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Global Sourcing in the Textile and Apparel Industry

Jung E. Ha-Brookshire

Chapter 3

Global Trends, Business Types, and Global Sourcing - all with Video Answers

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Chapter Questions

03:33

Problem 1

Ask 10 different people how they perceive the terms fiber-textile-apparel complex, textile and apparel industry, and softgoods industry. Ask what they think of these industries. Compare and contrast their responses. What did you find out?

Dr.  Satish  Ingale
Dr. Satish Ingale
Numerade Educator

Problem 2

Repeat question 1 using the terms wholesalers, intermediaries, and importers. Review the comments and discuss what you found out.

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Problem 3

Review the North American Free Trade Agreement (NAFTA) at the Executive Office of the President website and the North American Industry Classification System (NAICS) at the U.S. Census Bureau website. Explain how NAFTA affected the creation of NAICS.

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01:55

Problem 4

Review trade data of textile and apparel imports and exports in the world from the World Trade Organization's Statistics: International Trade Statistics 2011 website. What do you conclude about the impact of the United States and China on the global textile and apparel industry?

KM
Kanishk Mishra
Numerade Educator

Problem 5

Conduct primary and secondary research on what textile and apparel businesses do in New York, San Francisco, Atlanta, and Dallas (you may be able to talk to people who are working in these cities and ask what their companies do). Conclude whether they are manufacturers, wholesalers, or retailers, following the definition of each term.

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Problem 6

Discuss how the approach to global sourcing would be different for these different types of businesses.

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