Question 1

Which of the following is a national association of marketing education students that provides teachers and members with activities to develop career skills in marketing, entrepreneurship, and management?

Options :

A : National Tech Prep Network (NTPN)

B : Distributive Education Clubs of America (DECA)

C : National Association of Supervisors for Business Education (NASBE)

D : National Council on Economic Education (NCEE)

Answer: B

Question 2

The interest rate on short-term loans that large banks charge their commercial borrowers who have excellent credit ratings is called the

Options :

A : funds rate

B : market rate

C : discount rate

D : prime rate

Answer: D

Question 3

Which of the following types of interviews should be conducted to ensure that assessments by key people are included in the hiring process?

Options :

A : Behavioral interviews

B : Stress interviews

C : Sequential interviews

D : Structured interviews

Answer: C

Question 4

Which of the following steps in new product development should occur first?

Options :

A : Idea generation

B : Idea evaluation

C : Business analysis

D : Commercialization

Answer: A

Question 5

Which of the following is the best example of eminent domain?

Options :

A : The state government intends to build a ramp to the highway and takes privately owned land to complete the building project.

B : The local government tells homeowners that they may not build a multifamily dwelling in an area containing only single-family dwellings.

C : The local government lays pipeline beneath the surface of privately owned land.

D : The state government grants property ownership to homeowners who discover the property line runs through the middle of their home.

Answer: A

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