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

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

1. Which of the following is characteristic of a laissez-faire management style?

A) Permitting employees to make independent decisions and providing only general guidance
B) Taking charge and solely developing policies and procedures
C) Asking for employee input but failing to follow up on suggestions
D) Seeking input of all workers yet exercising total control

2. Which of the following steps in new product development should occur first?

A) Commercialization
B) Business analysis
C) Idea generation
D) Idea evaluation

3. Which of the following is a primary benefit of membership in a professional organization?

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

4. Which of the following government practices is most likely to result in a budget surplus?

A) Social welfare programs are expanding.
B) Revenue and spending are equal.
C) Revenue exceeds spending.
D) Spending exceeds revenue.

5. Which of the following best defines a legally enforceable contract?

A) Agreement, consideration, and the mandatory inclusion of gift promises and moral obligations
B) Agreement, consideration, and the mandatory requirement that only one of the parties is required to be rational and sane
C) Agreement, consideration, contractual capacity, and the mandatory requirement that the object of the contract is lawful
D) Consideration without the mandatory requirement of mutual assent by the parties of the offer and acceptance

Solutions: