Exam (elaborations)
BUSINESS LVMH TEST
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BUSINESS LVMH TEST...
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LVMH - Answer Louis Vuitton is a French multinational luxurygoods corporation, consisting of various corporate organisations.
Tiffany - Answer The American luxury jewellery and speciality
retailer
Situation - Answer LVMH intends to acquire Tiffany to increase its
position in the US market and develop the jewellery segment. Offered
$14.5 billion.
Stakeholder - Answer A person who is interested or concerned about
a business.
Internal Stakeholder: ANSWER Member of Organisation
External Stakeholder: ANSWER Do not form part of the business but
have direct interest or involvement.
Argument: ANSWER If Tiffany accepts the agreement, several
parties will be substantially impacted.
Shareholders - Answer Internal. Shares were offered at $120 each.
Can accept it or want more. Goals: Maximise dividends and increase
share value.
Competition - ANSWER External. Goal: Compare and enhance their
own performance while being inventive. Will: expand. Change the
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