MDSE 2350 FINAL EXAM QUESTIONS
WITH ACCURATE ANSWERS RATED
A+ PASSED 2025/2026
mergers and acquisitions are more likely to be motivated by: - correct answer ✔✔innovation
and new markets
desire to compete globally
reach new customers
expand capacity or expertise in new products
a fully vertically integrated company seeks to consolidate and/or grow its business by: - correct
answer ✔✔acquiring company at a different stage in the supply chain
which of the following is true of the "apparel supply chain"? - correct answer ✔✔it is a
complicit network of suppliers and/or vendors involved directly or indirectly in fulfilling
customer demand for apparel
a collaborative supply chain (two-way flow of information) has both negatives and positives.
One of the positives is a quick replenishment. two other positives include: - correct answer
✔✔better price and more agility in responding to opportunities
in a mature industry, companies compete through differential advantage. what is a 'differential
advantage'? - correct answer ✔✔it's a competitive edge over other companies
which of the following is true of 'product development'? - correct answer ✔✔product
development is the strategic, creative, technical, production and distribution planning of goofs
having a perceived value for a well-defined consumer group
,wholesale brand products are developed for exclusive distribution by a particular retailer -
correct answer ✔✔TRUE
wholesale brands: - correct answer ✔✔created under proprietary label and sold at wholesale
for retailers
what allows product developers to collaborate with multiple supply chains, even for the same
product? - correct answer ✔✔PDM and PLM
what is "diversification"? - correct answer ✔✔diversification is a growth strategy in which a firm
expands its product mix to capitalize on brand recognition, increase sales and thus enhance
efficiencies for greater profit
the role of product developers: - correct answer ✔✔-design apparel styles
-write specifications for construction of the apparel styles
-coordinate style selections to develop a product line
an example of horizontal integration: - correct answer ✔✔LVMH buying Proenza Schouler
Dollar General buying Family Dollar
Steve Madden buying Dolce Vita shoes
when a store sells only private brand, what may these brands also be called? - correct answer
✔✔store brands
an example of vertical integration: - correct answer ✔✔hanes brands buying a textile mill
globalization of the apparel industry has decreased in recent years due to the activities of the
WTO - correct answer ✔✔FALSE
, identification of appropriate sourcing partners requires ongoing analysis and assessment -
correct answer ✔✔TRUE
agile manufacturing requires: - correct answer ✔✔identifying and focusing on core
competencies
partnering with other specialists
what is vertical integration? - correct answer ✔✔seeks to consolidate a supply chain by
acquiring companies at other stages in the supply chain
what kind of brands are created under a proprietary label and sold at wholesale for distribution
to retailers? - correct answer ✔✔wholesale
the apparel supply chain includes many auxiliary businesses, including software providers -
correct answer ✔✔TRUE
which of the following is true of the price point category of designer "RTW"? - correct answer
✔✔known as "pret-a-porter"
the most expensive garments that can be bought off the rack, usually carrying the name of the
person who created the style
trend forecasters look to this price point for the next big thing
the planning, development and presentation of the product line from concept to delivery: -
correct answer ✔✔merchandising
an off-price retailer is a form of: - correct answer ✔✔specialty store
WITH ACCURATE ANSWERS RATED
A+ PASSED 2025/2026
mergers and acquisitions are more likely to be motivated by: - correct answer ✔✔innovation
and new markets
desire to compete globally
reach new customers
expand capacity or expertise in new products
a fully vertically integrated company seeks to consolidate and/or grow its business by: - correct
answer ✔✔acquiring company at a different stage in the supply chain
which of the following is true of the "apparel supply chain"? - correct answer ✔✔it is a
complicit network of suppliers and/or vendors involved directly or indirectly in fulfilling
customer demand for apparel
a collaborative supply chain (two-way flow of information) has both negatives and positives.
One of the positives is a quick replenishment. two other positives include: - correct answer
✔✔better price and more agility in responding to opportunities
in a mature industry, companies compete through differential advantage. what is a 'differential
advantage'? - correct answer ✔✔it's a competitive edge over other companies
which of the following is true of 'product development'? - correct answer ✔✔product
development is the strategic, creative, technical, production and distribution planning of goofs
having a perceived value for a well-defined consumer group
,wholesale brand products are developed for exclusive distribution by a particular retailer -
correct answer ✔✔TRUE
wholesale brands: - correct answer ✔✔created under proprietary label and sold at wholesale
for retailers
what allows product developers to collaborate with multiple supply chains, even for the same
product? - correct answer ✔✔PDM and PLM
what is "diversification"? - correct answer ✔✔diversification is a growth strategy in which a firm
expands its product mix to capitalize on brand recognition, increase sales and thus enhance
efficiencies for greater profit
the role of product developers: - correct answer ✔✔-design apparel styles
-write specifications for construction of the apparel styles
-coordinate style selections to develop a product line
an example of horizontal integration: - correct answer ✔✔LVMH buying Proenza Schouler
Dollar General buying Family Dollar
Steve Madden buying Dolce Vita shoes
when a store sells only private brand, what may these brands also be called? - correct answer
✔✔store brands
an example of vertical integration: - correct answer ✔✔hanes brands buying a textile mill
globalization of the apparel industry has decreased in recent years due to the activities of the
WTO - correct answer ✔✔FALSE
, identification of appropriate sourcing partners requires ongoing analysis and assessment -
correct answer ✔✔TRUE
agile manufacturing requires: - correct answer ✔✔identifying and focusing on core
competencies
partnering with other specialists
what is vertical integration? - correct answer ✔✔seeks to consolidate a supply chain by
acquiring companies at other stages in the supply chain
what kind of brands are created under a proprietary label and sold at wholesale for distribution
to retailers? - correct answer ✔✔wholesale
the apparel supply chain includes many auxiliary businesses, including software providers -
correct answer ✔✔TRUE
which of the following is true of the price point category of designer "RTW"? - correct answer
✔✔known as "pret-a-porter"
the most expensive garments that can be bought off the rack, usually carrying the name of the
person who created the style
trend forecasters look to this price point for the next big thing
the planning, development and presentation of the product line from concept to delivery: -
correct answer ✔✔merchandising
an off-price retailer is a form of: - correct answer ✔✔specialty store
