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

1. Which of the following types of charts is used with spreadsheets to show the relation between the fractional parts that make up a whole amount?

A) Scatter charts
B) Pie charts
C) Line charts
D) Flowcharts

2. 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) $20
B) $45
C) $4
D) $25

3. Which of the following best describes the market structure of the soft drink industry?

A) A monopoly that restricts further competition
B) An oligopoly that requires a huge upfront investment
C) A monopoly that suffers from excessive competition
D) An oligopoly that carries tight government restrictions

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

5. Which of the following describes how a company is most likely to benefit from expanding a product line?

A) Expanding a product line lets the company expand a generic product line.
B) Customers who are loyal to the company's brands will be likely to try its new products.
C) Expanding a product line limits the company's allocation of preferred shelf space in the marketplace.
D) Consumers are assured that they can rely on consistency across all the company's brands.

Solutions: