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PRAXIS Business-Education-Content-Knowledge-5101 Practice test is an integral part of Praxis Business Education: Content Knowledge (5101)Exam (Business-Education-Content-Knowledge-5101) exam preparation. PracticeTorrent offers desktop-based Business-Education-Content-Knowledge-5101 practice exam software and web-based Praxis Business Education: Content Knowledge (5101)Exam (Business-Education-Content-Knowledge-5101) practice test that simulates the real Praxis Business Education: Content Knowledge (5101)Exam (Business-Education-Content-Knowledge-5101) exam environment. These Praxis Business Education: Content Knowledge (5101)Exam (Business-Education-Content-Knowledge-5101) practice tests are designed to help identify strengths and weaknesses.

PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q110-Q115):

NEW QUESTION # 110
Which of the following steps in new product development should occur first?

A. Commercialization
B. Idea evaluation
C. Business analysis
D. Idea generation

Answer: D

Explanation:
Idea generation is the first step in new product development, involving brainstorming and identifying potential product concepts. Option B (idea evaluation) follows to screen ideas. Option C (business analysis) assesses feasibility after screening. Option D (commercialization) is the final launch step. This question aligns with the Management and Marketing category, focusing on product development processes.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Principles of Marketing, Chapter 8.

NEW QUESTION # 111
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. Casual
B. Reflective
C. Empathetic
D. Selective

Answer: B

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 # 112
Which of the following is the best example of engaging with an external business communication?

A. Reading a Material Safety Data Sheet for a recently purchased chemical product
B. Considering an invitation from quality control to attend a Six Sigma meeting
C. Analyzing an annual draft stock report from the chief financial officer
D. Studying recruits' personality test scores prepared by human resources

Answer: A

Explanation:
External business communication involves interactions or information exchange with entities outside the organization. Reading a Material Safety Data Sheet (MSDS) for a purchased chemical product involves engaging with information provided by an external supplier or regulatory body, making it the best example.
Option A (Six Sigma meeting) is internal, as quality control is within the organization. Option B (stock report) and Option C (personality test scores) are also internal, generated by the CFO and HR, respectively.
This question aligns with the Communication and Career Development category, emphasizing external communication.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Business Communication, Chapter 2.

NEW QUESTION # 113
Which of the following is a primary purpose of financial markets?

A. Allocating capital efficiently
B. Controlling inflation
C. Increasing the price of common stock
D. Lowering the yield on bonds

Answer: A

Explanation:
Financial markets facilitate the allocation of capital by connecting investors with businesses and governments needing funds, ensuring resources are directed to productive uses. Option B (controlling inflation) is a monetary policy function, primarily handled by central banks. Option C (increasing stock prices) is not a primary purpose, as stock prices fluctuate based on market dynamics. Option D (lowering bond yields) is an outcome of market conditions, not a purpose. This question aligns with the Accounting and Finance category, emphasizing the role of financial systems.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Financial Markets and Institutions, Chapter 1.

NEW QUESTION # 114
The interest rate on short-term loans that large banks charge their commercial borrowers who have excellent credit ratings is called the

A. prime rate
B. market rate
C. funds rate
D. discount rate

Answer: A

Explanation:
The prime rate is the interest rate that large banks charge their most creditworthy commercial borrowers for short-term loans. It serves as a benchmark for other lending rates. Option A (funds rate) refers to the federal funds rate, the rate at which banks lend to each other overnight. Option B (market rate) is a generic term and not specific to this context. Option C (discount rate) is the rate the Federal Reserve charges banks for short- term loans. The prime rate is a key concept in the Accounting and Finance category of the Praxis 5101 exam, as it relates to business financing and credit.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Accounting and Finance; Principles of Finance, Chapter 6.

NEW QUESTION # 115
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