Eco Chic Market Analysis Quiz

The stable UK government affected business investment and confidence positively.

Changes in UK government regulations impacted businesses, affecting taxation, trade, and more.

The UK's decision to leave the European Union had a significant impact on regulations, trade, and immigration.

<p>A PESTLE analysis is used to identify and analyze the external factors that affect a business, including Political, Economic, Social, Technological, Legal, and Environmental factors.</p> Signup and view all the answers

<p>A stable government creates a favorable business environment, boosting investment and confidence.</p> Signup and view all the answers

<p>Changes in government regulations can have a significant impact on businesses, affecting taxation, trade, and more.</p> Signup and view all the answers

<p>A country analysis is used to identify and analyze the external factors that affect a business, including political, economic, social, technological, legal, and environmental factors.</p> Signup and view all the answers

<p>Analyzing political factors helps businesses understand the stability of the government, its impact on business, and the potential risks and opportunities.</p> Signup and view all the answers

<p>Private sector and government investment in research and development.</p> Signup and view all the answers

<p>Compliance with regulations and laws related to health and safety, employment, and environmental protection.</p> Signup and view all the answers

<p>The changes affected tariffs and export and import regulations of businesses in the UK.</p> Signup and view all the answers

<p>To enhance competitiveness and bring innovation.</p> Signup and view all the answers

<p>To sustain in the UK market.</p> Signup and view all the answers

<p>A crucial role.</p> Signup and view all the answers

<p>It enhances competitiveness and brings innovation.</p> Signup and view all the answers

<p>The agreements affected tariffs and export and import regulations of businesses in the UK.</p> Signup and view all the answers

<p>Reshoring can have implications for the UK fashion industry, such as bringing back manufacturing to the UK, creating jobs, and improving supply chain control.</p> Signup and view all the answers

<p>A SWOT analysis is used to identify strengths, weaknesses, opportunities, and threats in the sustainable retail second-hand clothing industry, helping to inform business strategies.</p> Signup and view all the answers

<p>Small suppliers in the fashion industry may deal with buyer power in asymmetric relationships by developing strategies to negotiate with buyers, building relationships, and finding alternative markets.</p> Signup and view all the answers

<p>A circular economy approach in the luxury fashion industry involves designing out waste and pollution, keeping products in use, and regenerating natural systems, promoting sustainability.</p> Signup and view all the answers

<p>A SWOT analysis based on Fuzzy Logic, AHP, and Fuzzy TOPSIS can be used to evaluate the sustainable retail second-hand clothing industry, identifying strengths, weaknesses, opportunities, and threats.</p> Signup and view all the answers

<p>Analyzing the financial and non-financial performance of companies in the apparel retail industry can provide insights into their overall performance, helping to identify areas for improvement.</p> Signup and view all the answers

<p>The promotion of social innovation and sustainability in fashion</p> Signup and view all the answers

<p>To analyze the sustainability of an innovation</p> Signup and view all the answers

<p>To overcome growth challenges</p> Signup and view all the answers

<p>Understanding why consumers choose sustainable fashion</p> Signup and view all the answers

<p>Implementation of marketing strategy</p> Signup and view all the answers

<p>Collaborative fashion consumption</p> Signup and view all the answers

<p>Navigating the German sustainable fashion market</p> Signup and view all the answers

<p>Examining current strategic and marketing positions</p> Signup and view all the answers

<p>Stylishly combining sustainability and style</p> Signup and view all the answers

<p>Identification of a market gap for sustainable and fashionable apparel products</p> Signup and view all the answers

<p>A mix of strategic relationships and licensing</p> Signup and view all the answers

<p>Prioritising differentiation, branding, and innovation</p> Signup and view all the answers

<p>To position Eco Chic business as the industry leader in sustainable fashion</p> Signup and view all the answers

<p>Localisation and adaptation, internet expansion, and sustainability communication</p> Signup and view all the answers

<p>Rivalry from both domestic and foreign brands that offer comparable products</p> Signup and view all the answers

<p>Zhou (2023)</p> Signup and view all the answers