FINAL QUIZ COMPLETE WITH MARKING SCHEME
Pass mark: 21 out of 30 correct = 70%
Question 1
LVMH created an environmental department...
A) 10 years ago
B) 20 years ago
C) 30 years ago
D) 5 years ago
Question 2
Which of the following proposals are part of the 7 essential
characteristics that help measure the luxuriousness of an offer? (Select
all that apply)
A) Quality
B) Scarcity
C) Personalized services
D) Controlled channels
Question 3
, Select the sectors that are part of the LVMH ecosystem. (Select all that
apply)
A) Fashion & Leather Goods
B) Wines & Spirits
C) Perfumes & Cosmetics
D) Watches & Jewelry
E) Selective Retailing
F) Hospitality
Question 4
A brand DNA is based on:
A) Heritage only
B) Values only
C) Heritage and Values
D) Marketing campaigns only
Question 5
According to Bain & Company, by 2030, within the personal luxury
goods market, online sales will represent:
A) 15% of luxury sales
B) 25% of luxury sales
C) 33% of luxury sales
D) 50% of luxury sales