IBL week 2

One of the following is NOT a reason why retail companies fail

• Lack of proper capital

• Disaster

• Overexpansion

• Good sales

Which of the following are some of the current retail trends (2023)?

• Unlocking value

• Experience innovation

• Planet and society

• Aritificial intelligence

Some examples of companies that died due to lack of innovation are

• Nokia

• Xerox

• Samsung

• Blackberry

An example of a discount retailer is

• Sainsburys

• Tesco

• Poundland

• Walmart

An example of a specialty retailer is

• Lidl

• Matalan

• Nike

• Poundland

Inquiry-based learning is the process where students are involved in their learning, formulate questions, investigate widely, and then build understandings, meanings and knowledge

• True

• False

Fast fashion can be related to the following words

• expensive and quick

• cheaper and quick

• expensive and slow

• cheaper and slow

Sustainable fashion means avoidance of the depletion of natural resources in order to maintain an ecological balance

• True

• False

Most environmental impacts occur in textile-manufacturing countries, but textile waste is found in developed countries

• True

• False

Fashion brands are now producing almost twice the amount of clothing today compared with before the year 2000.

• true

• false