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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Entrepreneurship | 10% | - Business organization and planning
|
| Economics | 13% | - Economic systems and performance
|
| Management and Marketing | 12% | - Management principles and functions
|
| Communication and Career Development | 13% | - Business communication principles and practices
|
| Professional Business Education | 7% | - Program and career guidance
|
| Information Technology | 15% | - Technology applications in business
|
| Accounting and Finance | 15% | - Personal and business financial management
|
| Law and International Business | 15% | - Legal principles affecting business
|
PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:
If margarine and butter are substitute goods, which of the following will result in an increase in the demand for margarine?
- A. An increase in the supply of margarine
- B. A decrease in the price of butter
- C. An increase in the price of butter
- D. A decrease in the supply of margarine
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
In international trade, the practice of dumping refers to
- A. exporting unwanted products out of the country of origin
- B. exporting normal-quality products at a price below the home market cost
- C. exporting high-quality products at a price equivalent to the cost of production
- D. exporting low-quality products at a price above the normal value
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
The depth and detail presented in a business plan will depend primarily on the
- A. experience of the entrepreneur
- B. target market of the new venture
- C. amount of capital obtained
- D. size and scope of the new venture
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
Martha sold 1,000 poinsettia plants at $9 each and had 100 remaining in inventory. Joe sold 1,000 poinsettia plants at $8 each and had none remaining in inventory. Which of the following can be inferred from the scenario?
- A. Joe's price and Martha's price are at equilibrium.
- B. Martha's price is below equilibrium.
- C. Only Joe's price is at equilibrium.
- D. Joe's price and Martha's price are above equilibrium.
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
Which of the following types of interviews should be conducted to ensure that assessments by key people are included in the hiring process?
- A. Structured interviews
- B. Stress interviews
- C. Sequential interviews
- D. Behavioral interviews
Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).
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