a person hear than they are able to talk? |
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| Which type of goods/services attract customers for reason other than price? |
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| Messages delivered without words |
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| Name of DECA division you can join after school to continue to show support |
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| Type of shipping that is assigned when seller has title to goods and responsiblity for them until they're delivered |
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| When a business can pay all of its debts |
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| 5 forms of channel distribution |
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Definition
| Air, water, motor, pipeline, train |
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Term
| What does F.O.B. stand for? |
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| Term used to describe quantities of merchandise that a business handles over a period of time |
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| Risk from changes in overall business conditions |
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| Bond that protects business from employee dishonesty |
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Term
| What two matters are deducted from gross sales in order to reach net sales? |
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Definition
| Sales returnes and sales allowances |
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Term
| If the product is elastic, the consumers are dependent on.... |
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Term
| Gross profit = difference between sales revenue and _____ |
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| Different paths that goods pass through in order to reach the consumer, from the producer |
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| Division of DECA which is used for future marketing teachers |
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| Retailers are often found in |
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| Collection of tasks, duties, and responsibilities, |
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| Style/design which remains "cool" for an extended period of time |
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| Maximum quantity to which each item's sock should be built after each count |
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| Dollar difference between PREVIOUS price and REDUCED price to which merchandise is marked down |
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Performance of business activities which directs flow of goods between producer to consumer
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| Stage in product life style when distaste starts to occur and the style can no longer be sold at any other price |
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| Coordination of advertising, display, publicity, and personal salesmanship to promote profitable sales |
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Garment manufacturing plant that employs workers under unfair, unsanitary, and dangerous conditions
(Forever 21) |
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| This is when a customer requests something that is NOT on stock, a salesperson fills 'this' out |
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| When the price for an object is set to the highest price |
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Definition
-Price Ceiling
(makes sense, ceiling is the highest point, figuratively) |
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Term
| Group of people in an organization in charge of interpreting policies & making decisions |
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Term
Employee theft is also known as....
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| Accounting report of the financial status of a business |
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| Placement of advertisement's copy and art on a PRINTED page (not final) |
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| A company's projected sales goals in dollar value |
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| This type of business owner is independent, assumes the responsibility and risks in starting a new business |
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| Utility type that ensures goods/services are available at a LOCATION where they're needed |
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| Members assigned to certain tasks which need to be completed, the members together is a... |
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Term
"I move to ____ this motion."
This phrase means the person is postponing a motion. |
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Definition
Missing word = table
"I move to table this motion." |
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Term
| The number of members needed to conduct business at an actual meeting |
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| Director of the H.S. division of DECA |
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| Type of customer that will look for fault/error in everyone and everything. They won't agree to anything and will constantly ask questions |
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| Conducting "this" is the act of testing a proposed idea or procedure |
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| To reconstruct, modify, or change |
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| Place where product is sold to buyers |
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Term
| When you are held accountable for something within your own power/control, you are considered _______ |
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