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

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

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

                                  1. Which of the following government practices is most likely to result in a budget surplus?

                                  A) Revenue exceeds spending.
                                  B) Revenue and spending are equal.
                                  C) Social welfare programs are expanding.
                                  D) Spending exceeds revenue.


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

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


                                  3. Which of the following is a national association of marketing education students that provides teachers and members with activities to develop career skills in marketing, entrepreneurship, and management?

                                  A) National Tech Prep Network (NTPN)
                                  B) Distributive Education Clubs of America (DECA)
                                  C) National Council on Economic Education (NCEE)
                                  D) National Association of Supervisors for Business Education (NASBE)


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


                                  5. Which of the following types of statements is referred to as a picture of a company in the future?

                                  A) Value statement
                                  B) Closing statement
                                  C) Vision statement
                                  D) Mission statement


                                  Solutions:

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

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