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DECA Business Management and
Administration Questions and Answers
communication skills Ans: the ability to convey information to
another effectively and efficiently
economics Ans: attempts to explain how wealth is created and
distributed in communities, how people allocate their resources
and any matter that deals with human wants and their
satisfaction.
ethics Ans: the basic concepts and fundamental principles of
decent human conduct
information management Ans: information management is the
process of collecting and analyzing data that can be used in the
strategic decision making process for a business
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coordinate Ans: to bring the different elements of an activity or an
organization into a relationship that will ensure efficiency
purchasing Ans: to acquire goods or services to accomplish the
goals of an organization
chain of command Ans: the order in which authority and power in
an organization is delegated from top management to every
employee at every level of the organization
organization goals Ans: the overall objectives, purpose and
mission of a business that have been established by its
management and communicated to its employees
project Ans: planned set of interrelated tasks to be executed over
a fixed period and within certain cost and other limitations
channels Ans: the path through which messages are delivered
tariff Ans: a tax on imports
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commitments Ans: detailed examination of the elements or
structure of something, typically as a basis for discussion or
interpretation
prioritize Ans: a process that evaluates a group of items and ranks
them in their order of importance or urgency
purchase order Ans: a legal contract between a buyer and seller
that describes the quantity price and products ordered, terms of
payment and delivery
rules of conduct Ans: a written set of guidelines issued by an
organization to its workers and management to help them conduct
their actions in accordance with its primary values and ethical
standards
initiate Ans: the process of beginning
work breakdown structure (WBS) Ans: Project networking
modeling step in which the entire job is graphically subdivided
into manageable work tasks.
© 2025 All rights reserved
DECA Business Management and
Administration Questions and Answers
communication skills Ans: the ability to convey information to
another effectively and efficiently
economics Ans: attempts to explain how wealth is created and
distributed in communities, how people allocate their resources
and any matter that deals with human wants and their
satisfaction.
ethics Ans: the basic concepts and fundamental principles of
decent human conduct
information management Ans: information management is the
process of collecting and analyzing data that can be used in the
strategic decision making process for a business
© 2025 All rights reserved
, 2 | Page
coordinate Ans: to bring the different elements of an activity or an
organization into a relationship that will ensure efficiency
purchasing Ans: to acquire goods or services to accomplish the
goals of an organization
chain of command Ans: the order in which authority and power in
an organization is delegated from top management to every
employee at every level of the organization
organization goals Ans: the overall objectives, purpose and
mission of a business that have been established by its
management and communicated to its employees
project Ans: planned set of interrelated tasks to be executed over
a fixed period and within certain cost and other limitations
channels Ans: the path through which messages are delivered
tariff Ans: a tax on imports
© 2025 All rights reserved
, 3 | Page
commitments Ans: detailed examination of the elements or
structure of something, typically as a basis for discussion or
interpretation
prioritize Ans: a process that evaluates a group of items and ranks
them in their order of importance or urgency
purchase order Ans: a legal contract between a buyer and seller
that describes the quantity price and products ordered, terms of
payment and delivery
rules of conduct Ans: a written set of guidelines issued by an
organization to its workers and management to help them conduct
their actions in accordance with its primary values and ethical
standards
initiate Ans: the process of beginning
work breakdown structure (WBS) Ans: Project networking
modeling step in which the entire job is graphically subdivided
into manageable work tasks.
© 2025 All rights reserved
