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5: Fashion in Review
Explain the difference between market growth and growth in market share.
What is the meaning of the term
proprietary
?
Explain the difference between qualitative information and quantitative information.
In market research, why is it more effective if a method is interactive?
Why is product development especially important in the fashion industry?
What is the name and abbreviation of the standard bar code?
What devices read bar codes and feed information into the main system?
What do industry bar code labeling compliance guidelines coordinate?
What is the standardized code for radio frequency identification (RFID)?
How does machine vision identify products?
What do you think are some disadvantages of using new technology in relation to fashion merchandising?
Why do open systems create lower costs for companies while enabling them to move forward with technology?
What does it mean when some textile/apparel businesses “outsource” the management of their information technology systems?
What do we mean by the term
information pipeline
?
List four advantages of EDI technology.
What is meant by the term
real time
?
Explain how a “pull” from the consumer end of the pipeline is better than a “push” of merchandise from the industry.
Why was the Crafted with Pride in U.S.A. Council formed?
What are some ethical and socially responsible actions that companies take to help satisfy needs of individuals and communities?
What types of efforts might
green committees
lead at a company?
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