PRAXIS Business-Education-Content-Knowledge-5101 exam pdf dumps

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q60-Q65):

NEW QUESTION # 60
Distribution, pricing, and promotion of the product are presented in which section of the business plan?

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

Answer: B

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 # 61
Martha sold 1,000 poinsettia plants at $9 each and had 100 remaining in inventory. Joe sold 1,000 poinsettia plants at $8 each and had none remaining in inventory. Which of the following can be inferred from the scenario?

A. Martha's price is below equilibrium.
B. Joe's price and Martha's price are above equilibrium.
C. Joe's price and Martha's price are at equilibrium.
D. Only Joe's price is at equilibrium.

Answer: D

Explanation:
In a market, equilibrium price clears inventory (no surplus or shortage). Joe sold all 1,000 plants at $8 with no inventory left, suggesting his price is at equilibrium. Martha sold 1,000 plants at $9 but has 100 left, indicating a surplus, so her price is above equilibrium. Option A is incorrect, as Martha's price is not below equilibrium. Option B is incorrect, as Martha's price is not at equilibrium. Option D is incorrect, as Joe's price is at equilibrium. This question falls under the Economics category, focusing on supply and demand.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Principles of Economics, Chapter 4.

NEW QUESTION # 62
Karl's Cleaners has been successful in selling spray kitchen cleaners and disinfectants. The company will soon be introducing a new product called Karl's Sponges. Which of the following marketing strategies is Karl' s Cleaners most likely using?

A. Co-branding
B. Brand licensing
C. Brand extension
D. Brand insistence

Answer: C

Explanation:
Brand extension involves introducing a new product (Karl's Sponges) under an existing successful brand (Karl's Cleaners), leveraging brand recognition. Option A (co-branding) involves partnering with another brand. Option B (brand licensing) allows another company to use the brand. Option D (brand insistence) is a consumer behavior, not a strategy. This question falls under the Management and Marketing category, focusing on branding strategies.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Principles of Marketing, Chapter 9.

NEW QUESTION # 63
Which of the following is a form of secondary research?

A. Administering a questionnaire to employees
B. Observing customer behavior
C. Reviewing personnel data in company records
D. Interviewing an employee

Answer: C

Explanation:
Secondary research involves analyzing existing data or records, such as reviewing personnel data in company records. Options B, C, and D (interviewing, observing, administering questionnaires) are primary research methods, as they collect original data directly from sources. This question falls under the Communication and Career Development category, focusing on research methods in business contexts.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Research Methods, Chapter 5.

NEW QUESTION # 64
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. 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.
B. 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.
C. A company signs a lease agreement with a landlord who mistakenly lists the wrong square footage, but the company signs without verifying the details.
D. An employer offers a job candidate a salary that is lower than advertised, but the candidate accepts without noticing the discrepancy.

Answer: B

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 # 65
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PRAXIS Business-Education-Content-Knowledge-5101 exam pdf dumps

Business-Education-Content-Knowledge-5101 Exam Discount Voucher - Demo Business-Education-Content-Knowledge-5101 Test

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q60-Q65):

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