Exam (elaborations)
Inside LVMH questions and answers fully solved
- Course
- Institution
Inside LVMH questions
[Show more]
Content preview
Inside LVMH questionsAccording to Anne Michaut, select key principles of Luxury. - answer Consumers have a
range of consumption motivations.
Consumers tend to express their values through the brands they select.
Brands can become powerful personal branding tools as they project clear and strong
values.
Brands can deliver higher perceived value to their customers by expressing their own
values.
A commonly used definition of Sustainability is based on three pillars: maximizing
simultaneously the biological system goals, economic system goals, and social system
goals. - answer True
Sustainability and sustainable development can be seen as the ability to meet the
needs of the present without compromising the ability of future generations to meet their
own needs. - answer Agree
Emotional value... - answer is the perceived value acquired from the association with
one or more specific social groups.
is about the ability of brands to create affective responses all the way to strong
emotions of joy and pride, and to identify and nurture these emotions.
According to Serge Carreira, which are the essential values of luxury? - answerAll of the
above (Quality beyond aesthetic
Legacy beyond desire
Emotion beyond ownership
Creativity beyond trends)
How is Sephora reducing CO2 impacts? - answerby using renewable energy contracts
by reducing the packaging
by promoting "Good for" sustainable product selection
Which of the following are part of LVMH's LIFE 360 Program to positively impact the
environment? - answerProtect Biodiversity
Fight Climate Change
Creative Circularity
Traceability and Transparency
What is the goal of the Bee Respect platform? - answerA platform that offers more
transparency on the supply chain and whole life cycles of Guerlain products
, Louis Vuitton launched in 2020 its Committed Journey program, with an environmental
roadmap based on three pillars. - answerFoster sustainable viticulture
Deploy circular creativity processes
What are the talent-centric objectives to foster an inclusive culture at LVMH? -
answer50% of women in key positions by 2025
2% of people with disability by 2025
30% of people of color in leadership positions in the US by 2026
The Life Cycle Assessment (LCA) is a methodology assessing the environmental
impacts that are associated with the whole life cycle of a product, process or service. -
answerTrue
The circular economy is a model of production and consumption which involves sharing,
leasing, reusing, repairing, refurbishing and recycling existing materials and products as
long as possible - answerTrue
How is Parfums Christian Dior committed to protect flowers? - answerby cultivating
flowers on a regenerative way within the upstream supply chain
by helping reintroduce flowers into agricultural ecosystems
How can you help your (future) organisation harness diversity in a way that promotes
greater inclusion? - answerAll of the above ( Being aware that out-group bias exists and
we are all prone to it
Being open to difference and learning helps counteract exclusion
Acting as an ally when you see inequity or exclusion)
The goal of the IME (Institut des Metiers d'Excellence) is to... - answerTransmit savoir-
faire
According to Fabrizio Buonamassa from Bvlgari, design can be seen as art applied to
industry. - answerYes
At Louis Vuitton, what does every design project start with? - answerResearching
What fields are included in the ASCEND framework presented by Thomaï Serdari which
organises the understanding of creativity? - answerEngineering
Science
Arts
Design
At Hublot, what are the three functions a watchmaker holds? - answerDesigner
Project Manager
Draftsman
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $14.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
79373 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now