DECA – Business
Management and Admin.
Cluster 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
, Communication Skills The ability to convey information to one another effectively and efficiently.
Economics Attempts to explain how wealth is created and distributed in communities, hoe
people allocate their resources and any matter that deals with human wants and
their satisfaction.
Ethics The basic concepts and fundamental principals of decent human conduct.
Information Management The process of collecting and analyzing data that can be used in the strategic
decision making process for a business.
Coordinate To bring the different elements of an activity or an organization into a relationship
that will ensure efficiency.
Purchasing To acquire goods or services to accomplish the goals of an organization.
Chain of Command The order in which authority and power in an organization is delegated from top
management to every employee at every level of the organization,
Organizational Goals The overall objectives, purpose and mission of a business that have been
established by its management and communicated to its employees.
Project Planned set of interrelated tasks to be executed over a fixed period and within
certain cost and other limitations.
Channels The path through which messages are delivered.
Tariff A tax on imports.
Commitments An engagement or obligation that restricts freedom of action
Management and Admin.
Cluster 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
, Communication Skills The ability to convey information to one another effectively and efficiently.
Economics Attempts to explain how wealth is created and distributed in communities, hoe
people allocate their resources and any matter that deals with human wants and
their satisfaction.
Ethics The basic concepts and fundamental principals of decent human conduct.
Information Management The process of collecting and analyzing data that can be used in the strategic
decision making process for a business.
Coordinate To bring the different elements of an activity or an organization into a relationship
that will ensure efficiency.
Purchasing To acquire goods or services to accomplish the goals of an organization.
Chain of Command The order in which authority and power in an organization is delegated from top
management to every employee at every level of the organization,
Organizational Goals The overall objectives, purpose and mission of a business that have been
established by its management and communicated to its employees.
Project Planned set of interrelated tasks to be executed over a fixed period and within
certain cost and other limitations.
Channels The path through which messages are delivered.
Tariff A tax on imports.
Commitments An engagement or obligation that restricts freedom of action
