DECA set 1 2025-2026 updated ICDC
Entrepreneurship Cluster fully solved
Which of the following is a reason why an employer could legally fire an employee
(BL, 1, 2025 ICDC Entrepreneurship) - correct answer ✔✔Insubordination
Which ownership structure is subject to dual taxation? (BL, 2) - correct answer
✔✔Corporations
A company in the transportation sector bought several barrels of gasoline. The
applicable tax was
included in the price per gallon rather than being added on at the end of the
transaction. The tax on the
gasoline is an example of a(n) __________ tax. (BL, 3) - correct answer ✔✔excise
The owners of competing musical equipment stores in neighboring towns come to
a disagreement when
one business infringes on the territory of the other. This is most likely an example
of... (CM, 4) - correct answer ✔✔horizontal conflict
Which of the following statements about agents is true (CM, 5) - correct answer
✔✔They do not buy goods or services from producers
Car manufacturers such as BMW, Mercedes-Benz, and Lamborghini often only use
one distributor in a
, particular region. This is an example of __________ distribution. (CM, 6) - correct
answer ✔✔exclusive
Which of the following statements best describes a formally solicited business
proposal. (CO, 7) - correct answer ✔✔It is written when there is a request for a
proposal
The responsibility for creating and maintaining a customer service-oriented
culture rests most
prominently on the organization's. (CR, 8) - correct answer ✔✔Managers and
executives
Tia wants to start a business producing custom phone cases, but she is worried
about putting all of her
money into it. She partners with her friend Owen, who agrees to contribute to
startup costs if he can
share in the profits. Tia is... (EC, 9) - correct answer ✔✔Transferring risk
Sophie earned a promotion at the beginning of this year and received a significant
pay raise as a result.
Because of her increase in salary, she pays taxes at a higher rate than she did the
previous year. This is
an example of a __________ tax structure. (EC, 10) - correct answer
✔✔Progressive
A role model manager is someone who (EL, 11) - correct answer ✔✔Leads by
example
Entrepreneurship Cluster fully solved
Which of the following is a reason why an employer could legally fire an employee
(BL, 1, 2025 ICDC Entrepreneurship) - correct answer ✔✔Insubordination
Which ownership structure is subject to dual taxation? (BL, 2) - correct answer
✔✔Corporations
A company in the transportation sector bought several barrels of gasoline. The
applicable tax was
included in the price per gallon rather than being added on at the end of the
transaction. The tax on the
gasoline is an example of a(n) __________ tax. (BL, 3) - correct answer ✔✔excise
The owners of competing musical equipment stores in neighboring towns come to
a disagreement when
one business infringes on the territory of the other. This is most likely an example
of... (CM, 4) - correct answer ✔✔horizontal conflict
Which of the following statements about agents is true (CM, 5) - correct answer
✔✔They do not buy goods or services from producers
Car manufacturers such as BMW, Mercedes-Benz, and Lamborghini often only use
one distributor in a
, particular region. This is an example of __________ distribution. (CM, 6) - correct
answer ✔✔exclusive
Which of the following statements best describes a formally solicited business
proposal. (CO, 7) - correct answer ✔✔It is written when there is a request for a
proposal
The responsibility for creating and maintaining a customer service-oriented
culture rests most
prominently on the organization's. (CR, 8) - correct answer ✔✔Managers and
executives
Tia wants to start a business producing custom phone cases, but she is worried
about putting all of her
money into it. She partners with her friend Owen, who agrees to contribute to
startup costs if he can
share in the profits. Tia is... (EC, 9) - correct answer ✔✔Transferring risk
Sophie earned a promotion at the beginning of this year and received a significant
pay raise as a result.
Because of her increase in salary, she pays taxes at a higher rate than she did the
previous year. This is
an example of a __________ tax structure. (EC, 10) - correct answer
✔✔Progressive
A role model manager is someone who (EL, 11) - correct answer ✔✔Leads by
example
