Quiz PRAXIS - Pass-Sure VCE Business-Education-Content-Knowledge-5101 Dumps
Quiz PRAXIS - Pass-Sure VCE Business-Education-Content-Knowledge-5101 Dumps
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Free PDF Quiz PRAXIS - Business-Education-Content-Knowledge-5101 - Praxis Business Education: Content Knowledge (5101)Exam Useful VCE Dumps
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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q82-Q87):
NEW QUESTION # 82
Which of the following actions provides the best advantage for an international high-tech business over its global competitors?
- A. Paying ad valorem tariffs
- B. Enacting currency controls
- C. Applying concepts of planned economies
- D. Using developments created from research
Answer: D
Explanation:
An international high-tech business gains a competitive advantage by leveraging research and development (R&D) to create innovative products or processes, differentiating itself in the market. Option A (paying tariffs) increases costs, not advantages. Option B (currency controls) is a government policy, not a business action. Option C (planned economies) restricts market-driven innovation. This question aligns with the Economics category, emphasizing competitive strategies.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Strategic Management, Chapter 8.
NEW QUESTION # 83
Which THREE of the following are the primary responsibilities of a human resources department?
- A. Communicating employer policies and expectations
- B. Facilitating new employees' orientation
- C. Developing new product designs and production strategies
- D. Advising employees on privacy rights and health insurance options
- E. Compiling and posting financial statements
Answer: A,B,D
Explanation:
Human resources (HR) departments focus on employee-related functions. Option A (facilitating orientation) is a core HR responsibility to onboard new employees. Option C (communicating policies) ensures employees understand workplace expectations. Option E (advising on privacy and insurance) involves HR's role in employee benefits and compliance. Option B (financial statements) is a finance department task. Option D (product designs) belongs to product development or engineering. This question aligns with the Management and Marketing category, emphasizing HR functions.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Human Resource Management, Chapter 1.
NEW QUESTION # 84
Which of the following best describes the market structure of the soft drink industry?
- A. A monopoly that suffers from excessive competition
- B. A monopoly that restricts further competition
- C. An oligopoly that carries tight government restrictions
- D. An oligopoly that requires a huge upfront investment
Answer: D
Explanation:
The soft drink industry is an oligopoly, dominated by a few major firms (e.g., Coca-Cola, PepsiCo), requiring significant upfront investment for production, branding, and distribution. Option A is incorrect, as government restrictions are not uniquely tight. Option B (monopoly) is incorrect, as multiple firms compete.
Option D (monopoly with excessive competition) is contradictory and incorrect. This question falls under the Economics category, focusing on market structures.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Industrial Organization, Chapter 7.
NEW QUESTION # 85
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. Pie charts
- B. Line charts
- C. Scatter charts
- D. Flowcharts
Answer: A
Explanation:
Pie charts are used in spreadsheets to display the proportional relationship of fractional parts to a whole, such as percentages of a total amount. Option A (flowcharts) illustrates processes, not proportions. Option B (line charts) shows trends over time. Option C (scatter charts) displays relationships between variables. This question falls under the Information Technology category, focusing on data visualization.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Information Technology; Microsoft Excel Documentation, Chart Types.
NEW QUESTION # 86
To exchange one currency for another in international transactions, companies rely on a mechanism called the
- A. international equity market
- B. Eurocurrency market
- C. foreign exchange market
- D. international bond market
Answer: C
Explanation:
The foreign exchange market facilitates the exchange of one currency for another, enabling international transactions by determining exchange rates. Option A (Eurocurrency market) deals with currencies held outside their home country. Option C (international equity market) involves stock trading. Option D (international bond market) pertains to debt securities. This question aligns with the Economics category, focusing on international finance.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; International Economics, Chapter 13.
NEW QUESTION # 87
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