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CTD BUS 231 EXAM 2 || With Complete Questions & Solutions (Rated A+)
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CTD BUS 231 EXAM 2 || With Complete Questions & Solutions (Rated A+) CTD BUS 231 EXAM 2 || With Complete Questions & Solutions (Rated A+) What is acquisitions and mergers? - ANSWER - Purchasing another company or brand to increase market share or competitive advantage What is offshore produc...

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  • September 15, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ctd bus 231 exam 2 questions and answers
  • what are the classifications of products based on
  • what are some trend forecasting resources
  • why do manufacturers who use contractors have more

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  • Mergers and Acquisitions
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CTD BUS 231 EXAM 2 || With Complete
Questions & Solutions (Rated A+)




2024
CONCEPTIAL RESEARCHERS


, CTD BUS 231 EXAM 2 || With Complete
Questions & Solutions (Rated A+)
What is acquisitions and mergers? - ANSWER - Purchasing another company or
brand to increase market share or competitive advantage

What is offshore production? - ANSWER - Can occur through contracting with
foreign producers or by establishing own sew-only factory in a foreign country

What is a tariff? - ANSWER - Tax on imported goods

What is quota? - ANSWER - Limit on the amount of imported goods

What is Embargo? - ANSWER - Total ban on imported goods from a country

What is the reason for tariffs? - ANSWER - To raise the prices of imported foreign
goods so people choose to buy cheaper goods may domestically

What is the reason for quota? - ANSWER - To raise the prices of important foreign
good so people choose to buy cheaper good made domestically

What is the reason for embargo? - ANSWER - To punish a country economically

What do tariffs and quotas do together? - ANSWER - Level playing field between
developing countries, protect domestic industry and enable it to complete with low
cost imports

What are some apparel manufacturing trends? - ANSWER - Mass customization and
supply chain management technology

What is mass customization? - ANSWER - Application of mass production
techniques to produce of a single customer configure garment (custom Nike's) (body
scanning)

What is an example of supply chain management technology? - ANSWER -
Electronica data interchange (QR code, radio frequency identification, universal
product code)

What is supply chain management? - ANSWER - Combines all activities to
coordinate and manage the steps to produce a product, including procuring row
materials, producing goods, transporting and distributing those good, and managing
the selling process

What is a physical feature? - ANSWER - What the product really is

What is a performance feature? - ANSWER - What product does

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