Shared Flashcard Set

Details

FACS 134
Final Review
28
Art/Design
Undergraduate 2
12/12/2016

Additional Art/Design Flashcards

 


 

Cards

Term
Factoring
Definition

Purchasing and Collecting accounts receivable or of advancing cash on the basis of accounts receivable  

Term
Pattern Grading
Definition
Creating a range of sizes by hand: (hand grading, computer grading, machine grading)
Term
3 Kinds of Manfacturing Enviroment
Definition
Mass customization, Mass Production, Short cycle production
Term

Direct Marketing Channel 
Definition

  1. manufacturers sell products directly to consumers (catalog or internet) 
Term
Limited Marketing Channel
Definition
Retailers chose the products they want to sell
Term
Extended Marketing Channel
Definition
Wholesaler and Jobber
Term
Conventional Marketing Channel
Definition
Consists of Independant companies that separatly preform manufacturing, distribution, and retailing functions.
Term
Vertical Channel
Definition
Companies that work as an united group
Term
Duldistribution/Multidisribution Channel
Definition
Manufactures sell their merch. through their own stores. As well as through retailers. (ex. Vans, Levis)
Term
Intensive distribution
Definition
Products are made available to as many consumers as possible through variety of retailer outlets
Term
Selective Distribution
Definition
Only puts merch. in certain types of stores.
Term
Exclusive Distribution
Definition
Only puts Merch. in their own stores.
Term
Retailer
Definition

  1. Any business establishment that directs its marketing effort toward the final consumer for the purpose of selling goods and services. 
Term
How to retailers differnciate them selves from others?
Definition
Size and location, Price, type of Merch., and target customer
Term
Types of Flows
Definition
Ownership flow, Physical Flow, Informative Flow, Payment flow, and Promotion flow.
Term
Types of Cutting
Definition
Hand cutting, Die Cutting, Computer cutting
Term
Market Center
Definition
Cities that house marts and showrooms but also have important manufacturing and retailing industries.
Term
Mart
Definition
Building(s) that house showrooms in which sale reps show apparel lines in to retail buyers.
Term
Market Weeks
Definition
Times in the year in which retail buyers come to show rooms or exhibit hauls to see the seasons fashion lines
Term
Trade Shows
Definition
Sponsored Shows for the purpose of promoting lines of apparel or accessories.
Term
Types of Company Ownership
Definition
Sole Proprietorship, Partnership, Corporation
Term
Patents
Definition
A publicly given exclusive right to an idea
Term
Trademarks
Definition
A districtive name, mark, work, designer, or pic. used by a company to identity its product
Term
Copyrights
Definition
To protect a number of written, pictorial, and preformed work.
Term
Ready to wear in different countries
Definition

UK: off the peg

France: pret to wear

Italy: Poda pronto

Term
Types of Consumer Research
Definition
Demographic, Psychographic, Geogrpahic, Behavior
Term
Long-range Market Analysis
Definition
Economic trends related to consumer spending patterns and business climate
Term
Short-range Market analysis
Definition
Predicting changes in retailing purpose
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