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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q17-Q22):
NEW QUESTION # 17
Which of the following sentences is free of any gender, nationality, age, or race bias?
- A. Cho Yung is a hardworking exchange student who excels in science.
- B. We need someone young and energetic to man the stockroom.
- C. His conservative views will benefit the company's bottom line.
- D. Firemen are the bravest and most courageous people in the world.
Answer: A
Explanation:
Option D is free of bias, as it describes an individual's attributes (hardworking, excels in science) without stereotyping based on gender, nationality, age, or race. Option A uses "firemen," a gender-specific term, implying exclusion of women. Option B uses "his," assuming a male subject, introducing gender bias. Option C specifies "young," indicating age bias, and "man," suggesting gender bias. This question tests workplace communication ethics under the Communication and Career Development category.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 3.
NEW QUESTION # 18
To exchange one currency for another in international transactions, companies rely on a mechanism called the
- A. Eurocurrency market
- B. foreign exchange market
- C. international equity market
- D. international bond market
Answer: B
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 # 19
Which of the following terms refers to a prescribed code of behavior for communicating over the Internet?
- A. Privacy
- B. Piracy
- C. Hacking
- D. Netiquette
Answer: D
Explanation:
Netiquette refers to the set of informal rules and etiquette governing respectful and appropriate communication on the Internet. Option A (privacy) relates to data protection, not communication behavior.
Option B (piracy) involves illegal copying of software or media. Option C (hacking) refers to unauthorized system access. This question falls under the Information Technology category, focusing on online communication standards.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Information Technology; Introduction to Business Information Systems, Chapter 8.
NEW QUESTION # 20
Which of the following best describes the relationship between a firm's assets, liabilities, and owners' equity?
- A. The statement of cash flows
- B. Net worth
- C. The accounting equation
- D. An annual report
Answer: C
Explanation:
The accounting equation, Assets = Liabilities + Owners' Equity, defines the relationship between a firm's resources (assets), obligations (liabilities), and owners' residual claims (equity). Option A (net worth) is a derived value, not the equation itself. Option B (statement of cash flows) tracks cash movements, not this relationship. Option C (annual report) is a comprehensive document, not a specific equation. This is a core concept in the Accounting and Finance category.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Accounting Principles, Chapter 1.
NEW QUESTION # 21
Which of the following is the most effective way for a company to address a service recovery problem?
- A. Having only customer service employees deal directly with the customer to solve the problem
- B. Offering the customer an apology for the problem, and then assuming the issue has been resolved
- C. Involving the customer, managers, and frontline employees to address and fix the problem
- D. Providing the customer with compensation for the problem, no matter the cost
Answer: C
Explanation:
Effective service recovery involves collaboration among the customer, managers, and frontline employees to understand and resolve the issue, ensuring satisfaction and learning. Option A limits involvement to customer service, potentially missing broader insights. Option C (apology only) may not resolve the issue. Option D (unlimited compensation) is unsustainable. This question aligns with the Management and Marketing category, focusing on customer service.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Services Marketing, Chapter 7.
NEW QUESTION # 22
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