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DECA Operations
| Question | Answer |
|---|---|
| Purchase Order | the form that a business fills out to order goods from a vendor |
| Price-Agreement planning | a type of centralized retail buying where an organization defines |
| Invoice | a listed statement of money owed for a good or service generated by the vendor |
| Expense Form | completed so that employers can reimburse employees for out-of-pocket expenses |
| Maintenance Costs | expenses associated with the upkeep of the business's facility and equipment |
| Holding Costs | The money it takes to keep inventory in stock |
| Perpetual Inventory | a record of inventory information that is continuously updated |
| Inventory Shrinkage | a loss of inventory due to accidents or theft |
| Data integrity | the wholeness or completeness of data and information |
| data corruption | A breach of data integrity |
| data privacy | involves the intended use of specific types of data |
| Data availability | the usability or the delivery format of data |
| Data confidentiality | threatened when unauthorized users gain access to the data |
| Forecasting | predicting how much of a product consumers will want to buy in a given period of time |
| Point-of-sale Fraud | theft or misuse of payment information |
| Customer Fraud | a consumer using deceptive practices to illegally obtain something |
| Functional diffusion | Employees are grouped by specialty creating efficient expertise-based departments. |
| Divisional diffusion | organization is split into self-contained units based on products, regions, or customers, each with its own resources. |
| Matrix diffusion | Employees report to two managers combining expertise with project coordination. |
| Flat diffusion | Few or no management layers; emphasizes autonomy, collaboration, and quick decision-making. |