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5 Written questions

5 Matching questions

  1. Black market goods
  2. Mergers and Acquisitions
  3. Counterfeit good
  4. Merchandising
  5. The way U.S. buyers purchase foreign made goods
  1. a One company is sold to another. Diversification.
  2. b Foreign fashion markets, Store-owned foreign buying offices
  3. c made by the same manufacturers. The quality is not that of a cheap rip-off and it is tough to distinguish them from real items
  4. d The planning involved in getting the right merchandise, at the right price, in the right quantities, in the right location, with the right sales promotion, at the right time
  5. e inferior imitations passed off as the genuine article

5 Multiple choice questions

  1. zone includes lines of nationally advertised marketers such as guess. Less prestige of designer lines but still appeal to middle class consumers
  2. cut and sew that wastes none
  3. Rectangular pattern shapes dominate
  4. products from the fiber, textile, apparel, and cotton industries
  5. Refers to a number of procurement practices, aimed at finding, evaluating and engaging suppliers of goods and services

5 True/False questions

  1. bridgebetween the designer signature and better prices costs one to one third to one half of designer prices


  2. Advantages of a FranchiseQuick way to get into business and a quick way to expand


  3. LicensingA legal arrangement whereby firms are given permission to produce and market merchandise in the name of the licensor for a specific period of time.


  4. Miami MarketLatino and Caribbean flavor, colorful. Best known for children's wear


  5. martsa building or complex of buildings that houses a wholesale market that is a exhibition of fashions that are ready to be sold to retail stores