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45 Terms
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1
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Business Law
Understanding legal principles affecting business operations.
2
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Communication Skills
Effective exchange of information.
3
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Customer Relations
Building and maintaining customer connections.
4
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Economics
Basic economic principles and their impact on business.
5
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Emotional Intelligence
Managing emotions to facilitate interpersonal relationships.
6
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Financial Analysis
Interpreting financial data for decision-making.
7
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Human Resources Management
Overseeing employee-related functions.
8
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Information Management
Handling business information effectively.
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Marketing
Promoting and selling products or services.
10
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Operations
Day-to-day business activities.
11
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Professional Development
Enhancing career skills and knowledge.
12
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Strategic Management
Long-term planning and direction setting.
13
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Channel Management
Overseeing the distribution of products.
14
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Marketing-Information Management
Gathering and analyzing market data.
15
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Market Planning
Developing strategies to reach target audiences.
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Pricing
Setting product or service prices strategically.
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Product/Service Management
Developing and maintaining products or services.
18
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Promotion
Communicating product benefits to consumers.
19
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Selling
Techniques and processes for sales.
20
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Marketing Management Pathway
Strategic oversight of marketing activities.
21
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Professional Sales Pathway
Advanced selling techniques and client relations.
22
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Merchandising Pathway
Product promotion and retail strategies.
23
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Marketing Communications Pathway
Managing public relations and advertising.
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Marketing Research Pathway
Conducting and analyzing market research.
25
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Nature of Ethics
Principles and moral values that guide human behavior, distinguishing right from wrong.
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Fairness
A concept in ethics that involves treating individuals justly and equitably.
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Responsibility
The ethical obligation to act correctly and make decisions that are accountable.
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Integrity
Adhering to moral and ethical principles, demonstrating honesty.
29
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Justice
The quality of being fair and reasonable in actions and decisions.
30
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Interpersonal Relationships
Connections and interactions between individuals, often requiring emotional intelligence.
31
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Decision-Making
The process of making choices by identifying a decision, gathering information, and assessing alternatives.
32
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Product Benefits
The advantages a product offers to consumers, communicated through promotion.
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Target Audience
The specific group of consumers targeted by marketing efforts.
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Sales Techniques
Methods used to persuade potential customers to make a purchase.
35
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Strategic Oversight
The process of guiding marketing activities toward achieving long-term goals.
36
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Retail Strategies
Plans and actions taken to sell products directly to consumers.
37
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Market Research
The process of gathering and analyzing data about consumers and market conditions.
38
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Client Relations
The management of interactions and relationships with clients in a professional context.
39
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Distribution of Products
The logistics involved in delivering products from producers to consumers.
40
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Behavioral Ethics
The study of how psychological factors affect ethical decision-making.
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Social Responsibility
The obligation of businesses to contribute to the welfare of society.
42
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Market Data Analysis
The process of examining data about consumers to make informed marketing decisions.
43
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Career Skills Enhancement
Improving abilities and knowledge relevant to one’s professional field.
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Public Relations Management
The practice of managing and disseminating information between an organization and the public.
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Advertising
A form of communication used to promote or sell products or services.
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