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

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

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

1. Which of the following terms is best defined as the unscrupulous acquisition of financial information on the Internet?

A) Phishing
B) Downloading
C) Spamming
D) Blogging


2. Stacey has just received her first paycheck. As a responsible spender, Stacey pays her housing, food, and necessary clothing expenses first. The money that remains after paying those expenses is called

A) supplementary income
B) disposable income
C) discretionary income
D) passive income


3.


4. If margarine and butter are substitute goods, which of the following will result in an increase in the demand for margarine?

A) A decrease in the supply of margarine
B) An increase in the price of butter
C) A decrease in the price of butter
D) An increase in the supply of margarine


5. Processing and organizing data to create, store, and retrieve documents is best known as

A) file management
B) database management
C) outsourcing
D) formatting


Solutions:

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

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