Business Administration Core for 2025-2026 HS DECA Exams

A collection of vocabulary flashcards based on key concepts from the Business Administration Core for 2025-2026 HS DECA Exams.

Business Law (BL)

The area of law that deals with the rights, relations, and conduct of individuals and businesses engaged in commerce.

Civil Foundations

The legal basis that governs the rights and obligations of individuals and organizations.

Civics

The study of the rights and duties of citizenship and the workings of government.

Intellectual Property

Creations of the mind, such as inventions, artistic works, and symbols, that are legally protected.

Torts

Wrongful acts leading to civil legal liability.

Legally Binding Contracts

Agreements that are enforceable by law.

Debtor-Creditor Relationships

Legal relationships between individuals and businesses involved in credit transactions.

Agency Relationships

Legal relationships where one party (the agent) acts on behalf of another party (the principal).

Environmental Law

A body of laws that regulate the interaction between human activities and the natural environment.

Administrative Law

The body of law that governs the activities of administrative agencies of government.

Types of Business Ownership

Different legal forms of business entities, including sole proprietorships, partnerships, and corporations.

Import/Export Law

Regulations that govern the exchange of goods and services across international borders.

Communication Skills (CO)

The abilities used to convey or share ideas and information.

Active Listening

Fully concentrating, understanding, responding, and remembering what is being said.

Verbal Skills

The abilities to convey information effectively through spoken language.

Professional Writing

Formal written communication used in business, including emails and reports.

Customer Relations (CR)

The management of interactions between a business and its customers.

Conflict Resolution

The process of resolving a dispute or a conflict.

Economic Principles (EC)

The foundational theories and concepts that govern the economy.

Financial Analysis (FI)

The assessment of the viability, stability, and profitability of a business, sub-business, or project.

Human Resources Management (HR)

The organizational function that manages all aspects of the employment relationship.

Operations Management (OP)

The administration of business practices to create the highest level of efficiency possible.

Strategic Management (SM)

The process of formulating, implementing, and evaluating decisions that enable an organization to achieve its objectives.