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

SectionWeightObjectives
Topic 1: Law and International Business15%- Legal principles affecting business
  • 1. Employment and consumer law
  • 2. Contract law, property rights, and liability
- Global business environment
  • 1. International trade and finance
  • 2. Cultural, political, and economic factors in global business
Topic 2: Accounting and Finance15%- Personal and business financial management
  • 1. Savings, investment, and credit management
  • 2. Financial institutions and services
  • 3. Risk management and insurance
- Fundamental accounting concepts and processes
  • 1. Accounting cycle and procedures
  • 2. Preparation and interpretation of financial statements
Topic 3: Communication and Career Development13%- Business communication principles and practices
  • 1. Business correspondence and reports
  • 2. Written, oral, and digital communication
- Career development and employability skills
  • 1. Professional ethics and workplace behavior
  • 2. Career planning and job search strategies
Topic 4: Professional Business Education7%- Curriculum and instruction
  • 1. Business education standards and frameworks
  • 2. Teaching strategies and assessment methods
- Program and career guidance
  • 1. Program development and management
  • 2. Career and technical education pathways
Topic 5: Management and Marketing12%- Management principles and functions
  • 1. Human resources and operations management
  • 2. Planning, organizing, leading, and controlling
- Marketing concepts and strategies
  • 1. Marketing mix and market analysis
  • 2. Customer relations and promotion
Topic 6: Economics13%- Fundamental economic concepts
  • 1. Scarcity, opportunity cost, and factors of production
  • 2. Supply, demand, and market equilibrium
- Economic systems and performance
  • 1. Role of government in economy
  • 2. Market, command, and mixed economies
  • 3. Economic indicators, growth, and stability
Topic 7: Information Technology15%- Technology concepts and tools
  • 1. Data management and security
  • 2. Hardware, software, and networking systems
- Technology applications in business
  • 1. Productivity and business software
  • 2. Emerging technologies and trends
Topic 8: Entrepreneurship10%- Entrepreneurial concepts and processes
  • 1. Identifying opportunities and feasibility analysis
  • 2. Characteristics of entrepreneurs
- Business organization and planning
  • 1. Forms of business ownership
  • 2. Business plan development

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

Question 1

A manager meets with a shift supervisor to discuss the actions of a subordinate. After verifying the supervisor' s statements, the manager asks a few questions to clarify and confirm understanding of the issue. Which of the following types of listening is the manager using?

A. Selective
B. Reflective
C. Empathetic
D. Casual


Question 2

Which of the following file extensions indicates that the data are compressed?

A. .xml
B. .exe
C. .epub
D. .zip


Question 3

Distribution, pricing, and promotion of the product are presented in which section of the business plan?

A. Merchandising
B. Production
C. Organization
D. Marketing


Question 4

Which of the following statements best describes a recession?

A. The amount of goods a given amount of money buys declines.
B. Businesses expand production and unemployment rises.
C. Demand for goods and services rises and productivity falls.
D. Demand for goods and services falls and unemployment rises.


Question 5

Research indicates that government warnings can affect buying patterns. A recent federal research report links red-meat consumption to poor health. Another report praises chicken as a healthy meat alternative. If other market conditions remain the same, the price of chicken will probably

A. remain unchanged
B. increase
C. rise, then fall
D. decrease


Solutions:

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

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