LVMH questions with 100% correct
answers A+ rated
LVMH - correct answer ✔✔louis Vuitton mote Hennessey
world biggest fashion and luxury goods group
50 brands and companies
Success - correct answer ✔✔2 people
sustaining relationship is key
Designer - correct answer ✔✔Respects brand
Brand - correct answer ✔✔Trusts designer
Control - correct answer ✔✔directly owned stores
control price, know customer, promote brand image.
Profits - correct answer ✔✔Vuitton: 80, gucci 50, armani 40
Limit Licensing - correct answer ✔✔grants rights to name production, receive fee and 3-8% of gross
sales.
popularity- brand dilution
control distribution - correct answer ✔✔piracy, parallel importing.
answers A+ rated
LVMH - correct answer ✔✔louis Vuitton mote Hennessey
world biggest fashion and luxury goods group
50 brands and companies
Success - correct answer ✔✔2 people
sustaining relationship is key
Designer - correct answer ✔✔Respects brand
Brand - correct answer ✔✔Trusts designer
Control - correct answer ✔✔directly owned stores
control price, know customer, promote brand image.
Profits - correct answer ✔✔Vuitton: 80, gucci 50, armani 40
Limit Licensing - correct answer ✔✔grants rights to name production, receive fee and 3-8% of gross
sales.
popularity- brand dilution
control distribution - correct answer ✔✔piracy, parallel importing.
