DECA ICDC Exam Prep Questions And Answers With Verified Solutions 2025
a risky project or business idea - ✔✔Venture
a person that puts money into a project or small business, with the hope of eventually receiving profit -
✔✔Investor
an organization or project that promotes or supports the fast growth of small businesses -
✔✔Accelerator
an organization or space dedicated to supporting new business venture - ✔✔Incubator
to increase your community of professional connections - ✔✔Networking
obtain goods or resources from a source outside your company - ✔✔Outsourcing
a relationship between two companies that helps both companies reach their goals - ✔✔Strategic
alliance
wealth or assets available to invest in a project or business - ✔✔Capital
capital invested in a project where there is a significant risk - ✔✔Venture capital
refers to a company or startup that is young, lacking experience, and still struggling with their business
ideas, business model, market, and products or services - ✔✔Fledgling
A startup company, usually privately-held, which reaches a valuation of over $1 billion - ✔✔Unicorn
An estimate of the worth of a business entity and its assets - ✔✔Business Valuation
a risky project or business idea - ✔✔Venture
a person that puts money into a project or small business, with the hope of eventually receiving profit -
✔✔Investor
an organization or project that promotes or supports the fast growth of small businesses -
✔✔Accelerator
an organization or space dedicated to supporting new business venture - ✔✔Incubator
to increase your community of professional connections - ✔✔Networking
obtain goods or resources from a source outside your company - ✔✔Outsourcing
a relationship between two companies that helps both companies reach their goals - ✔✔Strategic
alliance
wealth or assets available to invest in a project or business - ✔✔Capital
capital invested in a project where there is a significant risk - ✔✔Venture capital
refers to a company or startup that is young, lacking experience, and still struggling with their business
ideas, business model, market, and products or services - ✔✔Fledgling
A startup company, usually privately-held, which reaches a valuation of over $1 billion - ✔✔Unicorn
An estimate of the worth of a business entity and its assets - ✔✔Business Valuation
