DECA Business Administration Core
Exam Questions and Answers Rated A
Franchise ✔✔a contractual agreement between a
parent company and a franchisee to distribute goods and services
Corporation ✔✔a form of business ownership that is owned by stockholders who
have purchased units or shares of the company
Elastic Demand ✔✔demand that changes according to changes in price
Inelastic Demand ✔✔demand that is not affected by changes in price.
Unitary Demand ✔✔when sales remain the
same because changes in supply and demand are equal
Tort ✔✔a private wrongdoing that potentially harms another person or entity
,Doctrine of Sovereign Immunity ✔✔the universally accepted principle that each nation has the
right to manage its own government and develop
its own laws.
Job Enlargement ✔✔combining different tasks into one position
Job Rotation ✔✔moving from one job to another job within an organization
Specialization by Trade ✔✔the type of work that a person performs in order to earn a living,
such as engineering, public-relations, or accounting.
Frictional Unemployment ✔✔occurs because there are always workers who are in transition
Structural Unemployment ✔✔when the demand for certain types of workers declines and is
often due to technology advancements and the need for new skills
Cyclical Employment ✔✔result of changes in the economic and business cycles
, Wage Garnishments ✔✔court-ordered initiatives that involve taking income taken from an
employee's salary and submitting it to another person or organization
Embezzlement ✔✔theft of valuables that have been entrusted to another's care
Securities Fraud ✔✔the use of misleading sales tactics to persuade investors to purchase
securities
Espionage ✔✔revealing confidential information without the source or owner's permission and
is often associated with spying
Variety-seeking Buying Behavior ✔✔involves the purchase of routine items
Brand-insistence Buying Behavior ✔✔buyer will not buy anything other than a specific
brand or product
Automation ✔✔involves the use of machines to carry out production tasks
Exam Questions and Answers Rated A
Franchise ✔✔a contractual agreement between a
parent company and a franchisee to distribute goods and services
Corporation ✔✔a form of business ownership that is owned by stockholders who
have purchased units or shares of the company
Elastic Demand ✔✔demand that changes according to changes in price
Inelastic Demand ✔✔demand that is not affected by changes in price.
Unitary Demand ✔✔when sales remain the
same because changes in supply and demand are equal
Tort ✔✔a private wrongdoing that potentially harms another person or entity
,Doctrine of Sovereign Immunity ✔✔the universally accepted principle that each nation has the
right to manage its own government and develop
its own laws.
Job Enlargement ✔✔combining different tasks into one position
Job Rotation ✔✔moving from one job to another job within an organization
Specialization by Trade ✔✔the type of work that a person performs in order to earn a living,
such as engineering, public-relations, or accounting.
Frictional Unemployment ✔✔occurs because there are always workers who are in transition
Structural Unemployment ✔✔when the demand for certain types of workers declines and is
often due to technology advancements and the need for new skills
Cyclical Employment ✔✔result of changes in the economic and business cycles
, Wage Garnishments ✔✔court-ordered initiatives that involve taking income taken from an
employee's salary and submitting it to another person or organization
Embezzlement ✔✔theft of valuables that have been entrusted to another's care
Securities Fraud ✔✔the use of misleading sales tactics to persuade investors to purchase
securities
Espionage ✔✔revealing confidential information without the source or owner's permission and
is often associated with spying
Variety-seeking Buying Behavior ✔✔involves the purchase of routine items
Brand-insistence Buying Behavior ✔✔buyer will not buy anything other than a specific
brand or product
Automation ✔✔involves the use of machines to carry out production tasks
