DECA set 1 2025 ICDC Entrepreneurship Cluster Questions with Correct Answers

DECA set 1 2025 ICDC Entrepreneurship Cluster Questions with Correct Answers Which of the following is a reason why an employer could legally fire an employee (BL, 1, 2022 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