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FM_chp 4 Review

AB
four groups approachPrimary, secondary, retail and auxilary groups
Soft goods chainalso know as the textile apparel pipeline
Channel of distributionroute that products take from the original source, through all middle people to the end user
Primary groupthis group provides the raw marterials from whcih fashion products are made
Secondary groupthis is the manufacturing segment which makes finished farments from the textiles; product product
Retail groupconsists of stores, mail order catalogs, TV home shopping channels, Internet reatils sties; all these sell the finished goods
Auxiliary groupthis group includes market researches and forecasters who product information about trends
Vertical integrationthe combining of two or more steps of the pipeline within one company and under one management
Trade associationsnonprofit, voluntary organizations made up of businessess that have common interest; attempt to improve the industry

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