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Inside LVMH Final Quiz With Answers 2024/2025
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Inside LVMH Final Quiz With Answers 2024/2025
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Inside LVMH Final Quiz With AnswersWhat business sector generated the very best share of revenues in 2021? - ANSfashion &
leather-based goods
How many stores does LVMH manage? - ANS5,500
Which become the first Perfume released in 1947 by way of Christian Dior? - ANSMiss Dior
What are the key drivers for selective retailing maisons? - ANS- Constant innovation
-Personalisation of relationships
-Transforming purchasing in a completely unique experience
Select the modern day Maison who joined the LVMH Watches & Jewelry department. -
ANSTiffany & Co
Among the following activities, which one(s) are you able to discover within the different
activities region ? - ANS- Culture
-Art
-Lifestyle
-Hospitality
Which is the state-of-the-art Maison created inside the Perfumes & Cosmetics division? -
ANSSTELLA by means of Stella McCartney
How many Maison are those with within the LVMH Group? - ANSMore than seventy five
How many personnel paintings at LVMH? - ANS175,000
Eminete is a new Maison of the Wine & Spirits division and gives excessive qualitative. -
ANSRum
What are the core values of LVMH? - ANS- Creativity & Innovation
-Entrepreneurial Spirit
-Quest for excellence
-Sense of commitment
According to Bain & Company, via 2025 on-line income will constitute - ANSMore than 30% of
the posh sales
, Select the correct sentences related to LVMH omnichannel method - ANS- Omnichannel is a
purchaser - centric approach aimed toward presenting a regular, qualitative, and seamless
purchaser experience throughout all channels and geographic.
- Establishlising a easy omnichannel purchaser experience requires move collaboration
throughout all teams, departments, and thru all activities from warehouses to shops.
Looking at distribution, is Brick and Mortar nonetheless crucial part of the luxurious tale? -
ANSYes
Which of the following statements are part of the 6 pillars of the LVMH business model? - ANS-
Sustaining savior faire
- Creating synergies
- Balance throughout business segments and locations
- Decentralized business enterprise
Which traits may help to degree the luxuriousness of a suggestion? - ANS- Price
- Quality
- Scarcity
- Signed by way of manufacturers
What demanding situations can you be faced with whilst innovating inside the luxurious quarter?
- ANS- Integrating the human sensibility within innovation
- Finding the right tempo of innovation imposing all of the latest tech improvements quick
How are eco-aware customers adapting their intake? - ANS- Rediscovering vintage products
-Rethinking the goods as a service (condominium) and now not handiest an excellent to
personal
Consumers place a extra fee on customised products because it solutions their need for forte -
ANSTrue
From creating value to expressing cost-what are the key standards of luxurious? - ANS-
Consumers have various consumption motivations
- Consumers tend to express their values through the manufacturers they select
- Brands can emerge as effective non-public branding equipment as they venture clear and
strong values
- Brands can supply better perceived fee to their clients by expressing own values.
What is one of the maximum essential dimensions of Luxury for Serge Carreira? - ANSTrue
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