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

1. Which of the following is a key advantage of using a performance-based task to assess learning in a business education curriculum?

A) It allows affective, cognitive, and psychomotor capabilities to be assessed simultaneously.
B) It requires less time to administer than other forms of assessment.
C) It is easily compared to other traditional forms of assessment based on objective criteria established in the curriculum.
D) It allows the performance of individual students to be compared to that of other students.

2. Which of the following is a line of credit for which a customer pays a commitment fee and is then allowed to use the funds when they are needed?

A) Service credit
B) Revolving credit
C) Trade credit
D) Installment credit

3. Which of the following is the most effective way for a school to ensure that the content of a business program meets the hiring requirements of local employers?

A) Soliciting feedback from local industry leaders
B) Developing career research projects to engage students
C) Creating a partnership with the local business community
D) Hosting a career day that features local employment opportunities

4. Which of the following forms of business ownership is treated as a legal person separate and distinct from its owners and can initiate a legal action on its own behalf?

A) General partnership
B) Homeowners' association
C) For-profit corporation
D) Syndicate

5. Which of the following components of a business plan primarily illustrates industry knowledge as well as any industry research findings and conclusions?

A) Service or product line
B) Market analysis
C) Organization and management
D) Executive summary

Solutions: