- About the Author
- Acknowledgments
- Dedications
- Preface
- Chapter 1: The Foundations of Business
- Section 1: Getting Down to Business
- Section 2: What Is Economics?
- Section 3: Perfect Competition and Supply and Demand
- Section 4: Monopolistic Competition, Oligopoly, and Monopoly
- Section 5: Measuring the Health of the Economy
- Section 6: Government’s Role in Managing the Economy
- Section 7: Cases and Problems
- Chapter 2: Business Ethics and Social Responsibility
- Section 1: Misgoverning Corporations: An Overview
- Section 2: The Individual Approach to Ethics
- Section 3: Identifying Ethical Issues
- Section 4: The Organizational Approach to Ethics
- Section 5: Corporate Social Responsibility
- Section 6: Environmentalism
- Section 7: Stages of Corporate Responsibility
- Section 8: Cases and Problems
- Chapter 3: Business in a Global Environment
- Chapter 4: Selecting a Form of Business Ownership
- Chapter 5: The Challenges of Starting a Business
- Section 1: What Is an Entrepreneur?
- Section 2: The Place of Small Business in the Business Landscape
- Section 3: What Industries Are Small Businesses In?
- Section 4: Advantages and Disadvantages of Business Ownership
- Section 5: Starting a Business
- Section 6: The Business Plan
- Section 7: How to Succeed in Managing a Business
- Section 8: Cases and Problems
- Chapter 6: Managing for Business Success
- Chapter 7: Recruiting, Motivating, and Keeping Quality Employees
- Chapter 8: Teamwork and Communications
- Chapter 9: Marketing: Providing Value to Customers
- Chapter 10: Product Design and Development
- Section 1: What Is a Product?
- Section 2: Where Do Product Ideas Come From?
- Section 3: Identifying Business Opportunities
- Section 4: Understand Your Industry
- Section 5: Forecasting Demand
- Section 6: Breakeven Analysis
- Section 7: Product Development
- Section 8: Protecting Your Idea
- Section 9: Cases and Problems
- Chapter 11: Operations Management in Manufacturing and Service Industries
- Section 1: Operations Management in Manufacturing
- Section 2: Facility Layouts
- Section 3: Managing the Production Process in a Manufacturing Company
- Section 4: Graphical Tools: PERT and Gantt Charts
- Section 5: The Technology of Goods Production
- Section 6: Operations Management for Service Providers
- Section 7: Producing for Quality
- Section 8: Cases and Problems
- Chapter 12: The Role of Accounting in Business
- Chapter 13: Managing Financial Resources
- Chapter 14: Personal Finances
- Chapter 15: Managing Information and Technology
- Chapter 16: The Legal and Regulatory Environment of Business
There are no key terms for this page.
Careers in Marketing
The field of marketing is extensive, and so are the opportunities for someone graduating with a marketing degree. While one person may seek out the excitement of an advertising agency that serves multiple clients, another might prefer to focus on brand management at a single organization. For someone else, working as a buyer for a retail chain is appealing. A few people might want to get into marketing research. Others might have an aptitude for supply chain management or logistics management, the aspect of supply chain management that focuses on the flow of products between suppliers and customers. Many people are attracted to sales positions because of the potential financial rewards. Let’s look more closely at a few of your options.
If you’re interested in advertising, you’ll probably start out at an advertising agencyadvertising agencyMarketing consulting firm that develops and executes promotional campaigns for clients.—a marketing consulting firm that develops and executes promotional campaigns for clients. Professionals work on either the “creative” side (developing ads and other campaign materials) or the business side (acting as liaisons between the firm and its clients). If you’re new, you’ll probably begin as an assistant and work your way up. You might, for example, start as an assistant copywriter, helping to develop advertising messages. Or you could assist an account coordinator, helping in the management of accounts, including the planning and implementation of marketing campaigns.
Brand and product managers are responsible for all aspects of the development and marketing of assigned products. They oversee the marketing program, including marketing research, pricing, distribution, and promotion. They track and analyze sales, gather feedback from customers, and assess the competition. You’d probably join the company as a brand assistant assigned to a more senior-level manager. After a few years, you may be promoted to assistant brand manager and, eventually, to brand manager. At this point, you’d be given responsibility for your own brand or product.
Marketing researchers meet with company managers to determine their information needs. Then they gather and analyze relevant data, write reports, and present their findings and recommendations. If you want to get into this field, you’ll need to acquire some skills in disciplines outside marketing, including statistics, research methods, and psychology. You’ll start out as an assistant, but you may advance comparatively quickly.
Effective supply chain management is vital to success in today’s business environment. Those who start their careers in supply chain management typically work in one of the following areas: purchasing and supply management, transportation and logistics, operations management, or inventory management and control. If this field appeals to you, you’ll need to take courses in several disciplines: management, marketing, operations management, and accounting. If you want to specialize in logistics management, you’ll be happy to know that many organizations—manufacturers, wholesalers, retailers, service providers, and transportation carriers—are looking for people interested in physical distribution. If you want to go into this field, you’ll need strong quantitative skills in addition to a background in business with a specialization in marketing.
Retailing offers all sorts of options, such as merchandise buying and store management. As a buyer, you’d select and buy merchandise for a department, a store, or maybe even an entire chain. Store managers display merchandise, supervise personnel, and handle day-to-day operations. Graduates looking for jobs in both areas generally start as trainees and work their way up.
Many marketing graduates begin their careers in sales positions, often for service organizations, such as insurance, real estate, and financial-services companies. Others are employed in the wholesale and retail trades or enter the manufacturing sector, selling anything from industrial goods to pharmaceuticals. To succeed in sales, you need a thorough understanding of customers’ needs and an extensive knowledge of your product. You should also be able to communicate well, and you’ll need strong interpersonal skills. Bear in mind that experience in sales is excellent preparation for almost any position in business.

Cite this Content
Citation Information
APA Format:Collins, Karen., Exploring Business. Retrieved Mar 15, 2010 from http://www.flatworldknowledge.com/node/27984 .
MLA Format:Collins, Karen. Exploring Business. 1969 . Flat World Knowledge. 15 Mar, 2010. <http://www.flatworldknowledge.com/node/27984> .
This book is not available for adoption
Adopt this book for your course
We are happy you want to adopt this Flat World Knowledge textbook for your course! You'll need to register as a user to get started.
Why? Registering allows you to post your course's information on our website so students can find their book, and gives you access to My(flat)World where you can keep track of all the books you adopt.
Are you a new user? Sign up here for free.
Adopt this book for your course
Thank you for your interest in adopting this book for your class. It is NOT YET PUBLISHED. When it is, you will click this button and:
Fill out a short adoption form. When you submit it, we will generate (and send to you) a URL that is unique to your class. That is where your students will go to get their free online book, or to purchase affordable alternatives.
You will also be able to print out this adoption form and bring it to the bookstore so that they can order and sell copies locally of the softcover print version.
This book is not available for customization
You must log in to customize textbooks.
New user? Sign up here for free, and give it a try.
Features:
Drag-and-drop chapters into a new table of contents that suits your syllabus. Resequence and delete down to the section level!
Even better: Annotate content at the paragraph level, giving you fine grained control over the content to suit your exact needs.
Another benefit: No more being forced to switch to new editions. Ever. You move to new editions when you have time and when you see merit. Not when we do.
We have more to do: More cool features in the works, like adding your own authored content, as well as editing existing content all the way to the sentence level. Stay tuned.
This book is not yet published. When it does, our customization features let you:
Drag-and-drop chapters into a new table of contents that suits your syllabus. Resequence and delete down to the section level!
Even better: Annotate content at the paragraph level, giving you fine grained control over the content to suit your exact needs.
Another benefit: No more being forced to switch to new editions. Ever. You move to new editions when you have time and when you see merit. Not when we do.
We have more to do: More cool features in the works, like adding your own authored content, as well as editing existing content all the way to the sentence level. Stay tuned.
Your book has already been saved for print.
You typically should not customize your book further. If your bookstore or students have already ordered the book they will not see your future changes.
If you choose to make further customizations you can do so by choosing 'customize' for this book from My Flatworld
You have already exceeded or met your book copy limit of 5. If you would like to make another personal copy, then you will need to delete one of your copied books. If you think you have received this message in error, then please contact us.
This book does not have any Educator Supplements
Only approved educators have access to the supplements for this textbook. Please note: Educator access is manually approved within approximately 48 business hours after your registration.
If you already have an account and have been approved as an educator, then please login.
Are you a new user? Sign up for free.
You can also feel free to contact us regarding this matter.