Action is the action object that is associated with the control. Actions allow an application to centralize the response to user commands. When a control is associated with an action, the action determines the appropriate properties and events of the control (such as whether the control is enabled or how it responds to an OnClick event). 

To create actions at design time, place an action list component on a form or data module. Double click the action list to bring up the action list editor. Add actions in the editor using its context menu. Once the actions have been added using the action list editor, they appear in the drop-down list for the Action property in the Object Inspector.