FINAL Flashcards
Which of the following statements about the global fashion industry is FALSE?
- the fashion supply chain includes all of the interconnected individuals, businesses, and processes that are necessary to get a product to the ultimate consumer
- the global fashion industry is primarily comprised of very large multi-national corporations that offer similar merchandise around the world
- the global fashion and soft goods industries include businesses associated with apparel, footwear, accessories and home furnishings
- companies across the global fashion supply chain are engaged in design, manufacturing, merchandising and marketing products
the global fashion industry is primarily comprised of very large multi-national corporations that offer similar merchandise around the world
Which of the following is NOT a key aspect of the design of fashion products?
- Design reflects the values of the designer in relation to those exhibited by culture
- Design involves intellectual creativity
- The purpose of design is to plan, interpret, and create change
- Design is designer-centered, with a focus on addressing the needs, wants or problems of the designer through the creative process
Design is designer-centered with a focus on addressing needs, wants or problems of the designer through the creative process
Weaving and knitting are the two most common methods of:
Yarn spinning
Fabric finishing
Fabric construction
Converting greige goods
Fabric construction
Cotton, wool, silk, bamboo and rayon are all examples of natural fibers.
True
False
False
What refers to the management processes related to buying and selling fashion products; that is product assortment planning, acquisition, pricing, presentation, and sales to fulfill a company’s financial goals?
- Manufacturing
- Fashion value chain
- Merchandising
- Supply chain management
Merchandising
The textile industry is organized around four basic components of textile production, including all of the following EXCEPT:
Garment product
Fiber processing
Yarn spinning
Fabric finishing
Garment Product
Which of the following statements about the ready-to-wear (RTW) industry is FALSE?
- The men’s RTW industry developed prior to the women’s RTW industry.
- RTW brands are typically designed and marketed as seasonal lines or collections of merchandise
- In France the RTW industry is known as haute couture
- RTW refers to merchandise that is completely made and ready to be worn at the time it is purchased.
In France the RTW industry is known as haute couture
Women’s Wear Daily, Apparel Magazine, and Sourcing Journal are examples of ready-to-wear (RTW) publications.
True
False
False
Fashion products, whether they are cars, home decor, or apparel, are a reflection of economic, cultural, social and psychological influences.
True
False
True
The RTW shows, commonly referred to as fashion weeks, such as New York Fashion Week, London Fashion Week, etc., are held twice a year. The fall collections featuring fashions for the upcoming fall season are shown on the runways in what months?
September and October
February and March
July and August
May and June
February and March
Fashion companies that use a __________________supply chain strategy own and control several stages of production or several sectors of their supply chain.
Horizontal integration
Vertical integration
Pure play
Hybrid
Vertical integration
Direct-to-consumer fashion brands typically integrate design, marketing, and retailing functions of their supply chain and use _______________________ for manufacturing functions.
Pure-play companies
Omnichannel production
Cut, make, and trim contractors
Horizontal integration
Cut, make, and trim contractors
Which of the following statements is FALSE?
- By providing additional facilities during peak production periods, contractors help speed up delivery of orders.
- When using contractors, fashion brand companies do not need to invest a large amount of capital in equipment used for manufacturing
- With contract production, fashion brand companies control all aspectsof production, thus assuring the quality of merchandise that will be shipped.
- Contractors provide for increased flexibility when styles and fabric requirements change from one season/year to the next
- With contract production, fashion brand companies control all aspectsof production, thus assuring the quality of merchandise that will be shipped.
The _______________ supply chain calendar is based on a fashion system whereby fashion brands research and design fashion collections two to six times per year and market their collections to retail buyers who purchase styles to be sold to the ultimate consumer.
See now, buy now
Fashion fashion
Expedited
Traditional
Traditional
Although an omnichannel retail integration strategy was popular in the past, most retailers no longer use this strategy in their retail operations.
True
False
False
RFID and UPC bar codes are used to scan inventory throughout the company’s supply chain.
True
False
True
___________________________refers to production in a country outside the country where the merchandise will be sold at retail.
Offshore production
Contract production
Onshore production
Domestic production
Offshore production
What is the country of origin for a jacket designed in the United States, made with fabric from Japan, cut and sewn in a factory in China, and sold by a U.S. retailer?
China
United States and China
Japan
United States
China
An example of onshoring is when a U.S. fashion company contracts production in Mexico to take advantage of trade agreements with Mexico.
True
False
False
Which one of the following was NOT cited as a sustainability opportunity according to the textbook and the lecture on sustainability in the supply chain?
Logistics
Regulations
Design
Marketing
Manufacturing
Regulations