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Fm 110 - Final Exam Study Guide Questions With Accurate Answers

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4 P's correct answer Product Place Price Promotion 4 P's correct answer Product, Place, Price, Promotion achromatic colors correct answer black, white and gray acting vertical correct answer an internal collaboration that breaks down the barriers between functions, external collaboration with manufacturers and suppliers without owning them, and ongoing collaboration with consumers in order to reap the rewards of a continuous conversation Advantages of Private Brands correct answer - Prices for private brands are usually lower than competing wholesale brands. - Private brands provide retailers with control over quality and marketing. - Private brands generally yield higher profit margins. - Private brands provide retailers with the opportunity to enhance their brand image and differentiate themselves from the competition. - Private brands are an excellent means to cultivate consumer loyalty. aesthetic properties correct answer characteristics of textile products that convey meaning to the consumer

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FM 110 - FINAL EXAM STUDY GUIDE QUESTIONS WITH
ACCURATE ANSWERS
4 P's correct answer Product
Place
Price
Promotion


4 P's correct answer Product, Place, Price, Promotion


achromatic colors correct answer black, white and gray


acting vertical correct answer an internal collaboration that breaks down the
barriers between functions, external collaboration with manufacturers and
suppliers without owning them, and ongoing collaboration with consumers in
order to reap the rewards of a continuous conversation


Advantages of Private Brands correct answer - Prices for private brands are
usually lower than competing wholesale brands.
- Private brands provide retailers with control over quality and marketing.
- Private brands generally yield higher profit margins.
- Private brands provide retailers with the opportunity to enhance their brand
image and differentiate themselves from the competition.
- Private brands are an excellent means to cultivate consumer loyalty.


aesthetic properties correct answer characteristics of textile products that convey
meaning to the consumer

,analogous correct answer color harmony incorporates colors positioned next to
each other on the color wheel


apparel supplychain correct answer the complex network of suppliers and service
providers involved directly or indirectly in fulfilling customer demand for apparel


At-market pricing correct answer respects the consumer's perception that a
product is priced fairly. Retailers cannot price a product outside of the
expectations of their target market


auxiliary businesses correct answer service providers such as design bureaus,
software providers, sourcing agents, factors (credit agents), patternmaking
services, testing labs, consultants, and advertising agencies that play indirect roles
in the manufacture of apparel


Basic products correct answer A products that are produced in high volume, with
predictable demand, and is very price sensitive, since the consumer can purchase
it from a variety of competitors.


chroma correct answer a color's saturation, or degree of departure from the
neutral of the same value.


chromatic colors correct answer colors that have a hue


classics correct answer styles are so enduring that they never go completely out
of fashion. Example: Chanel-style suit

, CMT (cut, make, and trim) correct answer contracts, the company provides the
designs, patterns, and markers, and selects, purchases, and arranges delivery of
fabric and decorative trims. The contractor cuts, assembles, and finishes the
garments.


collaborative supply chain correct answer an interactive network of
manufacturing specialists who join forces operationally to integrate
complementary resources to respond to a market opportunity through the
creation of a particular product


color (science) correct answer the perception of certain wavelengths of light seen
by the retina of the eye


color attributes correct answer chroma, hues, values and temperature


color constancy correct answer when a color is perceived to match a standard
regardless of light source


color correct answer first thing that catches your eye


color harmonies correct answer refer to how colors are used in combination in
patterns, prints, or ensembles


color inconstancy correct answer when a single color sample reading as a slightly
different color under different light sources

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