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

1. According to the marketing concept, the focus of the marketing mix is the

A) customer
B) plan
C) competition
D) employee

2. Which of the following is a recommendation statement for a business report?

A) The network is not functioning correctly.
B) All employees should receive formal training on the network.
C) Over half of the employees could not complete an evaluation of the network.
D) Employees lack the confidence to use the network.

3. As a consequence of bankruptcies resulting from fraudulent accounting practices and lack of ethical behavior by corporate officials, the United States Congress passed legislation in 2002 in an attempt to increase the accountability of corporate executives. Which of the following laws did Congress pass for this purpose?

A) Sarbanes-Oxley Act
B) Provide Appropriate Tools Required to Intercept and Obstruct Terrorism (PATRIOT) Act
C) Consumer Credit Protection Act
D) Robinson-Patman Act

4. Which of the following file extensions indicates that the data are compressed?

A) .zip
B) .exe
C) .xml
D) .epub

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

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

Solutions: