EXAMCOLLECTION BUSINESS-EDUCATION-CONTENT-KNOWLEDGE-5101 DUMPS | VALID BUSINESS-EDUCATION-CONTENT-KNOWLEDGE-5101 STUDY MATERIALS

Examcollection Business-Education-Content-Knowledge-5101 Dumps | Valid Business-Education-Content-Knowledge-5101 Study Materials

Examcollection Business-Education-Content-Knowledge-5101 Dumps | Valid Business-Education-Content-Knowledge-5101 Study Materials

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PRAXIS Praxis Business Education: Content Knowledge (5101)Exam Sample Questions (Q48-Q53):

NEW QUESTION # 48
The primary goal of just-in-time inventory planning is to

  • A. reduce ordering costs
  • B. reduce the amount of inventory kept on hand
  • C. reduce the likelihood of running out of inventory
  • D. increase the space allocated for storing inventory

Answer: B

Explanation:
Just-in-time (JIT) inventory planning aims to minimize inventory levels by receiving goods only as needed, reducing storage costs and waste. Option A (ordering costs) is a secondary benefit. Option C (avoiding stockouts) is a concern but not the primary goal. Option D (increasing storage) contradicts JIT principles. This question aligns with theManagement and Marketing category, emphasizing operations management.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Operations Management, Chapter 12.


NEW QUESTION # 49
If margarine and butter are substitute goods, which of the following will result in an increase in the demand for margarine?

  • A. A decrease in the price of butter
  • B. An increase in the supply of margarine
  • C. A decrease in the supply of margarine
  • D. An increase in the price of butter

Answer: D

Explanation:
Substitute goods can replace each other in consumption. If the price of butter increases, consumers are likely to switch to margarine, increasing its demand. Option B (increased margarine supply) shifts supply, not demand. Option C (decreased margarine supply) reduces availability, potentially increasing price but not demand. Option D (decreased butter price) would decrease margarine demand, as consumers prefer cheaper butter. This question falls under the Economics category, emphasizing demand determinants.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Economics; Principles of Economics, Chapter 3.


NEW QUESTION # 50
Which of the following is the best reason for completing a career assessment?

  • A. It guarantees the correct career path.
  • B. It ensures a career in a high-demand field.
  • C. It defines significant industry trends.
  • D. It reduces the chance of making a poor career choice.

Answer: D

Explanation:
A career assessment helps individuals identify their interests, skills, and values, reducing the likelihood of choosing an unsuitable career by providing informed guidance. Option A is incorrect, as no assessment guarantees a career path. Option B (industry trends) is not the primary focus of career assessments. Option C (high-demand field) is not ensured, as assessments prioritize fit over demand. This question falls under the Communication and Career Development category, focusing on career planning.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Communication and Career Development; Career Development and Planning, Chapter 2.


NEW QUESTION # 51
Which of the following is the best example of engaging with an external business communication?

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

Answer: D

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 # 52
In Jennifer's workplace, employees are encouraged to participate in problem-solving and quality improvement. Which of the following is true about Jennifer's employer?

  • A. Her employer takes a hands-off approach.
  • B. Her employer needs to be more proactive.
  • C. Her employer practices employee empowerment.
  • D. Her employer risks encouraging power struggles.

Answer: C

Explanation:
Encouraging employee participation in problem-solving and quality improvement reflectsemployee empowerment, where workers are given authority and responsibility to contribute to organizational goals.
Option A (power struggles) is a potential risk but not the primary outcome. Option C (more proactive) is incorrect, as the employer is already proactive. Option D (hands-off) contradicts active encouragement. This question aligns with the Management and Marketing category, emphasizing management practices.
Reference:ETS Praxis Business Education: Content Knowledge (5101) Study Companion, Section on Management and Marketing; Management: Leading & Collaborating, Chapter 14.


NEW QUESTION # 53
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