MTEL Business Test Breakdown
Business Management has 6 subareas with a total of 20 to 22 questions.
- Functions of Business Management: application of the principles of planning, controlling, organizing and directing to solve problems and meet company goals.
- Organizational, Group and Individual Behavior: how corporate culture, formal and informal groups, leadership styles, change, group dynamics, morale and conflict resolution affect management.
- Human Resource Management and Development: training and staff development, and various decisions, actions and legal issues that directly affect personnel.
- Ethical and Social Responsibility in business: how worker privacy, conflicts of interest, international situations and public relations choices affect the decisions of management.
- Business Law and the Legal Environment: acquisition, ownership and disposition of businesses, employment, consumer and environmental laws and regulations, and US and international laws and regulations.
- Marketing Decisions: social, cultural and economic factors that affect marketing and the collection, interpretation and use of demographic data.
Accounting has 4 subareas with a total of 13 to 15 questions.
- Principles and Applications: accounting equation, cycle, documents, software and the quantitative and qualitative characteristics.
- Processing Data: components of the accounting cycle, source documents, posting various transactions and knowledge of reconciliations, financial statements and a trial balance.
- Advanced Concepts and Procedures: computing financial ratios, principles governing partnerships and corporations and understanding of inventory, payroll and tangible and intangible assets.
- Financial Statements: types and characteristics of each; use in decision-making and preparing budgets.
Business Technology and Information Systems has five subareas with a total of 18 to 20 questions.
- Business Communications: business terminology, writing and speaking for the specific audience, media to communicate various messages, developing oral and written reports, and methods to ensure bias-free communications.
- Principles and Terminology of Computer Technology: types, characteristics and features of hardware and software, basic programming knowledge, understanding of peripheral devices, and procedures for selecting and maintaining equipment.
- Information Processing: basic knowledge of word processing, database management and spreadsheet development, use of multimedia and desktop publishing, linking different applications, and understanding virtual reality systems.
- Telecommunications: components and operating principles, terms and definitions, and the different telecommunications solutions available.
- Ethics, Security and Data Integrity: electronic privacy, collecting and sharing information, ensuring accuracy of digital data, and recovery of information and ownership issues.
Economics and Finance has four subareas with a total of 13 to 15 questions.
- Macroeconomics: relationship of economics and various political systems, US and international banking systems and monetary policies; supply and demand, measures of economic growth, employment, and domestic output.
- Microeconomics: characteristics of capitalism, monopolies and oligopolies, market demand, labor markets, revenue, and international trade agreements.
- Consumer Economics and Finance: investment, savings and retirement choices, personal finance and risk management, and consumers’ legal rights.
- Quantitative Analysis in business situations: problems involving basic math, fractions and percentages, charts and graphs, measurements and statistics, forecasting, quality control, and writing and interpreting case studies.
Business Knowledge and Employment has three subareas with a total of 11 to 13 questions.
- Relationships between Business Knowledge, Employment and Business Careers: various careers and personal traits needed to succeed, steps to finding a job, documenting credentials, employee rights, responsibilities and work habits, and diversity in the workplace.
- State and Federal Laws and Regulations related to the workplace: agencies, laws and regulations related to environmental, health and safety issues, and the advantages and disadvantages of company benefits and policies.
- Entrepreneurship: characteristics of entrepreneurs, owning a business, business plans, risk factors, and basic knowledge of franchise businesses.
MTEL Business Test Practice Questions