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Design and Fashion problems
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1. Are you computer literate in relation to fashion design? Would you be able to use software to produce designs?
Correct Answer: Be frank Some established designers use no or little computer software in their work Others rely heavily on technology (CAD) Simply explain how you work If you are an efficient designer, your use of computer software will not be relevant
2. In what general area of design do you work or wish to work?
Correct Answer: The areas are generally divided into three groups: * street fashion (mass-manufactured high fashion); *ready-to-wear (small collections); * haute couture, where unique cat-walk garments are created mostly without practical considerations Don?t try to impress employees with what you are not If you are an expert in high street fashion ? you will be appreciated and find plenty of work
3. What are your qualifications as a fashion designer?
Correct Answer: This question can be answered in several ways You can describe your education: fine arts with fashion/design focus You can describe your work experience: fashion houses, employers, employees, and of course your actual work (the portfolio) Or you can describe your personal characteristics
Correct Answer: Designers stay current by reading magazines, browsing the internet, attending fashion shows, and studying technical manuals They study the history of fashion to better understand its development and current tendencies
5. What according to you is a favorite part of being a fashion designer ?
Correct Answer: The interviewer asks the queries to interviewee to know the interest of an individual This is because if an individual has more interest in a particular part, then there will be more chances of getting a job in an area of interest and specialization The employer wants to know you're serious about pursuing a career in fashion Companies spend a lot of time and money training employees, so before they make that investment, they want to make sure you're not just applying for a job in the industry on a whim
6. What is capital structure? What are the principles of capital structure management?
Correct Answer: Capital structure is a term which is referred to be the mix of sources from which the long term funds are required for business purposes which are raised to improve the capital of the company To fund an organization plan this capital structure is required which is the combination of debt and equity The management ensures the capital structure accesses which are needed to fund future growth and enhance financial performance The principles of capital structure management which are essentially required are as follows:- 1) Cost Principle 2) Risk Principle 3) Control Principle 4) Flexibility Principle 5) Timing Principle
Correct Answer: A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded The money market is used by participants as a means for borrowing and lending in the short term, from several days to just under a year Money market securities consist of negotiable certificates of deposit (CDs), bankers acceptances, US Treasury bills, commercial paper, municipal notes, federal funds and repurchase agreements (repos)
Correct Answer: Demat means Dematerialisation of share, in simple it is an account with which a person can trade in security market without which a person cannot buy or sell any share in security market
9. Explain derivatives in terms of capital markets ?
Correct Answer: The term derivative indicates that it has no independent value that is its value is entirely derived from the values of the underlying assets The underlying asset can be securities, commodities , bullion, currency, livestock or anything else
10. What is insider trading and why is it illegal?
Correct Answer: Undergraduates may get this question as feelers of their business knowledge Insider trading describes the illegal activity of buying or selling stock based on information that is not public information This is to prevent those with privileged information (company execs, I-bankers and lawyers) from using this information to make a tremendous amount of money unfairly