Global Nature of Fashion
If the United States levies taxes on goods coming into it, which taxes are charged?
• Delivery fees
• Quotas
• Exemptions
• Tariffs
Tariffs
HanesBrands undershirts can be found in stores such as Target, JCPenney, Macy’s, and Wal-Mart department stores. Which distribution strategy are they using?
• Intensive
• Selective
• Industrial
• Exclusive
Intensive
A fashion merchandising class wants to plan a field trip to visit the headquarters of large retail chain stores. Which domestic fashion market should they plan to visit?
• Charlotte
• Seattle
• Chicago
• Denver
Chicago.
Saks Fifth Avenue ordered 500 dresses, but only 300 were delivered. In order to get the remaining 200, the manager should use which type of purchase order?
• Reorder
• Regular order
• Backorder
• Advance order
Backorder.
Concord Mills shopping mall contains discount stores such as Bass and Manhattan Shirts. Since these stores are manufacturer-owned and operated, which type of retailer is available?
Boutiques
Department Stores
Factory Outlets
Franchises
Factory Outlets
Australia is known for their high standard of living and relatively low cost of doing business. Which aspect of global trade does this describe?
• Political stability
• Infrastructure
• Economic climate
• Globalization
Economic climate
TOMS shoes are only available through the company’s e-tailing store and a few brick and mortar stores. Which distribution strategy is it using?
Exclusive
Intensive
Regulated
Selective
Selective
Mario’s Boots needs to order a shipment of popular cowboy boots, hats, and gear. It should order from which domestic fashion market?
• Italy
• Dallas
• Atlanta
• New York
Dallas.
Felisha wants to purchase a custom wedding dress. Which type of purchase order should be used?
• Approval buying
• Blanket order
• Open order
• Special order
Special order.
Which type of fashion retailer offers a high level of customer service, fashion-forward merchandise, and targets special-interest customers?
Boutiques
Department Stores
Discount Stores
Flagship Stores
The United States has a large trade deficit because of which of its actions?
• Charges high taxes on imports
• Imports more products than it exports
• Allows free trade
• Exports more products than it imports
Imports more products than it exports
Macy’s hires decorators to create window displays during the Christmas season. The decorators only decorate for large, upscale department stores. Which type of distribution strategy is being used?
• Exclusive
• Industrial
• Intensive
• Selective
Selective.
Which type of buying office is owned by a group of similar stores located in non-competing geographic locations?
• Merchandise brokers
• Syndicated offices
• Salaried offices
• Associated offices
Associated office.
Deborah plans to only purchase Hunter rain boots over the next three years to sell in her boutique. She will provide the assortment of boots needed at a later time. Deborah is using which type of purchase order?
• Advance order
• Back order
• Blanket order
• Open order
Blanket order.
Locally-owned stores with a limited assortment of apparel, housewares, gifts, and household textiles are which type of retailer?
Discount Stores
Junior Department Stores
Off-Price Discounters
Wholesale Warehouse Clubs
Junior Department Stores
What is the relationship between the values of a country’s imports and exports?
• Protectionism
• Offshore production
• Trade surplus
• Balance of trade
Balance of trade
What is the route products take from producer to end user?
• Channel of distribution
• Trade associations chain
• Textile process
• Apparel marts
Channel of distribution.
Iris is responsible for planning and purchasing goods for a department store. Part of her responsibilities include keeping track of the economic trends and consumer behavior data. Iris’s job would best be described as:
Buyer
Anthony promises a local manufacturer that he will purchase golf polos from only them. He will provide details regarding colors, sizes and quantity at a later date. Which type of purchase order should be used?
• Advance orders
• Back orders
• Blanket orders
• Open orders
Blanket orders.
An establishment that individually buys the right to use a famous or established name or trademark in a specified trading is which type of retailer?
Franchise
Factory Outlet
Chain Store
Boutique
Franchise
The United States and Switzerland share the production of a new high-quality line of chocolates. This is an example of:
• product life cycle.
• full package production.
• joint venture.
• economy of scale.
joint venture.
HanesBrands undershirts can be found in stores such as Target, JCPenney, Macy’s, and Wal-Mart department stores. Which distribution strategy are they using?
• Intensive
• Exclusive
• Regulated
• Selective
Intensive
Jim is an interior designer for a home furnishings store in the Southeast. He needs to purchase floor coverings for the upcoming season. Which domestic fashion market center should he visit?
• Atlanta
• California
• Miami
• New York
Atlanta
A local boutique is planning for the prom season in six months. Which type of purchase order should be used?
• Advanced order
• Back order
• Blanket order
• Reorder
Advanced order.
Amy purchases a cashmere sweater to give to her mother for Christmas. What is Amy’s role?
• Consumer
• Producer
• Wholesaler
• Customer
Customer