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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Economics10%- Micro and macroeconomic fundamentals
  • 1. Economic systems and indicators
    • 2. Supply and demand
      Topic 2: Information Technology15%- Business technology systems
      • 1. IT concepts and operations
        • 2. Office applications and data systems
          Topic 3: Professional Business Education10%- Teaching and professional practice
          • 1. Career and technical education standards
            • 2. Pedagogy and instructional methods
              Topic 4: Accounting and Finance15%- Financial accounting principles and processes
              • 1. Business and personal finance concepts (credit, investments)
                • 2. Accounting cycle and financial statements
                  Topic 5: Entrepreneurship10%- Business formation and entrepreneurship
                  • 1. Opportunity identification and entrepreneurial traits
                    • 2. Business plans and ownership types
                      Topic 6: Marketing and Management10%- Marketing principles and management functions
                      • 1. Marketing mix and strategies
                        • 2. Human resource and management principles
                          Topic 7: Communication and Career Development15%- Business communication and career readiness
                          • 1. Career research and employment preparation
                            • 2. Written and oral communication
                              Topic 8: Law and International Business10%- Business law and global business
                              • 1. International trade and business environments
                                • 2. Contract law and consumer law

                                  PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:

                                  Question 1

                                  Which of the following is the standard guideline for managing financial risk?

                                  A. Capitalization
                                  B. Securitization
                                  C. Liquidization
                                  D. Diversification


                                  Question 2

                                  Which of the following is a primary reason for a country to employ the policy of protectionism?

                                  A. New jobs are created in areas such as global trade.
                                  B. Consumers have more choice in the variety, price, and quality of products.
                                  C. Foreign competition can lower the demand for products made domestically.
                                  D. Competition forces businesses to be more efficient and productive.


                                  Question 3

                                  Which of the following is a primary purpose of financial markets?

                                  A. Lowering the yield on bonds
                                  B. Allocating capital efficiently
                                  C. Increasing the price of common stock
                                  D. Controlling inflation


                                  Question 4

                                  Which of the following describes how a company is most likely to benefit from expanding a product line?

                                  A. Consumers are assured that they can rely on consistency across all the company's brands.
                                  B. Expanding a product line lets the company expand a generic product line.
                                  C. Expanding a product line limits the company's allocation of preferred shelf space in the marketplace.
                                  D. Customers who are loyal to the company's brands will be likely to try its new products.


                                  Question 5

                                  The Robinson-Patman Act was initially enacted for which of the following purposes?

                                  A. To eliminate price discrimination in interstate commerce
                                  B. To protect employees from job discrimination
                                  C. To eliminate price discrimination in intrastate commerce
                                  D. To provide employees with a safe work environment


                                  Solutions:

                                  Question 1
                                  Answer: D
                                  Question 2
                                  Answer: C
                                  Question 3
                                  Answer: B
                                  Question 4
                                  Answer: D
                                  Question 5
                                  Answer: A

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