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Inside LVMH questions and answers fully solved
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Inside LVMH questions
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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
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