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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q27-Q32):

NEW QUESTION # 27
Which of the following types of statements is referred to as a picture of a company in the future?

A. Closing statement
B. Vision statement
C. Value statement
D. Mission statement

Answer: B

Explanation:
A vision statement describes a company's future aspirations, providing a long-term picture of what it aims to become. Option A (closing statement) is not a business term in this context. Option B (mission statement) defines the company's purpose and current operations. Option C (value statement) outlines core beliefs or principles. This question aligns with the Entrepreneurship category, emphasizing strategic planning.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Entrepreneurship; Strategic Management, Chapter 2.

NEW QUESTION # 28
A manager meets with a shift supervisor to discuss the actions of a subordinate. After verifying the supervisor' s statements, the manager asks a few questions to clarify and confirm understanding of the issue. Which of the following types of listening is the manager using?

A. Selective
B. Casual
C. Empathetic
D. Reflective

Answer: D

Explanation:
Reflective listening involves actively verifying and clarifying information to ensure understanding, as the manager does by asking questions to confirm the supervisor's statements. Option A (empathetic) focuses on understanding emotions, not necessarily clarifying facts. Option B (casual) is informal and lacks focus.
Option C (selective) involves hearing only parts of the message, which is not the case here. This question aligns with the Communication and Career Development category, emphasizing effective listening skills.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 4.

NEW QUESTION # 29
Which of the following is a national association of marketing education students that provides teachers and members with activities to develop career skills in marketing, entrepreneurship, and management?

A. National Council on Economic Education (NCEE)
B. National Tech Prep Network (NTPN)
C. Distributive Education Clubs of America (DECA)
D. National Association of Supervisors for Business Education (NASBE)

Answer: C

Explanation:
Distributive Education Clubs of America (DECA) is a national association for marketing education students, offering activities and competitions to develop skills in marketing, entrepreneurship, and management. Option A (NTPN) supports tech prep programs, not marketing. Option C (NASBE) is for educators, not students.
Option D (NCEE) focuses on economic education. This question falls under the Professional Business Education category, emphasizing student organizations.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Professional Business Education; DECA National Guidelines.

NEW QUESTION # 30
Distribution, pricing, and promotion of the product are presented in which section of the business plan?

A. Organization
B. Production
C. Marketing
D. Merchandising

Answer: C

Explanation:
The marketing section of a business plan outlines strategies for distribution (how the product reaches customers), pricing (cost to customers), and promotion (advertising and sales efforts). Option B (production) focuses on manufacturing processes. Option C (merchandising) is a retail function, not a business plan section. Option D (organization) covers management structure. This question falls under the Management and Marketing category, focusing on business planning.
Reference:ETS Praxis Business Education: Content Knowledge (5101) StudyCompanion, Section on Management and Marketing; Entrepreneurship: Starting and Operating a Small Business, Chapter 7.

NEW QUESTION # 31
A business education teacher is preparing a lesson on contract law and wants to illustrate a scenario where a contract is voidable due to misrepresentation. Which of the following scenarios best demonstrates a voidable contract due to fraudulent misrepresentation?

A. An employer offers a job candidate a salary that is lower than advertised, but the candidate accepts without noticing the discrepancy.
B. A retailer sells a product with a minor defect that does not affect its functionality, and the buyer does not inspect the product before purchase.
C. A vendor sells a used laptop to a student, claiming it is new, knowing it was refurbished, and the student relies on this claim when purchasing.
D. A company signs a lease agreement with a landlord who mistakenly lists the wrong square footage, but the company signs without verifying the details.

Answer: C

Explanation:
A voidable contract can be canceled by one party due to fraudulent misrepresentation, which requires a false statement of fact, made knowingly or recklessly, with intent to induce reliance, and actual reliance causing harm. In Option A, the vendor's claim that the laptop is new, despite knowing it is refurbished, is a deliberate false statement, inducing the student's purchase, making the contract voidable due to fraud. Option B involves a mistake, not fraudulent misrepresentation, as there's no intent to deceive. Option C is a negotiation issue, not misrepresentation, as the offer was clear. Option D involves a minor defect, not a false statement of fact, and lacks fraudulent intent. This question tests nuanced understanding of contract law, a key area in the Business Law category, challenging candidates to distinguish between types of misrepresentation and contract enforceability, reflecting the Praxis 5101 exam's depth.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Business Law; Business Law: Text and Cases, Chapter 12.

NEW QUESTION # 32
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Quiz Latest PRAXIS - Latest Business-Education-Content-Knowledge-5101 Practice Materials

Three Easy-to-Use and Compatible Formats of Business-Education-Content-Knowledge-5101 Exam Questions

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q27-Q32):

First-Grade PRAXIS Business-Education-Content-Knowledge-5101: Latest Praxis Business Education: Content Knowledge (5101)Exam Practice Materials - Pass-Sure PDFDumps Dump Business-Education-Content-Knowledge-5101 Collection

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