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MDSE 2350 ACTUAL Questions and Answers (2024 / 2025) (Verified Answers)
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MDSE 2350 ACTUAL Questions and Answers (2024 / 2025) (Verified Answers)
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MDSE 2350- ANS-Differential advantage is one way that mature industries attempt to stand out from the
crowd of apparel retailers. Which of the following is not a differential advantage?
- A, B, and D - ANS-An example of horizontal integration is:
A - LVMH buying Proenza Schouler
B - Dollar General buying Family Dollar
C - Disney buying Pixar
D - Steve Madden buying Dolce Vita shoes
- A, B, and D
- Created under a proprietary label and sold at wholesale to retailers - ANS-Wholesale brands
are:
- Created under a proprietary label and sold at wholesale to retailers
- Designed by a manufacturer exclusively for one retailer
- Developed and merchandised with labels owned by a retailer
- Made and sold to consumers only by the manufacture
- Hanes Brands buying a textile mill. - ANS-An example of vertical integration is:
- Steve Madden Shoes buying Dolce Vita shoes.
- Dollar General buying Family Dollar.
- Hanes Brands buying a textile mill.
A and C. - ANS-Sourcing refers to:
A - procurement practices.
B - testing of sourced garments.
C - evaluation of supply partners.
D - A and C.
A, B and D. - ANS-The advantages of owning and developing private brands includes which of
the following?
A - customization of merchandise for their specific customer.
B - higher margins
C - faster turnover
D - control the timing of markdowns
E - A, B and D.
, A, B, and D - ANS-The advantages of owning and developing private brands includes which of
the following?
A - customization of merchandise for their specific customer
B - higher margins
C - faster turnover
D - control the timing of markdowns
E - A, B, and D
Acquiring control of all of the steps in the production of its products - ANS-A fully vertically
integrated company seeks to consolidate and/or grow its business by:
- Acquiring a company at a different stage in the supply chain
- Acquiring control of all of the steps in the production of its products
- Acquiring another firm/competitor at the same stage of the supply chain
- Gaining a monopoly in one stage of the supply chain
All of the above - ANS-The role of product developers is:
- To design the apparel styles
- To write specifications for construction of the apparel styles
- To put style selections together to form a product line
- All of the above
Apparel supply chains today are collaborative. - ANS-Which of the following is one of the many
differences between apparel supply chains of the past and apparel supply chains of today?
- Apparel supply chains today are collaborative.
- Apparel supply chains of the past were flexible.
- Apparel supply chains of today are linear.
better price, more agility in responding to opportunities - ANS-A collaborative supply chain
(two-way flow of information) has both negatives and positives. One of the positives is quick
replenishment. Two other positives include:
- better price, more agility in responding to opportunities
- more agility in responding to opportunities, sharing risk and reward
- sharing risk and reward, better price
Developed and merchandised for exclusive distribution by a retailer - ANS-Private brand
products are:
- Created under a proprietary label and sold at wholesale to retailers
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