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Ritu has completed her B.Tech. in textile designing. She wants to start a ready-made garments manufacturing unit. She wants to manufacture trendy garments for children below the age of one year. She approached a popular trend spotter to help her with the same. The trend spotter demanded ₹ 2,00,000 from Ritu to help her. Looking at the high fee demanded, she decided to do the trend spotting by herself. She decided to identify the trend by talking to the parents of the newly born. The method that Ritu adopted to spot the trend is:
  • a)
    Watch trends
  • b)
    Think trends
  • c)
    Talk trend
  • d)
    Read trend
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
Ritu has completed her B.Tech. in textile designing. She wants to star...
Talk Trends: talking to people is equally important trend spotting activity which helps the entrepreneur to get inputs on the needs of the customer. This can be done both online and offline.
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Ritu has completed her B.Tech. in textile designing. She wants to star...
The correct answer is option 'C' i.e. Talk trend.

Explanation:

To spot the trend for her ready-made garment manufacturing unit, Ritu decided to identify it by talking to the parents of newly born children. This method of identifying the trend is known as talking trend. It involves talking to the target audience and understanding their preferences, likes, and dislikes.

Talking trend is one of the most effective and reliable ways of identifying the trend. It helps in understanding the customer's needs and expectations, which can then be used to design and develop products that meet those needs.

Some of the advantages of talking trend method are:

1. Helps in understanding customer preferences: By talking to the target audience, businesses can gain a better understanding of their preferences, likes, and dislikes.

2. Helps in developing targeted products: The insights gained from talking to the target audience can be used to develop products that meet their specific needs and preferences.

3. Cost-effective: Talking trend is a cost-effective way of identifying the trend as it does not involve any expensive tools or techniques.

4. Builds customer loyalty: By involving customers in the product development process, businesses can build customer loyalty and increase customer satisfaction.

In conclusion, talking trend is an effective method of identifying the trend, and Ritu made the right decision by adopting this method to spot the trend for her ready-made garment manufacturing unit.
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Ritu has completed her B.Tech. in textile designing. She wants to star...
C
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Ritu has completed her B.Tech. in textile designing. She wants to start a ready-made garments manufacturing unit. She wants to manufacture trendy garments for children below the age of one year. She approached a popular trend spotter to help her with the same. The trend spotter demanded 2,00,000 from Ritu to help her. Looking at the high fee demanded, she decided to do the trend spotting by herself. She decided to identify the trend by talking to the parents of the newly born. The method that Ritu adopted to spot the trend is:a)Watch trendsb)Think trendsc)Talk trendd)Read trendCorrect answer is option 'C'. Can you explain this answer?
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Ritu has completed her B.Tech. in textile designing. She wants to start a ready-made garments manufacturing unit. She wants to manufacture trendy garments for children below the age of one year. She approached a popular trend spotter to help her with the same. The trend spotter demanded 2,00,000 from Ritu to help her. Looking at the high fee demanded, she decided to do the trend spotting by herself. She decided to identify the trend by talking to the parents of the newly born. The method that Ritu adopted to spot the trend is:a)Watch trendsb)Think trendsc)Talk trendd)Read trendCorrect answer is option 'C'. Can you explain this answer? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Ritu has completed her B.Tech. in textile designing. She wants to start a ready-made garments manufacturing unit. She wants to manufacture trendy garments for children below the age of one year. She approached a popular trend spotter to help her with the same. The trend spotter demanded 2,00,000 from Ritu to help her. Looking at the high fee demanded, she decided to do the trend spotting by herself. She decided to identify the trend by talking to the parents of the newly born. The method that Ritu adopted to spot the trend is:a)Watch trendsb)Think trendsc)Talk trendd)Read trendCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Ritu has completed her B.Tech. in textile designing. She wants to start a ready-made garments manufacturing unit. She wants to manufacture trendy garments for children below the age of one year. She approached a popular trend spotter to help her with the same. The trend spotter demanded 2,00,000 from Ritu to help her. Looking at the high fee demanded, she decided to do the trend spotting by herself. She decided to identify the trend by talking to the parents of the newly born. The method that Ritu adopted to spot the trend is:a)Watch trendsb)Think trendsc)Talk trendd)Read trendCorrect answer is option 'C'. Can you explain this answer?.
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