BUSINESS-EDUCATION-CONTENT-KNOWLEDGE-5101 EXAM DUMP | BUSINESS-EDUCATION-CONTENT-KNOWLEDGE-5101 TEST SAMPLE ONLINE

Business-Education-Content-Knowledge-5101 Exam Dump | Business-Education-Content-Knowledge-5101 Test Sample Online

Business-Education-Content-Knowledge-5101 Exam Dump | Business-Education-Content-Knowledge-5101 Test Sample Online

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q117-Q122):

NEW QUESTION # 117
The depth and detail presented in a business plan will depend primarily on the

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

Answer: D

Explanation:
The depth and detail of a business plan are primarily determined by the size and scope of the new venture, as larger or more complex ventures require more comprehensive planning to address operational, financial, and market complexities. Option A (target market) influences the marketing section but not the overall plan's detail. Option B (entrepreneur's experience) may affect quality but not depth. Option D (capital obtained) is a result of the plan, not its determinant. This question aligns with the Entrepreneurship category, focusing on business planning.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Entrepreneurship; Entrepreneurship: Starting and Operating a Small Business, Chapter 7.


NEW QUESTION # 118
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 guarantees the correct career path.
  • C. It defines significant industry trends.
  • D. It reduces the chance of making a poor career choice.

Answer: D

Explanation:
A career assessment helps individuals identify their interests, skills, and values, reducing the likelihood of choosing an unsuitable career by providing informed guidance. Option A is incorrect, as no assessment guarantees a career path. Option B (industry trends) is not the primary focus of career assessments. Option C (high-demand field) is not ensured, as assessments prioritize fit over demand. This question falls under the Communication and Career Development category, focusing on career planning.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Career Development and Planning, Chapter 2.


NEW QUESTION # 119
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. $44,725.00
  • C. $45,172.25
  • D. $45,178.75

Answer: D

Explanation:
To calculate the new principal balance, first determine the monthly interest. The annual interest rate is 12%, so the monthly rate is 12% ÷ 12 = 1% or 0.01. The interest for June is 0.01 × $45,375 = $453.75. The $650 payment is applied first to interest ($453.75), leaving $650 # $453.75 = $196.25 to reduce the principal. New principal = $45,375 # $196.25 = $45,178.75. Option A, B, and C miscalculate the interest or principal reduction. This question tests mortgage calculations in the Accounting and Finance category.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Principles of Finance, Chapter 5.


NEW QUESTION # 120
An established company wants to find applicants who will stay with the company for at least one year if hired. Which of the following strategies is most effective in working toward the goal?

  • A. Encouraging mainly electronic applications
  • B. Rewarding current employees for referrals
  • C. Placing job ads in trade publications
  • D. Advertising job opportunities online

Answer: B

Explanation:
Rewarding current employees for referrals is effective for finding long-term employees, as existing staff are likely to recommend candidates who fit the company culture and are committed. Option A (online advertising) and Option C (trade publications) attract broad applicants but don't ensure retention. Option B (electronic applications) streamlines process but doesn't address longevity. This question aligns with the Management and Marketing category, emphasizing recruitment strategies.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Human Resource Management, Chapter 6.


NEW QUESTION # 121
Which of the following is a primary benefit of membership in a professional organization?

  • A. Input into local, state, and national issues
  • B. Increased annual salary
  • C. Guarantee of specialized employment
  • D. Decreased workload

Answer: A

Explanation:
Membership in a professional organization provides opportunities to influence policies and practices at local, state, and national levels through advocacy and networking. Option A (increased salary) is not guaranteed.
Option C (decreased workload) is unlikely. Option D (specialized employment) is not a direct benefit. This question falls under the Professional Business Education category, emphasizing professional development.
Reference:ETS Praxis Business Education: Content Knowledge (5101) StudyCompanion, Section on Professional Business Education; Career and Technical Education, Chapter 8.


NEW QUESTION # 122
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