Which statement is true about the 'Diamond outside' in DECA?

The 'Diamond outside' in DECA represents a broader view of what the organization aims to cultivate in its members, focusing on several key areas essential for well-rounded personal and professional development. One of the core components is being academically prepared, which highlights the importance of educational achievement and skills relevant to business and management. Additionally, being community-oriented underscores DECA's commitment to instilling values of civic responsibility and engagement, encouraging members to contribute positively to their communities. This holistic approach is what makes the 'Diamond outside' significant, as it recognizes that success in business is not only about individual achievements but also about how individuals can positively impact their environment and society at large.

The other options do not encapsulate the full breadth of the 'Diamond outside.' For instance, focusing solely on professional knowledge, emphasizing competition in business, or concentrating only on leadership skills misses the essential elements of academic preparedness and community orientation that are integral to the complete DECA experience.