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PLM MIDTERM STUDY QUESTIONS & ANSWERS 100% CORRECT!!
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PLM MIDTERM STUDY QUESTIONS & ANSWERS 100% CORRECT!!
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PLM MIDTERM STUDYQUESTIONS &
ANSWERS 100%
CORRECT!!
PLM
Evatee 10/3/24 PLM
,PLM MIDTERM STUDY QUESTIONS &
ANSWERS 100% CORRECT!!
(T/F) In the apparel industry, tasks once performed by in-house engineers and
production managers are now the responsibility of creative and technical
designers working with merchandisers, quality assurance specialists, and
sourcing teams. Answer - True
A company that is fully vertically integrated seeks to consolidate and/or grow
its business by:
a) acquiring companies that expand its product mix to capitalize on brand
recognition and increase sales for greater profit.
b) acquiring control of all the steps in the production of its products
c) acquiring another firm/competitor at the same stage of the supply chain
d) gaining a monopoly in one stage of the supply chain Answer - b) acquiring
control of all the steps in the production of its products
(T/F) Signature stores give manufacturers direct retail access to their
consumers at full price and access to direct consumer feedback. Answer - True
Wholesale brands are:
, a) created under a proprietary label and sold at wholesale to retailers
b) designed by a manufacturer exclusively for one retailer
c) developed and merchandised with labels owned by a retailer
d) made and sold to consumers only by the manufacturer Answer - a) created
under a proprietary label and sold at wholesale to retailers
The apparel supply chain includes all the companies directly involved in
designing, supplying material components, manufacturing and distributing
apparel as well as auxiliary businesses such as:
a) sourcing agents
b) factors
c) testing laboratories
d) all of the above Answer - d) all of the above
The product type with the most predictable demand is:
a) basic product
b) seasonal product
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