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Gross domestic product encompasses the monetary value of all the goods and services that have attained completion, produced within the borders of a certain country and additionally should be within a defined timeline. The elements that make GDP distinctive is the fact that it encompasses all the public as well as private consumption, investments, government outlays as well as the exports, ignoring the imports that are occurring with the defined territory. In a nutshell, GPP presents a broad assessment of a country’s general economic activity (Higgs, 2015).

The HDI is a tool that the UN developed to assist in the assessment and consequently rank the levels of social as well as economic development in different countries through the application of the four set criteria. These include life expectancy at birth, the average years of schooling, and the expected number of schooling years as well as the gross national income per capita. Through the HDI, it is possible to track the variations in development levels over a certain course of time and additionally to offer comparison for the developments that are occurring in different countries. The creation of the HDI was meant to serve the objective of emphasizing that people along with their abilities need to be the decisive criteria for the assessment of the developments that are taking place in a country and not just the economic growth (Darvishan & Hakimzadeh, 2015). HDI are also applicable to the assessment of the national policy choices by asking the manner in which two countries that have a similar level of GNI per capita are ending up with dissimilar human development outcomes. These dissimilarities are applied in developing debates on the policy priorities by a government.

Inclusive wealth entails a monetary measure that is made if the summation of the natural, physical as well as the human assets. The natural capital encompasses the forests, land, fossil fuels as well as the minerals. The human capital is in reference to the population’s skills and education. The physical which represents the manufactured products encompass things as buildings, machinery as well as infrastructure. The reference point of the IWR is the fact that the productive base of a nation is dependent on the human capital, manufactured capital as well as the natural capital (Polasky, et al., 2015). The assessment of the human along with the natural produced capital that encompass the components of inclusive wealth provide a broader as well as a more comprehensive assessment of the performance of a country’s economy. Through the reliance on IWR as the economic measurement tool, countries will enjoy an innovative yardstick that will be offering them a new perspective relating to their economic performance in the recent decades. The measurement is better that the traditionally applied GDP in offering a reflection of the sustainable development of nations.

There are various attribute that make GDP a poor measure of a country’s economic progress. These challenges demerits include: GDP does not take into account the measurements of the quality of life in country. The quality is applied in the evaluation of the general wellbeing of individuals as well as societies in that it is wrong to confuse the quality of live with standards of living which relies on the primary income. Quality of life entails employment, wealth, physical as well as mental health and education among others Higgs, 2015). The fact that GDP fails to take the quality of life into consideration during its measurements makes it s limited measure of a nation’s progress. GDP ignores the impact that the informal markets have on an economy. It fails to address the activities of the black market where the money that is spent does not get regulated. The failure to comprehensively address the informal markets thus makes GDP a limited measure of economic progress of a nation. The fact that GDP has the tendency of overestimating the negative externalities which are the bad effects that third parties suffer following the production or consumption of a good or service makes it poor measures of economic progress. Whenever there is an increase in the GDP, there is also a concurrent increase in the adversarial externalities such as water and air pollution (Higgs, 2015). As GDP overestimates the negative externalities, it consequently limits it as a criteria for examining the welfare that between different countries.

Another measure that applies to assessing the progress of a nation is the genuine progress indicator (GPI). The advantages that come with GPI is the fact that it assists the policy makers to assess the well their citizen are doing both socially and economically (Hayashi, 2015). Human development index as an additional measure assesses the progress of a nation in three dimensions of human development. These include a healthy and long life attributed to the life expectancy at birth, knowledge attributed to the school enrollment rates and literacy levels as well as decent living standards seen via the GDP per capita. The ecological footprint as the additional measure assesses quantity of land as well as waters area that a human populations needs to be able to produce the resources they consume as well as to absorb its water via the available technologies.

In today’s fast-paced world, the fashion industry is constantly evolving, offering a plethora of opportunities for creative and passionate individuals. A diploma in fashion technology can be your stepping stone into this glamorous and dynamic field. This comprehensive guide will provide you with an in-depth understanding of what a diploma in fashion technology entails, its benefits, career prospects, and the skills you will acquire.

Understanding a Diploma in Fashion Technology
A diploma in fashion technology is a specialized program designed to equip students with the technical skills and knowledge required in the fashion industry. Unlike traditional degree programs, which may take three to four years to complete, a diploma program is often shorter, typically lasting one to two years. This makes it an ideal choice for those looking to enter the workforce quickly.

Curriculum Overview
The curriculum of a diploma in fashion technology is meticulously crafted to cover a wide range of subjects. These include:

Fashion Design Principles: Understanding the basics of design, color theory, and textile science.
Garment Construction: Learning the techniques of cutting, sewing, and finishing garments.
Pattern Making: Gaining skills in creating patterns for different types of clothing.
Fashion Illustration: Developing the ability to sketch and visualize designs.
Computer-Aided Design (CAD): Using technology to create digital designs and patterns.
Textile Studies: Exploring various fabrics, their properties, and applications.
Fashion Marketing and Merchandising: Understanding the business side of fashion, including brand management, marketing strategies, and retail management.
Benefits of Pursuing a Diploma in Fashion Technology
Fast-Track Your Career

One of the most significant advantages of pursuing a diploma in fashion technology is the relatively short duration of the program. This allows students to enter the fashion industry quicker than those pursuing a traditional degree.

Industry-Relevant Skills

The curriculum is designed in collaboration with industry experts, ensuring that the skills taught are up-to-date and relevant. This alignment with industry needs enhances employability and prepares students for various roles within the fashion sector.

Diverse Career Opportunities

Graduates with a diploma in fashion technology can explore a wide range of career paths, including:

Fashion Designer: Creating original clothing, accessories, and footwear.
Textile Designer: Developing innovative fabrics and prints.
Pattern Maker: Crafting patterns for garment production.
Fashion Illustrator: Sketching and visualizing designs for presentations.
Fashion Stylist: Curating outfits and looks for photoshoots, fashion shows, and personal clients.
Fashion Merchandiser: Managing the marketing and sales aspects of fashion products.
Skills Acquired in a Fashion Technology Diploma Program
Creative and Technical Design Skills
Students learn to blend creativity with technical expertise. This includes mastering fashion illustration, garment construction, and computer-aided design (CAD) software, enabling them to bring their ideas to life.

Textile Knowledge
Understanding different fabrics, their properties, and how they react to various design techniques is crucial. Students gain in-depth knowledge of textiles, which is essential for making informed design decisions.

Pattern Making and Draping
Creating precise patterns and draping fabric on dress forms are core skills taught in the program. These skills are fundamental in transforming design concepts into wearable garments.

Trend Analysis and Forecasting
Staying ahead of trends is critical in the fashion industry. Students learn to analyze fashion trends and predict future styles, giving them a competitive edge in the market.

Career Prospects After Completing a Diploma in Fashion Technology
Fashion Designer
Fashion designers create original clothing, accessories, and footwear. They sketch designs, select fabrics, and oversee the production process. With a diploma in fashion technology, graduates can work with established fashion houses or launch their own brands.

Textile Designer
Textile designers develop innovative fabrics and prints used in clothing and home decor. They work with various materials and techniques to create unique designs that meet market demands.

Pattern Maker
Pattern makers create templates for garment production. They ensure that the designs are translated accurately into patterns that can be used for mass production. This role requires precision and attention to detail.

Fashion Illustrator
Fashion illustrators sketch and visualize designs for presentations and marketing purposes. Their work helps designers convey their ideas to clients, manufacturers, and other stakeholders.

Fashion Stylist
Fashion stylists curate outfits and looks for photoshoots, fashion shows, and personal clients. They work closely with designers, photographers, and models to create visually appealing styles.

How to Choose the Right Fashion Technology Program
When selecting a diploma in fashion technology program, consider the following factors:

Curriculum and Faculty
Review the curriculum to ensure it covers the skills and knowledge you want to acquire. Additionally, check the qualifications and experience of the faculty members.

Industry Connections
Institutions with strong industry connections can provide better internship opportunities, guest lectures from industry professionals, and job placement assistance.

Facilities and Resources
Ensure that the institution has state-of-the-art facilities and resources, such as design studios, computer labs, and a library with fashion-related resources.

Conclusion
A diploma in fashion technology is an excellent choice for those passionate about fashion and looking to fast-track their career in this exciting industry. The program offers a blend of creative and technical skills, hands-on experience, and industry knowledge, preparing graduates for diverse roles within the fashion sector. Whether you aspire to be a fashion designer, textile designer, or fashion merchandiser, a diploma in fashion technology can open the door to numerous opportunities and set you on the path to a successful and stylish career.

Minitrex Systems
The Minitrex Company is a business entity with different divisions under different personnel heads. The company has various data and information databases. The Minitrex Company has complete operations conducted under four divisions. The divisions include the sales and marketing department, the financing department and the insurance department. The company operates four data and database information systems which include the Customer Contacts System, the Management Business Center System, the Credit Administration System and the General Management System.

Customer Contacts Database

The customer contacts are a data and information system dedicated to serving the sales and marketing department. The database maintains and controls data and information for customers contacts. The main process of data and information entry into the customer’s contacts is through the customers having direct contact with the sales and marketing department. The customers can also get information through making a phone call. The customer contact is not shared with the other department divisions. However, the Customer contacts database share data involving the orders with the credit administration database. Customer contacts database also share data containing the products and services with General Management System.

General Management System
The other form of the data processing and management platform is the General Management System. The data and processing database are used by the department of insurance division the insurance division can receive bills from the customers. The General Management System shares data and information with the customer contacts database. The data and information shared includes the products and services.

Credit Administration System
The credit administration system is the data and information processing system that obtains the billing information from the insurance department. Credit Administration System shares the credit data and information with the customer contacts database. The General Management System is controlled and managed by the insurance department.

Management Business Center System
Management Business Center System manages and process data and information within the financing department. The financing department controls data and information stored in obtained by the customers. Management Business Center System share data and information concerning the orders placed by the customers. Management Business Center System supports the World Wide Web access to the internet.

CRM Minitrex Data
The Minitrex organization has three independent departments. The finance department, the sales and marketing department and the insurance department carry out their transactions on their individual operations. The customer accesses the Minitrex and services through contacting the four areas of customer service. The customers have the freedom of accessing any customer service. The vital data and information concerning the customer contacts information are not evenly distributed between the departments. The process of disseminating and sharing the information among then departments is not defined. The Minitrex organization encounter data and information redundancy resulting from customer’s inability to use a single point service point. The data stored in the Credit Administration System is similar to the data stored in Management Business Center System. The data and information stored by the processing unit lead to data and information redundancy. The departments have no developed mode of data and information sharing. Only a sing department has properly developed a system of education through the online network. The Management Business Center System has access to thru web services hence the customers can access the services through the online services.

Explanation for Calling a customer and Failing to know he is a Customer

An individual at Minitrex can call a customer and fail to know if he is a customer due to lack of sharing the customer contact data and information. The organization has no copy or way of accessing customer contact data and information. The situation results in the organization employee failing to understand their current customer. The poor communication results to the major operation of the company failing to get accomplished due to poor infrastructure of communication (Piercy, & Lane, 2009). The members from a different department like the finance and members of the department of insurance should shares data, and the information is containing the customer contacts. However, the failure may lead to the Minitrex workers calling and failing to identify the customer.

Explanation of failing to understand that the customer had called for the third time

The reason for failing to understand that the customer called for the third time is due to the lack of clear customer registration system. The communication m system at Minitrex has no way of recording the new customers within the organization. The customer contact processing unit doesn’t have the data and information for unregistered individuals. The data and information stored is only that exist within the database. When a call is made and happens that the one calling is not a registered customer, then the system has no record to indicate how many times the person has called through the system. The fact that the individual is new he is also new to the system and people when he is not recorded in the system database.

The Process of Implementing the Customer Relationship Management (CRM)

The Customer relationship management helps in making the general tasks and the functions involving the customers easily to operate for the customers. Jon Bettman should focus on implementing clear customer platform that shares data and information of the customers evenly to all individuals (Farkas, 2011). Denny Khan should design a dynamic communication system that should facilitate the customer data being disseminated across all departments. Denny Khan should implement the automation of the operations by designing an online platform that supports the customers (Schniederjans, et al…, 2012). The system should ensure that the customer can access the services and the functionalities of the Minitrex organization at any time. The company services should get availed to the clients to ensure that all the operations have been automated. The CRM is also achieved through making a simplified system that enables the customers to receive services at one point. The organization should concentrate the business operations to a customer care service n to promote the issue of standardization. Standard services are well offered by having only one point of service delivery (Peppers, & Rogers, 2011).

All departments should be linked by a single cloud-based architecture where all departments should access the company data and information. The cloud computing technology should get applied in the Minitrex Company to facilitate easier access and to unite the departments. Uniting the department shall lead to better terms among Mariella Hopkins, Harold Blumfen, and Jon Bettmann. The togetherness would promote the customers also to emulate the unity of the company. The organization should also avail the goods and services always to the customer have to ensure that they maintain them always. The platforms such as the social media and solution solving platforms should be implemented on the company website for entertaining the customers for social networking. The solutions and feedback to the clients should be made online through chat box.