Exam (elaborations)
LVMH Certification Exam Questions And 100% Correct Answers
- Course
- Institution
LVMH Certification Exam Questions And 100% Correct Answers...
[Show more]
Content preview
LVMH Certification Exam Questions And100% Correct Answers
Choose correct sentences concerning LVMH omnichannel strategy. Choose 2
- Answer - Omnichannel is a client-centric approach driven to deliver a seamless,
qualitative, and cohesive customer experience through all channels and geographies.
- Omnichannel customer experience will be seamless because it requires collaboration
across every team, department, and via every activity from warehouse to stores.
Distribution: Does Brick and Mortar remain an important part of the Luxury story? ANS:
Yes
By 2030, according to Bain & Company, China would already have become the biggest
market for personal luxury goods. ANS: Agree
Which of the following characteristics can be helpful to measure the luxuriousness of an
offer? ANS - Price
- Quality
- Scarcity
- Signed by brands
- Controlled channels
- Personalized services
- Delivering experiential rewards
All of the above
How do Fashion & Leather Goods Maisons offer their clientèle unique customer
, experiences? - Answer - By mastering their distribution
According to Erwan Rambourg the young generation of luxury buyers have transformed
the luxury industry in certain areas such as casualization, social media or values. -
Answer true
According to Bain & Company, by 2030, online sales will represent. - Answer - 33% of
the luxury sales
What are the key values of LVMH? - Answer - Creativity & Innovation
- Entrepreneurial spirit
- Quest for excellence
- Sense of commitment
(all of the above)
What can Innovation enable at Louis Vuitton? - Answer - Share the Maison's history with
the clients
- Uphold creativity and Savoir-Faire
(all of the above)
Was Dior the first international LVMH brand to enter the Chinese market? - Answer true
A commonly used definition of Sustainability: based on three pillars maximizing
simultaneously the biological system goals, economic system goals and social system
goals. - True
Sustainability or sustainable development can be viewed as the ability to meet present
needs without compromising the ability of future generations to meet their needs. -
Agree
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 Stetson. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now