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FORECASTING TRENDS QUICK REVIEW Flashcards | StudBud
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FORECASTING TRENDS QUICK REVIEW
FORECASTING TRENDS QUICK REVIEW
10 terms
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StudBud Administration
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150 plays
Review for trend forecasting
Flashcards
10 cards
F
Practice quiz
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Host live
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Questions
10
Answers
1
Fashion Counts consist of gathering data to reveal patterns of fashion change and...
Standardize a set of measurements or observations
Develop a systematic wat to exclude images
Find a suitable source for fashion images
Sample time as well as images
2
One of the most valuable business assets is
Information
Economic analysis
Resident buying office
Free money
3
Which of the following is a part of Forecasting
Interpreting signals, using judgment and creativity
All of these
Analyzing the whys behind emerging trends
Looking for new fresh and innovative concepts
4
A TREND IS
Both a and c are correct
A fashion accepted by 75% or more of the population
A lengthy change in consumer attitudes and behaviors
A Fashion which slowly changes over time but remains popular
5
The time period in which a manufacturer or designer should offer a product/style/service
Strategic windows
Plan and demand cycles
The Fashion Life Curve
Long wave phenomenon
6
Which groups act as Fashion leaders?
Retailers
All of these
Social groups
Celebrities
7
As a forecaster, one should think out the box
Never
True
False
8
A knock off bag is
Trickle up
Trickle down
Trickle across
9
The Spirit of the times
Classic
Zeitgeist
Pendulum swing
Megatrend
10
Boundary Blurring is a trend that indicates increasing blurring of gender and class boundaries
True
False
