Which type of report might a contestant need to prepare for a DECA competition?

In the context of DECA competitions, a contestant is often required to prepare a business plan or marketing plan. This type of report is essential as it demonstrates a contestant's ability to understand and develop detailed strategies related to products, services, target markets, and promotional tactics. A business plan or marketing plan helps to articulate a vision and outlines how a business intends to achieve its goals, including aspects such as market analysis, financial forecasting, and implementation strategies.

This type of report is particularly relevant in DECA events where participants present their ideas or projects to judges, showcasing their analytical skills and practical application of business concepts. It reflects the key competencies that DECA aims to develop in students, such as critical thinking, problem solving, and effective communication, which are crucial in the business environment.

Other types of reports, while they may have their relevance in various contexts, do not align as directly with the typical DECA competition requirements as a business plan or marketing plan does.