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

SectionWeightObjectives
Topic 1: Entrepreneurship10%- Business formation and entrepreneurship
  • 1. Business plans and ownership types
    • 2. Opportunity identification and entrepreneurial traits
      Topic 2: Economics10%- Micro and macroeconomic fundamentals
      • 1. Economic systems and indicators
        • 2. Supply and demand
          Topic 3: Communication and Career Development15%- Business communication and career readiness
          • 1. Written and oral communication
            • 2. Career research and employment preparation
              Topic 4: Law and International Business10%- Business law and global business
              • 1. International trade and business environments
                • 2. Contract law and consumer law
                  Topic 5: Accounting and Finance15%- Financial accounting principles and processes
                  • 1. Business and personal finance concepts (credit, investments)
                    • 2. Accounting cycle and financial statements
                      Topic 6: Information Technology15%- Business technology systems
                      • 1. IT concepts and operations
                        • 2. Office applications and data systems
                          Topic 7: Marketing and Management10%- Marketing principles and management functions
                          • 1. Marketing mix and strategies
                            • 2. Human resource and management principles
                              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. A business teacher shares details about an effective cross-curricular lesson plan with a math colleague who is working on a related subject. Which of the following directions of communication does the situation best represent?

                                  A) Horizontal
                                  B) Downward
                                  C) Upward
                                  D) Vertical


                                  2. Which of the following business education practices would effectively produce graduates with marketable employment skills?

                                  A) Keeping abreast of changes in computer software
                                  B) Maintaining enrollments at consistently high levels
                                  C) Keeping a checklist of equipment and materials to be ordered on an annual basis
                                  D) Creating an itemized list of students currently enrolled in the program


                                  3. In international trade, the practice of dumping refers to

                                  A) exporting high-quality products at a price equivalent to the cost of production
                                  B) exporting unwanted products out of the country of origin
                                  C) exporting normal-quality products at a price below the home market cost
                                  D) exporting low-quality products at a price above the normal value


                                  4. If a mortgage has a 12% annual rate of interest and a $45,375 principal balance at the start of June, what will the principal balance be at the end of June after a $650 payment is made?

                                  A) $44,731.50
                                  B) $45,178.75
                                  C) $45,172.25
                                  D) $44,725.00


                                  5. Ergonomics is the science that deals with which of the following?

                                  A) Organizing work flow to maximize the allocation of resources
                                  B) Managing by walking around
                                  C) Designing furniture or equipment to prevent repetitive-strain injuries
                                  D) Creating the work flow of a company, industry, department, or person


                                  Solutions:

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

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