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PRAXIS Business-Education-Content-Knowledge-5101 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Entrepreneurship | 10% | - Entrepreneurship Fundamentals
|
| Economics | 10% | - Economic Concepts
|
| Accounting and Finance | 15% | - Accounting Principles
|
| Marketing and Management | 15% | - Marketing and Management Concepts
|
| Professional Business Education | 10% | - Teaching and Pedagogy
|
| Communication and Career Development | 15% | - Business Communication
|
| Law and International Business | 10% | - Business Law
|
| Information Technology | 15% | - Technology Applications
|
PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions:
To calculate the net worth of a business, an entrepreneur should subtract
- A. the liabilities from the current assets
- B. the current liabilities from the owner's equity
- C. the liabilities from the total assets
- D. the total expenditures from the total revenue
Correct Answer: C 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
Company A is the category leader in the orange juice industry and produces Product A at $3.00 per unit.
Company B is the second category leader in the industry and produces Product B at $2.70 per unit. Because an early frost affected the orange crop, Company A raised the price of Product A to $4.00 per unit. Company B subsequently raised the price of Product B to $3.60 per unit. Which of the following pricing strategies is Company B using for Product B?
- A. Discount pricing
- B. Premium pricing
- C. Dynamic parity
- D. Pure parity
Correct Answer: C 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
Which of the following types of charts is used with spreadsheets to show the relation between the fractional parts that make up a whole amount?
- A. Line charts
- B. Pie charts
- C. Flowcharts
- D. Scatter charts
Correct Answer: B 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
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. rise, then fall
- B. decrease
- C. increase
- D. remain unchanged
Correct Answer: C 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
Which of the following is an example of place utility?
- A. Goods or services are available at a convenient location when the consumer wants to buy them.
- B. Products requested by the consumer are ordered on demand.
- C. A business firm converts raw materials into finished products.
- D. Arrangements are made for the transfer of title from seller to buyer.
Correct Answer: A 🗳️
Explanation: Only visible for DumpsReview members. You can sign-up / login (it's free).
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