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Question

Selling and buying activity of fashion goods is called:

The correct answer is
Fashion Retailing

Defining Fashion Selling and Buying Activity

The question asks for the specific term that describes the process of engaging in the selling and buying of fashion goods.

Analyzing Fashion Business Terms

Let's examine the provided options to determine the most accurate term:

  • Fashion Merchandising involves planning, buying, and selling fashion products, often focusing on the overall strategy to meet customer demand.
  • Fashion Advertising is focused specifically on promoting fashion products to potential customers.
  • Fashion Retailing directly relates to the sale of fashion goods to the end consumer. This inherently involves both the buying aspect (acquiring goods for sale) and the selling aspect (offering them to customers).
  • Fashion Designing is the creative process of conceptualizing and creating new fashion items.

Conclusion on Fashion Activity

Based on the analysis, the activity involving the direct selling and buying of fashion goods, particularly with the intent of transferring ownership to consumers, is best described as Fashion Retailing.

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Important Questions from Marketing Management

  1. Match List I with List II regarding distribution polices & strategies.
    List-1List-II
    (a) Selective distribution→ (i) Convenience items
    (b) Intensive distribution→ (ii) Consignment, Franchise, symbiotic
    (c) Exclusive distribution→ (iii) Specialty / high unit value items
    (d) Special distribution→ (iv) Shopping items
  2. Knock - offs are :
    A. Original design of a brand
    B. Copy or near-by copy of a design
    C. High cost version of a design
    D. Labour saving production
    E. Low cost version of an original design
    Choose the correct answer from the options given below :
  3. Which of the following is not a Dart equivalent?
  4. Which of the following parts of machine needle fit into the needle bar?
    (a) Shank
    (b) Blade
    (c) Butt
    (d) Scarf
    Choose the correct answer from the options given below:
  5. A guest relation program adopted in a restaurant should include :
    (a) Anticipate customer need
    (b) Never admit mistakes
    (c) Do not specify the time of delivery
    (d) Use pleasant and reassuring words
    (e) Observe customer behaviour
    Code :
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