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DECA16-30
| Question | Answer |
|---|---|
| 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 |
| Ergonomics | the study of the use of equipment or technology and its effects on workers' physical well-being |
| Innovation | taking action to make the idea, item, or process available for consumers to use |
| Business-format Franchise | involves a close,continuous, working relationship between the franchisor and the franchisee |
| Customer Complaints | related to the business's policies and procedures |
| Consumer Products | economic goods and services that are purchased and used by the ultimate consumer |
| Capital Products | purchased by businesses for use in their operations |
| Communist Command Economy | capital for business investment is provided sby the government, which obtains it by taking the profits of businesses it owns and by levying taxes |
| Traditional Economy | people produce only what they must have in order to exist |
| Market Economy (Free Enterprise) | means of production and distribution are owned and controlled by individuals and businesses |
| Operating Expenses | costs of running the business |