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Home >Resources >Specification of Competency Standards >

Units of Competency (Retail)

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3. Strategic Management

1. Merchandising and Supply Chain Management2. Human Resource Management & Development3. Strategic Management4. Sales and Marketing5. Customer Services6. Information Technology7. Store Operations8. Specific Product Knowledge

QF Level ( 1234567 )

QF Level 1QF Level 2QF Level 3QF Level 4QF Level 5QF Level 6QF Level 7

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3. Strategic Management

QF Level

Code

Name

QF Level:

Level 1

No Item

QF Level:

Level 2

No Item

QF Level:

Level 3

Code:

105020L3

Name:

Comply with business laws

QF Level:

Level 4

Code:

105021L4

Name:

Implement business plan

QF Level:

Level 4

Code:

105022L4

Name:

Audit loss prevention policies

QF Level:

Level 4

Code:

105023L4

Name:

Manage budget and financial plan

QF Level:

Level 5

Code:

105024L5

Name:

Formulate business plan

QF Level:

Level 5

Code:

105025L5

Name:

Monitor financial performance

QF Level:

Level 5

Code:

105026L5

Name:

Manage financial information

QF Level:

Level 5

Code:

105027L5

Name:

Compile financial reports

QF Level:

Level 5

Code:

105028L5

Name:

Manage operational budget

QF Level:

Level 5

Code:

105029L5

Name:

Perform audit

QF Level:

Level 5

Code:

105030L5

Name:

Explore store locations

QF Level:

Level 5

Code:

105031L5

Name:

Negotiate a store contract

QF Level:

Level 6

Code:

105032L6

Name:

Develop policies of the organization

QF Level:

Level 6

Code:

105033L6

Name:

Formulate environmental sales strategy

QF Level:

Level 6

Code:

105034L6

Name:

Formulate business continuity strategies

QF Level:

Level 6

Code:

105035L6

Name:

Formulate financial management policies

QF Level:

Level 6

Code:

105036L6

Name:

Build an organizational image

QF Level:

Level 7

Code:

105037L7

Name:

Formulate business strategies

Note:

The SCSs have been moderated by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications (HKCAAVQ) to ensure consistency of QF level across industries.
The contents of all SCSs will be updated regularly.

Copyright:

All the Specification of Competency Standards (SCS) for industries and other related materials contained in this website are protected by copyright, which is owned by the Government of the Hong Kong Special Administrative Region.
Permission is granted for users to download the SCSs to store them in local computers, provided that this is solely for personal or non-commercial internal use, and provided further that this copyright notice is downloaded at the same time.
Save the above permitted use, any other use (including without limitation any reproduction, adaptation, distribution, dissemination or making available to the public) of the SCSs is strictly prohibited.

Copyright by HKQF 2024 ©

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Last revision date: 07 July 2024

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