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

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

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

1. Which of the following best describes the purpose of tabs in word-processing software?

A) To create graphics
B) To wrap text around a graphic
C) To single-space lines of text
D) To position text within a line


2. A company's financial statements show the following for the fiscal year: total assets of $1,200,000, total liabilities of $750,000, net income of $150,000, and dividends paid of $50,000. The company has no preferred stock, and the beginning retained earnings were $200,000. What is the company's ending retained earnings?

A) $400,000
B) $300,000
C) $250,000
D) $350,000


3. A warehouse manager wants to clarify the date and time of an employee meeting and sends an instant message (IM) to another manager in the warehouse. The use of IM is considered acceptable because the sender is most likely to be

A) finishing a sensitive discussion
B) needing an immediate response
C) avoiding a permanent record
D) multitasking during a meeting


4.


5. The easiest and most popular business structure to implement is a

A) corporation
B) limited liability company
C) partnership
D) sole proprietorship


Solutions:

Question # 1
Answer: D
Question # 2
Answer: B
Question # 3
Answer: B
Question # 4
Answer: Only visible for members
Question # 5
Answer: D

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