Business Law: Understanding legal principles affecting business operations.
Communication Skills: Effective exchange of information.
Customer Relations: Building and maintaining customer connections.
Economics: Basic economic principles and their impact on business.
Emotional Intelligence: Managing emotions to facilitate interpersonal relationships.
Financial Analysis: Interpreting financial data for decision-making.
Human Resources Management: Overseeing employee-related functions.
Information Management: Handling business information effectively.
Marketing: Promoting and selling products or services.
Operations: Day-to-day business activities.
Professional Development: Enhancing career skills and knowledge.
Strategic Management: Long-term planning and direction setting.
Tier 2: Marketing Career Cluster
This tier delves into specialized marketing concepts, building upon the foundational knowledge from Tier 1. It covers areas such as:
Channel Management: Overseeing the distribution of products.
Marketing-Information Management: Gathering and analyzing market data.
Market Planning: Developing strategies to reach target audiences.
Pricing: Setting product or service prices strategically.
Product/Service Management: Developing and maintaining products or services.
Promotion: Communicating product benefits to consumers.
Selling: Techniques and processes for sales.
Tier 3: Marketing Career Pathways
This advanced tier focuses on specific marketing pathways, each with its own set of performance indicators:
Marketing Management Pathway: Strategic oversight of marketing activities.
Professional Sales Pathway: Advanced selling techniques and client relations.
Merchandising Pathway: Product promotion and retail strategies.
Marketing Communications Pathway: Managing public relations and advertising.
Marketing Research Pathway: Conducting and analyzing market research
nature of ethics: principles and moral values that guide human behavior, distinguishing right from wrong. involving concepts like fairness, responsibility, integrity, and justice, shaping individual and societal decision-making.