Week 3: Trends Flashcards
1
Q
a general direction of change: a way of behaving, proceeding, etc. that is developing and becoming more common
A
trends
2
Q
a pattern of change or any event or behaviour that occurs and changes in a regular manner and is very likely to continue.
A
trend
3
Q
the examination of these phenomena (trends) and speculation on the likely impact they will have in the future.
A
trend analysis
4
Q
the practice of collecting data with the goal of finding a pattern or a trend.
A
trend analysis
5
Q
The 3 characteristics of a trend
A
- Trends are a complete synthesis of information from a wide variety of fields.
- All trends use pattern identification and recognition to make predictions when talking about the future.
- Trends use time frames to evaluate their evolution.
6
Q
The 3 simplest steps on how to spot a trend:
A
- Observe the present
2, Study the past - Connect the dots
7
Q
anything that is extremely popular for a short period of time then eventually disappears almost entirely.
A
fad
