DECA Business
Administration Core Exam
2026 | Study Guide,
Practice Questions,
Answers, Rationales &
Exam Review | Complete
Ethics Study Guide
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales
Included
, Franchise a contractual agreement between a
parent company and a franchisee to distribute goods and services
Corporation a form of business ownership that is owned by stockholders who
have purchased units or shares of the company
Elastic Demand demand that changes according to changes in price
Inelastic Demand demand that is not affected by changes in price.
Unitary Demand when sales remain the
same because changes in supply and demand are equal
Tort a private wrongdoing that potentially harms another person or entity
Doctrine of Sovereign Immunity the universally accepted principle that each nation has the right to manage its own
government and develop
its own laws.
Job Enlargement combining different tasks into one position
Job Rotation moving from one job to another job within an organization
Specialization by Trade the type of work that a person performs in order to earn a living, such as
engineering, public-relations, or accounting.
Frictional Unemployment occurs because there are always workers who are in transition
Structural Unemployment when the demand for certain types of workers declines and is often due to
technology advancements and the need for new skills
Administration Core Exam
2026 | Study Guide,
Practice Questions,
Answers, Rationales &
Exam Review | Complete
Ethics Study Guide
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales
Included
, Franchise a contractual agreement between a
parent company and a franchisee to distribute goods and services
Corporation a form of business ownership that is owned by stockholders who
have purchased units or shares of the company
Elastic Demand demand that changes according to changes in price
Inelastic Demand demand that is not affected by changes in price.
Unitary Demand when sales remain the
same because changes in supply and demand are equal
Tort a private wrongdoing that potentially harms another person or entity
Doctrine of Sovereign Immunity the universally accepted principle that each nation has the right to manage its own
government and develop
its own laws.
Job Enlargement combining different tasks into one position
Job Rotation moving from one job to another job within an organization
Specialization by Trade the type of work that a person performs in order to earn a living, such as
engineering, public-relations, or accounting.
Frictional Unemployment occurs because there are always workers who are in transition
Structural Unemployment when the demand for certain types of workers declines and is often due to
technology advancements and the need for new skills
