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Redemption ARC > Trends Long quiz > Flashcards

Trends Long quiz Flashcards

1
Q

when
the price is making a series of
higher highs and higher lows.

A

Up Trend

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2
Q

when the
price is making a series of lower
highs and lower lows.

A

DownTrend

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3
Q

when the
price is making neither a series of higher
or lower highs nor a series of higher or
lower lows.

A

sideways trend

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4
Q

SHort-lived

A

Fads

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5
Q

Much longer than fad

A

Trends

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6
Q

Continue to be fashionable for years and even decades

A

Trends

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7
Q

last for a total of one season, but they can also last
less than a month.

A

Fads

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8
Q

hard to ignore and almost impossible to miss.

A

Classics

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9
Q

undeniable air of timelessness that surrounds _____pieces.

A

Classics

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10
Q

Kinds of Trends

A

uptrend
downtrend
sideways

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11
Q

Who created the process of identifying a trend

A

Wade hansen

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12
Q

We‟re all human. Trends – and behavior more broadly – are ultimately rooted in our basic, fundamental, rarely-if-ever-changing human needs, wants and desires. Some examples: creativity, self-improvement, safety, status.

A

Basic Needs

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13
Q

just listen to popular music, or watch any trashy movie. The same themes crop up again and again, precisely because they are so universally relevant and timeless. Identifying underlying human needs is central to spotting and/or understanding consumer trends.

A

Basic Needs

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14
Q

On the other hand, there are no trends without change. Savvy and switched-on business professionals constantly ask „what‟s changing?‟ and look at how it might be possible to service people‟s basic human needs and wants in novel, exciting – better – ways.

A

Drivers of change

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15
Q

Triggers are more immediate changes that drive the emergence of a trend. These can include specific technologies, political events, economic shocks, environmental incidents, and more.

A

Drivers of change

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16
Q

__________ aren‟t trends. But without examples of customer-facing innovations tapping into it, a trend can‟t be said to exist fully.

A

Innovations

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17
Q

What are the elements of trend (3)

A

Basic needs
drivers of change
innovations

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18
Q

These are clusters of „signals‟ which consists of „tangible‟ developments, such as new products and services

A

Microtrend

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19
Q

another name of microtrend

A

Market Trends

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20
Q

_______ are not tangible. They are changing (latent) needs of the consumer, like insights, norms and values.

A

Macrotrend

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21
Q

anothername for macrotrend

A

Consumer Trends

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22
Q

These are major societal trends. Where Micro- and Macrotrends are relatively small and manageable, Megatrends are large and complex shifts

A

Megatrends

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23
Q

What is tangible

A

something that can be touched or seen

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24
Q

What are the characteristics of a trend?

A

Microtrends
Macrotrends
Megatrends

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25
Q

refers to
the process of researching an
organization and it’s working
environment to formulate a
strategy.

A

Strategic analysis

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26
Q

In this analysis, you assess and analyze your strengths and weaknesses, and
establish a strategy that will help you improve the image of your company.

A

Internal (Strategic Analysis)

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27
Q

The strengths only make sense when they are giving your client complete
satisfaction with your service. Along with the strengths, the strategist
should also be aware of the weaknesses and liabilities of the company at
that moment. The company can grow at an exponential rate if you have a
sound strategy planned.

A

Internal (Strategic Analysis)

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28
Q
  • Once the organization has completed its internal analysis, they can
    move on to the external review. Many external factors can act as a
    roadblock to the organization’s growth.
A

External (Strategic Analysis)

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29
Q

You need to measure customer satisfaction towards your and your
competitors’ products so that you can get an overview of how the
market functions..

A

External (Strategic Analysis)

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30
Q

Strength and Weakness

A

Internal

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31
Q

Opportunities and Threats

A

External

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32
Q

TWO TYPES OF

STRATEGIC ANALYSIS

A

Internal and External

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33
Q

is a simple but widely used tool that helps in
understanding the strengths, weaknesses, opportunities and threats
involved in a project or business activity.

A

A SWOT analysis

34
Q

a measurement tool which is used to assess
markets for a particular product or a business at a
given time frame.

A

PEST Analysis

35
Q

These include

government regulations
such as employment
laws, environmental
regulations and tax
policy. Other _____
factors are trade
restrictions and
political stability.

A

POLITICAL

36
Q

These affect the cost of
capital and purchasing

power of an

organisation. ________
factors include
economic growth,
interest rates, inflation
and currency exchange

rates.

A

Economic

37
Q

These impact on the
consumer‟s need and
the potential market

size for an

organisation‟s goods
and services. ______
factors include
population growth, age
demographics and
attitudes towards

health.

A

Social

38
Q

These influence barriers
to entry, make or buy
decisions and
investment in
innovation, such as
automation, investment
incentives and the rate
of _______ change.

A

technological

39
Q

_____________ is basically the kind of thinking that helps you
understand reality in the moment, without logic or analysis.

A

Intuitive thinking

40
Q

This has to do with your ability
to immediately pick up on
other people’s personality
traits or emotional Trends, You
can see who they are, or how
they are, without them having

to say anything.

A

EMOTIONAL
INTUITIVE

41
Q

This is about finding an
immediate answer to a
problem, without analyzing it.
It’s very common in people
with jobs that require quick
decisions, like firefighters or
bomb technicians.

A

MENTAL
INTUITIVE

42
Q

This means having the ability
to choose the best path to
overcome a personal
difficulty, without putting
much mental effort into it. It
also means being able to pick
up on social and work-related

dynamics

A

PSYCHIC
INTUITIVE

43
Q

This has to do with states of

“enlightenment” or “revelations”. They‟re
more of an experience than a fact.

Buddhists talk about this kind of intuition
more than anyone else, which has given it

a mystical quality.

A

SPIRITUAL
INTUITIVE

44
Q

FOUR KINDS OF

INTUITIVE THINKING

A

Emotional Intuitive
Mental Intuitive
Psychic Intuitive
Spiritual Intuitive

45
Q

is a
product consisting of a specific set of
skills such as soft, hard, technical, and
transferable.

A

employability

46
Q

is
considered as both a product (a set of
skills that “enables”) and as a process
(that “empowers” an individual to
acquire and improve marketable skills
that can lead to gainful employment).

A

employability

47
Q

is the life-long,
continuous process of acquiring
experience, new knowledge—
purposeful learning—and skills that
contribute to improving one’s
marketability for enhancing their
potential to obtain and maintain
employment through various shifts in
the labor market.

A

Employability

48
Q

is vital to any nation’s labor force and society’s well-
being.

A

Employability

49
Q

Low-skill, manual labor/task

A

Blue Collar workers

50
Q

— who usually have a more accomplished
educational background and utilize skills for performing tasks in
professional jobs, often in an office setting

A

white-collar workers

51
Q

What is the PEST in Pest analysis

A

Political
Economic
Social
Technological

52
Q

employers and workers or employees.

A

primary Actors

53
Q

the educational system and its representatives
(schools, colleges — both technical/community and
four year — and universities), as well as their
constituents and the legislation that will have an
impact on employers, workers, and educational
institutions.

A

Secondary Actors

54
Q
  • often referred to as hard skills,
A
  1. Technical
55
Q
  • also referred to as soft or transferable,
A

Non-Technical

56
Q
  • are high-order skills that enable someone
    to select, adapt, adjust and apply other skills to different
    situations,
A

Transferable

57
Q
  • limitations on their applications to
    specific types of jobs, industries or sectors of the economy,
    thus limiting the number of jobs on which they can be
    applied.
A

Non-transferable

58
Q
  • A set of skills engaged in everyday
    activities which are associated with intelligence and enable
    individuals to be successful learners.
A

Metacognitive

59
Q

This refers to an
individual’s ability to work harmoniously and productively
with people from other cultures as the labor force becomes
increasingly diverse.

A

Cultural competence of the workforce -

60
Q

The 6 Skills of Employability:

A

Technical
Non-Technical
Transferable
Non-transferable
Metacognitive
Cultural competence of the workforce

61
Q

The views on the role of education on employability differ,
resulting in a reduction of the cause and effect between
education and obtaining gainful employment, thus
transferring the burden of capitalizing on the process and
maximizing its benefits on each individual involved in the
process.

A

The Education Effect

62
Q

can be both a transferable and non-transferable skill,
depending on the type of job, field, etc., and it can cover a wide array
of activities,

A

Work experience

63
Q

measured by their family income is related to
their employability both soon after graduation as well as two years
later,

A

Socioeconomic Status

64
Q

is a term developed and used in the Netherlands, which combines
both job flexibility and job security.

A

‘Flexicurity’

64
Q

comes in four forms:
numerical, working time, functional and wage.

A

Job Flexibility

65
Q

also
comes in four forms: the ability to stay in the same job, staying
employed not necessarily in the same job, income security and
combining or balancing work and family life.

A

Job security

66
Q

refer to the interconnections and
interrelations among the various elements in the natural
environment enveloping and affecting Earth as well as
beyond Earth’s surface.

A

Planetary networks

67
Q

is a phenomenon which refers to the rising
of global average temperature on Earth’s surface due to the
thinning of the ozone layer in Earth’s atmosphere.

A

Global warming

68
Q

refers to the major changes in the climate
that last for longperiods of time.

A

Climate change

69
Q

The Gradual increase of Earth’s surface temp

A

Global Warming

70
Q

Long term change in global weather patterns

A

Climate Change

71
Q

refers to how people generate and
manufacture the products they need to use, sell, or
consume.

A

Production

72
Q

refers to the use of
economic or consumer goods and
resources.

A

Consumption

73
Q

has the ability to regenerate, sustain and
adjust what is lost, but with the excessive use of land
resources, ecosystem will be destroyed.

A

Ecosystem

74
Q

making land impermeable — is also a significant impact
of housing and associated infrastructure like residential roads and
parking. Sealed land looses its soil functions and cannot be used for
other functions like agriculture, is detrimental to biodiversity and can
increase the risk of flooding.

A

Land sealing

75
Q

not only saves you money
but helps you cut carbon emissions too.

A

Save Energy

76
Q

When buying fruits and vegetables,
try to buy organic. Organic foods are healthier
because they contain fewer harmful substances, but
growing them also protects the environment and the
climate.

A

Improve your diet.

77
Q

Clean water that is pumped to
most homes has been treated which uses lots of energy.

A

Saving water at home.

78
Q

It can really help stop climate change
because re-using materials usually uses less energy.

A

Recycling.

79
Q

. If leftovers, peels, cores and cuttings
were composted, they would reduce emissions and help
protect healthy soil.

A

Compost food scraps

80
Q

What are the Simple things you can do to
help fight climate change

A

Save energy.
Improve your diet.
Saving water at home.
Recycling.
Compost food scraps.

81
Q

Actors of Employability

A

Primary Actors
Secondary Actors

Redemption ARC (6 decks)

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