Paper 3 2024

Which factor plays a significant role in shaping global clothing market trends, including customer tastes and preferences?

• Government regulations

• Social media influencers

• Weather patterns

• Currency exchange rates

What is a common ethical consideration in the global clothing industry?

• Fast fashion production

• Limited edition releases

• Seasonal sales

• Exclusive collaborations

In the UK clothing markets, what distinguishes independent businesses from multinationals?

• Independent businesses focus on international markets

• Multinationals operate in only one country

• Multinationals have a global presence, while independents are locally focused

• Independent businesses are publicly traded

Where are some common global clothing manufacturing locations?

• United States and Canada

• Western Europe and Australia

• South Asia and Southeast Asia

• South America and Africa

What impact do global clothing multinationals have on local markets?

• Decrease in competition

• Limited product variety

• Job creation and economic growth

• Higher prices for consumers

In the UK clothing retail market, what is a key aspect of financial performance?

• Selling prices of clothing items

• Number of social media followers

• Store aesthetics

• Availability of parking spaces

What is a common factor contributing to business growth among UK clothing retailers?

• Reducing product variety

• Expanding into international markets

• Decreasing marketing efforts

• Limiting online presence

What distribution method is commonly used by UK clothing retailers for online sales?

• Exclusively through physical stores

• Dropshipping

• Direct sales from manufacturing units

• Subscription boxes

What is a key consideration in the distribution methods used by UK clothing retailers?

• Slow shipping times

• Sustainable packaging

• Limited payment options

• Exclusive in-store pickups

What is your Paper 3 Pre-release industry?

• Delivery companies

• Clothing retail

• Global marketing

• Ethical business