BUISENESS MANAGEMENT
MARKETING
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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A business makes women’s clothes. It plans to sell abroad for the first time. Which one ofthe following is a likely disadvantage of this decision?1) It will have to sell at lower prices than in the domestic market2) It will have to consider changing the style of clothes3) It will have to buy many shops to enter the market4) It will have to advertise on TV in this country
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Explanation:
Detailed explanation-1: -The business of buying clothes from manufacturers and selling them to customers is known as retail.
Detailed explanation-2: -The clothing and clothing accessories stores subsector is part of the retail trade sector.
Detailed explanation-3: -The fashion industry encompass many different smaller and more niche industries. Often people think of it as just retail/online stores, design houses and brands, and fashion magazines. However, there are other craftspeople and industries in the manufacturing of clothes.
There is 1 question to complete.