Podcast
Questions and Answers
What is the difference between a trend and a fad?
What is the difference between a trend and a fad?
Trend is long-lived and accepted by a wide range of audience, while a fad is a short-term event characterized by enthusiasm over a short period of time.
How would you define a trend in the context of arts, fashion, and music?
How would you define a trend in the context of arts, fashion, and music?
In arts, fashion, and music, trend refers to a prevailing style or preference, such as the realism movement in art or the popularity of certain music genres.
What does the term 'long-lived' imply in the description of trends?
What does the term 'long-lived' imply in the description of trends?
Long-lived implies that trends persist for a considerable period of time, as opposed to fads which are short-term.
Give an example of a trend in the economic sphere.
Give an example of a trend in the economic sphere.
How can trends influence lifestyle and culture?
How can trends influence lifestyle and culture?
What characteristics make a trend accepted by a wide audience?
What characteristics make a trend accepted by a wide audience?
How can one spot a trend in a particular industry or field?
How can one spot a trend in a particular industry or field?
What are the characteristics of a fad?
What are the characteristics of a fad?
Why are trends considered influential in shaping society?
Why are trends considered influential in shaping society?
What distinguishes trends from fads in terms of impact on society?
What distinguishes trends from fads in terms of impact on society?
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Study Notes
Trend vs Fad
- A trend is a general direction in which something is developing or changing, a pattern of gradual change, or a prevailing style or preference.
- A fad is a short-term event, characterized by lots of enthusiasm and energy over a short period of time.
Trend Spotting
- Trend spotting is the identification of new trends or attempting to see the future.
- A trendsetter is a person who starts a trend.
- A trend spotter is a person who notices and reports on new fashions, ideas, or activities that are becoming popular.
How to Spot a Trend
- Identify innovative ideas, new products, or services that are emerging in the market.
- Observe if entrepreneurial and business firms are participating to develop and innovate these ideas.
- Notice if there is growing consumer and public awareness of the trend.
Trend Analysis
- Trend analysis is the widespread practice of collecting information and attempting to spot a pattern or trend in the information.
- It involves predicting the trend and is a valued skill for the global citizen.
FAD or TREND Identification
- Examples of trends: 3D printing, online banking, touch screen devices, denim jeans, power banks, distance learning.
- Examples of fads: loom bands, virtual pets, fidget spinner, Candy Crush app.
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