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§124.31. Implementation of Texas Essential Knowledge and Skills for Marketing Education,
Comprehensive, High School.
The provisions of this chapter shall supersede §75.86 of this title (relating to Marketing Education)
beginning September 1, 1998.
Source: The provisions of this §124.31 adopted to be effective September 1, 1998, 22 TexReg 5130.
(4) The student knows that the The student is expected to:
marketing mix involves a
(A) explain how each component of the
combination of the decisions
marketing mix contributes to
about product, price, place,
successful marketing; and
promotion, and people.
(B) describe the importance of marketing
strategies in the marketing mix.
(5) The student knows the concepts The student is expected to:
of market and market
(A) explain the importance of target
identification.
markets;
(B) describe advantages and disadvantages
of market segmentation and mass
marketing; and
(C) distinguish among geographic,
demographic, psychographic, and
behavioral segmentation.
(8) The student knows how to use The student is expected to:
self-development techniques and
(A) identify and practice effective
interpersonal skills to accomplish
interpersonal and team-building skills
marketing objectives.
involving situations with co-workers,
managers, and customers;
(B) develop short- and long-term personal
goals;
(C) identify and use time management
principles; and
(D) participate in leadership and career
development activities (such as DECA
and local chambers of commerce).
(12) The student knows the impact The student is expected to:
and value of diversity.
(A) identify the effect of languages other
than English on marketing;
(B) explain how diversity affects
marketing; and
(13) The student knows that marketing The student is expected to:
begins with a working knowledge
(A) describe characteristics of economic
of economic concepts.
goods and services;
(B) identify economic needs and wants;
(C) explain the concept of utility and cite
examples of types of utility;
(D) explain the concept of price; and
(E) explain how the interaction of supply
and demand affects price.
(14) The student knows that a nation's The student is expected to:
economic system is determined
(A) compare and contrast how economies
by what is produced, how it is
answer the basic economic questions;
produced, and how it is
and
distributed.
(B) explain why most economies are
mixed.
(15) The student knows that private The student is expected to:
enterprise is based on
(A) describe characteristics of a private
independent decisions by
enterprise system;
businesses and consumers
concerning the right to own (B) explain advantages and disadvantages
property, own a business, of private enterprise;
compete, make a profit, and
(C) describe the role profit plays in a
exercise consumer choice with
market economy;
limited government involvement.
(D) list examples of competitive business
situations; and
(E) identify examples of competitive
business situations as price or nonprice
competition.
(16) The student knows that gross The student is expected to:
domestic product (GDP),
(A) identify economic measurements used
standard of living, consumer
to analyze an economy; and
price index, and unemployment
figures help measure whether an (B) explain how economic measures are
economy is accomplishing its used in a market economy.
goals.
(17) The student knows that changes The student is expected to:
in the economy include
(A) explain the concept of business cycles;
prosperity, recession, depression,
and
and recovery, that may be
collectively referred to as the (B) describe the impact that phases of a
business cycle. business cycle have on the economy.
(22) The student knows that financial The student is expected to:
planning is necessary for the
(A) explain the impact of financial
marketer's success and solvency.
planning on marketing decisions; and
(B) analyze a business or organization's
financial reports and goals.
(23) The student knows that marketers The student is expected to:
use investment and financial
(A) identify types of financial services;
services to achieve goals and
objectives. (B) explain the purpose of a credit
contract; and
(C) explain the impact of credit legislation.
(24) The student knows the role of The student is expected to:
pricing.
(A) state goals of pricing;
(B) identify factors affecting pricing;
(C) explain how pricing affects product,
place, and promotion decisions;
(25) The student knows the role of The student is expected to:
promotion.
(A) explain the communication process as
used in promotional activities;
(B) describe types of promotion; and
(C) explain the concept of promotional
mix.
(27) The student knows that business The student is expected to:
risk is the possibility of loss or
(A) categorize business risks; and
failure.
(B) explain how various types of risks
impact business activities.
(28) The student knows that marketers The student is expected to:
responsible for risk management
(A) explain security precautions; and
follow a process to decide the
best strategy to deal with each (B) demonstrate knowledge of safety
risk. precautions and skills related to health
and safety in the workplace.
(31) The student knows the important The student is expected to:
role each employee plays in
(A) identify employee actions that result in
providing exceptional customer
customer satisfaction; and
service.
(B) identify employee attitudes that result
in customer satisfaction.
Source: The provisions of this §124.32 adopted to be effective September 1, 1998, 22 TexReg 5130.
(3) The student knows the concepts The student is expected to:
of market and market
(A) research market segmentation trends;
identification.
and
(B) identify types of segmentation in
markets.
(4) The student knows that the The student is expected to:
United States (U.S.) free
(A) explain the importance of the U.S. free
enterprise system offers
enterprise system in encouraging
marketers entrepreneurial
opportunities for entrepreneurial
opportunities.
ventures; and
(B) analyze a proposed business plan.
(6) The student knows the need for The student is expected to:
professional and career
(A) identify types of trade journals and
development.
periodicals of use to marketers; and
(B) explain the role of professional
organizations, trade associations, and
labor unions.
(9) The student knows how to use The student is expected to:
self-development techniques and
(A) demonstrate effective interpersonal and
interpersonal skills to accomplish
team-building skills involving
marketing management
situations with co-workers, managers,
objectives.
and customers;
(B) plan leadership and career
development activities (such as DECA
and local chambers of commerce); and
(C) develop employability skills for
advancement.
(11) The student knows the impact The student is expected to:
and value of diversity.
(A) identify the effect of languages other
than English on marketing;
(12) The student knows that marketing The student is expected to:
begins with a working knowledge
(A) describe ways in which marketing
of economic concepts.
affects utility; and
(B) use information about supply and
demand to predict their influence on
pricing.
(13) The student knows that private The student is expected to:
enterprise is based on
(A) explain ways to increase productivity
independent decisions by
and profit; and
businesses and consumers.
(B) discuss advantages and disadvantages
of specialization.
(14) The student knows that gross The student is expected to:
domestic product (GDP),
(A) research and report on the current
standard of living, consumer
economic climate with regard to GDP,
price index, and unemployment
unemployment, standard of living, and
figures help measure whether an
other economic indicators; and
economy is accomplishing its
goals. (B) explain why the GDP is an accurate
indicator of the economic health of a
nation.
(15) The student knows that changes The student is expected to:
in the economy include
(A) describe the impact that a business
prosperity, recession, depression,
cycle has on an economy; and
and recovery, that may be
collectively referred to as the (B) explain how businesses react to
business cycle. economic changes.
(17) The student knows that marketing The student is expected to:
research is a specific inquiry to
(A) explain the importance of marketing
solve a problem.
research;
(B) describe areas of marketing research
(such as advertising, product, market,
and sales);
(C) explain the purpose of test marketing;
(19) The student knows the elements The student is expected to:
and processes of product
(A) explain the nature and scope of product
planning.
planning;
(B) describe product mix strategies;
(C) identify steps in new-product planning;
and
(D) define the product life cycle.
(21) The student knows the laws and The student is expected to:
regulations that affect new
(A) differentiate among laws, regulations,
product development.
and self-regulatory measures for new-
product development;
(B) explain consumer protection provisions
of government agencies; and
(C) explain how business is affected by
government regulation of consumer
protection.
(23) The student knows that the The student is expected to:
physical environment found at a
(A) evaluate image; and
place of business should project a
positive image. (B) analyze factors involved in facilities
design, maintenance, and
improvement.
(24) The student knows that public The student is expected to:
relations and publicity can be
(A) prepare publicity materials;
used to promote a business or
organization. (B) identify activities that would encourage
positive public relations; and
(C) analyze potential impact of publicity
and offer possible strategies for dealing
with its impact.
(25) The student knows that sales The student is expected to:
promotion activities or materials
(A) identify examples of sales promotion
offer customers a direct incentive
materials; and
to buy.
(B) analyze how sales promotion materials
encourage sales.
(26) The student knows that the The student is expected to:
purchasing process occurs in a
(A) explain the process of identifying
continuous cycle.
needs;
(B) describe the process of selecting
suppliers and sources;
(C) explain the negotiation process;
(D) explain how goods and services are
ordered; and
(E) identify strategies used in evaluating
purchases.
(28) The student knows that a buying The student is expected to:
plan identifies products to be
(A) describe and calculate merchandising-
offered for sale for a particular
related discounts;
period of time.
(B) explain vendors' terms and policies;
and
(C) calculate the final cost of a product.
(29) The student knows how managers The student is expected to:
use the selling process.
(A) use information about customers to
make management decisions; and
(B) prepare and deliver a sales
presentation.
(30) The student knows the important The student is expected to:
role each employee plays in
(A) identify employee and management
providing exceptional customer
actions as well as attitudes that result in
service.
customer satisfaction; and
(B) describe how customer service and
follow-up are major factors for success
in marketing.
Source: The provisions of this §124.33 adopted to be effective September 1, 1998, 22 TexReg 5130.