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

SectionWeightObjectives
Topic 1: Economics13%- Economic systems and performance
  • 1. Economic indicators, growth, and stability
  • 2. Role of government in economy
  • 3. Market, command, and mixed economies
- Fundamental economic concepts
  • 1. Supply, demand, and market equilibrium
  • 2. Scarcity, opportunity cost, and factors of production
Topic 2: Accounting and Finance15%- Personal and business financial management
  • 1. Financial institutions and services
  • 2. Savings, investment, and credit management
  • 3. Risk management and insurance
- Fundamental accounting concepts and processes
  • 1. Accounting cycle and procedures
  • 2. Preparation and interpretation of financial statements
Topic 3: Professional Business Education7%- Curriculum and instruction
  • 1. Business education standards and frameworks
  • 2. Teaching strategies and assessment methods
- Program and career guidance
  • 1. Program development and management
  • 2. Career and technical education pathways
Topic 4: Law and International Business15%- Legal principles affecting business
  • 1. Employment and consumer law
  • 2. Contract law, property rights, and liability
- Global business environment
  • 1. International trade and finance
  • 2. Cultural, political, and economic factors in global business
Topic 5: Entrepreneurship10%- Entrepreneurial concepts and processes
  • 1. Characteristics of entrepreneurs
  • 2. Identifying opportunities and feasibility analysis
- Business organization and planning
  • 1. Forms of business ownership
  • 2. Business plan development
Topic 6: Management and Marketing12%- Marketing concepts and strategies
  • 1. Customer relations and promotion
  • 2. Marketing mix and market analysis
- Management principles and functions
  • 1. Human resources and operations management
  • 2. Planning, organizing, leading, and controlling
Topic 7: Information Technology15%- Technology concepts and tools
  • 1. Hardware, software, and networking systems
  • 2. Data management and security
- Technology applications in business
  • 1. Emerging technologies and trends
  • 2. Productivity and business software
Topic 8: 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

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

1. The depth and detail presented in a business plan will depend primarily on the

A) experience of the entrepreneur
B) target market of the new venture
C) size and scope of the new venture
D) amount of capital obtained


2. A valuable student benefit of school-based enterprises (SBEs) is that SBEs provide students an opportunity to

A) develop a skill in lieu of attending college
B) learn and connect with real-world skills
C) earn extra money during the school day
D) work during study hall and lunch periods


3. Which of the following is the best reason for completing a career assessment?

A) It ensures a career in a high-demand field.
B) It reduces the chance of making a poor career choice.
C) It guarantees the correct career path.
D) It defines significant industry trends.


4. A small hardware store purchases 5 hammers for $5 each and sells the hammers for $9 each. Which of the following amounts represents the total gross profit?

A) $45
B) $25
C) $4
D) $20


5. 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) increase
C) decrease
D) remain unchanged


Solutions:

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

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