Praxis 5101 - Study guides, Class notes & Summaries

According to research, the competency most needed for success in most business occupations today is... Option (B), communication skills, is correct. Computer literacy, records management, and time management are all skills that can be taught and improved by a business. Communication skills are the one competency that employees must possess as they enter the job. An employee is concerned about the conduct of a colleague. Which of the following is the most appropriate way for the employee to ad...

Business Praxis 5101: Information Technology 100% Correct Bits binary digits;s the smallest unit of data in a computer. It has a single binary value, either 0 or 1. URL's uniform resource locators, addresses of web pages. Bytes used to measure computer memory and storage; is a unit of data that is eight binary digits long. it is the unit most computers use to represent a character such as a letter, number or typographic symbol. USB Flash Drives plug into a USB port on a computer or mobile de...

PRAXIS 5101 Exam 2023 Assets - ANS-Something valuable that an entity owns, benefits from, or has use of, in generating income. Different types of assets - ANS-Fixed, variable, intangible, tangible examples of fixed assets - ANS-Tangible assets used to generate profit and will not be turned into cash within the year: "plant," land, computer equipment, furniture, cars, buildings, and equipment used to make products What are variable assets - ANS-May be transformed to cash sooner; inve...

Praxis Business 5101 Economics Section Latest Update Graded A microeconomics shows how individuals and small organizations act and make decisions elasticity how one variable changes in response to another price elasticity of demand formula PED=(%change in the quantity demanded / (%change in the price) inelastic increased price will result in increased revenue scarcity limited resources for unlimited wants in people scarce resources land, labor, and capital scarce fewer units available than...

Praxis 5101: Professional Business Education Latest Update Graded A Business School University-level institution that confers degrees in business administration or management Initiative An individual's ability to take steps without direct guidance Occupational Safety and Health Act (OSHA) Created to protect worker and health. Its main aim was to ensure that employers provide their workers with an environment free from dangers to their safety and health, such as exposure to toxic chemicals, ex...

Business 5101 Praxis Practice Questions with Certified Solutions Command Economy Govt. Controlling Prices & Production Security&Exchange Commission(SEC) responsibilities: Regulate securities, investigate insider trading, process applications for initial public offerings(IPO's) Product demand is directly influenced by: Customer's desire for product and ability to obtain product Sarbanes-Oxley Act of 2002 Fight corporate & accounting fraud Buyer's Market Product availability exceeds demand ...

PRAXIS 5101 PROFESSIONAL BUSINESS EDUCATION ACTUAL UPDATE

Command Economy - correct answer Govt. Controlling Prices & Production Security&Exchange Commission(SEC) responsibilities: - correct answer Regulate securities, investigate insider trading, process applications for initial public offerings(IPO's) Customer's desire for product and ability to obtain product - correct answer Product demand is directly influenced by: Sarbanes-Oxley Act of 2002 - correct answer Fight corporate & accounting fraud Buyer's Market - correct answer Product ...

Assets Something valuable that an entity owns, benefits from, or has use of, in generating income. Different types of assets Fixed, variable, intangible, tangible examples of fixed assets Tangible assets used to generate profit and will not be turned into cash within the year: "plant," land, computer equipment, furniture, cars, buildings, and equipment used to make products What are variable assets May be transformed to cash sooner; inventory of product and accounts receivable What...

Praxis 5101: Accounting & Finance (15% of test 18 questions) fully solved