Innovation In Product Development Verified Answers
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Innovation In Product Development Verified Answer
Innovation In Product Development Verified Answers
what is fashion? ️- a reflection of the prevailing ideas within a society or group at a given point in
time - a trend is the direction in which ideas, products, or values tend to move - reflects and affects culture,
society, or business - n...
innovation in product development verified answers
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Innovation In Product Development Verified Answers
what is fashion? ✔️- a reflection of the prevailing ideas within a society or group at a given point in
time
- a trend is the direction in which ideas, products, or values tend to move - reflects and affects culture,
society, or business
- new styles may help us embrace new technology or express lifestyle or value shifts
FAD ✔️an innovation with a short popularity spurt
Trickle-Down Theory ✔️based on observation that many new fashion ideas start on designer runways
and are reinterpreted at lower price points
Trickle-Up Theory ✔️street fashions which are reinterpreted by designers and mass marketers
Trickle-Across Theory ✔️process involving little lag time between adoption from one group to another
Enviromental Scanning ✔️the ongoing process of surveying a variety of resources for economic,
political, social, technological, and cultural conditions for insights into the future
Long-Term Forecasting ✔️the process of analyzing the sources, patterns, and causes of change through
the evaluation of current events in order to identify and anticipate directional shifts in business
strategies, consumer behavior and lifestyle, and global dynamics
Short-Term Forecasting ✔️focuses on current/upcoming events and pop culture phenomena that can
be translated into fashion trends in the next 12-18 months
Enviromental Scanning Influences ✔️- current events
- the arts
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