DECA ICDC Exam Questions And Answers With Verified Solutions 2025
a wrongful act or an infringement of a right (other than under contract) leading to civil legal liability. -
✔✔Tort
intentional, negligence, strict liability - ✔✔What are the three main types of torts?
Distributing a product through many different channels - ✔✔Multiple distribution
the use of more than one but fewer than all of the intermediaries that are willing to carry the company's
products - ✔✔Selective distribution
giving a limited number of dealers the exclusive right to distribute the company's products in their
territories - ✔✔Exclusive distribution
a form of distribution aimed at having a product available in every outlet where target customers might
want to buy it - ✔✔Intensive distribution
A type of business that buys goods in large amounts and resells them to other businesses in smaller lots.
- ✔✔Wholesaler
the practice of persuading someone to do something by using force or threats - ✔✔Coersion
An unofficial market in which products are bought and sold at prices lower than the authorized prices -
✔✔The grey market
fees firms pay to retailers simply to get new products into stores or to gain more or better shelf space
for their products - ✔✔A slotting allowance
a channel conflict that occurs between different levels in a marketing channel, most typically between
the manufacturer and wholesaler or between the manufacturer and retailer - ✔✔Vertical conflict
, A type of channel conflict that occurs between channel members at the same level (e.g., two retailers) -
✔✔Horizontal conflict
a type of group marketing that targets various groups based on profession, association, interests,
hobbies, and attitudes - ✔✔Affinity Marketing
the process of managing the entire customer experience within the company - ✔✔Customer Experience
Management (CEM)
The price of a specific good or service in comparison to the prices of other goods and services -
✔✔Relative price
labor organizations of unskilled and semiskilled workers in mass-production industries such as
automobiles and mining - ✔✔Industrial unions
Economy becoming stable at a favorable time - the whole country's growth is steady and sustainable -
✔✔Economic prosperity
motionlessness; inactivity - ✔✔Stagnation
a period of economic decline marked by falling real GDP - ✔✔Contraction
A period of economic growth as measured by a rise in real GDP - ✔✔Expansion
A slowdown in a nation's economy - ✔✔Recession
Moving forward in one's career to a higher level of status and pay - ✔✔Advancement
a form of power that stems from the ability to control access to information - ✔✔Informational power
a wrongful act or an infringement of a right (other than under contract) leading to civil legal liability. -
✔✔Tort
intentional, negligence, strict liability - ✔✔What are the three main types of torts?
Distributing a product through many different channels - ✔✔Multiple distribution
the use of more than one but fewer than all of the intermediaries that are willing to carry the company's
products - ✔✔Selective distribution
giving a limited number of dealers the exclusive right to distribute the company's products in their
territories - ✔✔Exclusive distribution
a form of distribution aimed at having a product available in every outlet where target customers might
want to buy it - ✔✔Intensive distribution
A type of business that buys goods in large amounts and resells them to other businesses in smaller lots.
- ✔✔Wholesaler
the practice of persuading someone to do something by using force or threats - ✔✔Coersion
An unofficial market in which products are bought and sold at prices lower than the authorized prices -
✔✔The grey market
fees firms pay to retailers simply to get new products into stores or to gain more or better shelf space
for their products - ✔✔A slotting allowance
a channel conflict that occurs between different levels in a marketing channel, most typically between
the manufacturer and wholesaler or between the manufacturer and retailer - ✔✔Vertical conflict
, A type of channel conflict that occurs between channel members at the same level (e.g., two retailers) -
✔✔Horizontal conflict
a type of group marketing that targets various groups based on profession, association, interests,
hobbies, and attitudes - ✔✔Affinity Marketing
the process of managing the entire customer experience within the company - ✔✔Customer Experience
Management (CEM)
The price of a specific good or service in comparison to the prices of other goods and services -
✔✔Relative price
labor organizations of unskilled and semiskilled workers in mass-production industries such as
automobiles and mining - ✔✔Industrial unions
Economy becoming stable at a favorable time - the whole country's growth is steady and sustainable -
✔✔Economic prosperity
motionlessness; inactivity - ✔✔Stagnation
a period of economic decline marked by falling real GDP - ✔✔Contraction
A period of economic growth as measured by a rise in real GDP - ✔✔Expansion
A slowdown in a nation's economy - ✔✔Recession
Moving forward in one's career to a higher level of status and pay - ✔✔Advancement
a form of power that stems from the ability to control access to information - ✔✔Informational power
