QUESTION 01
The question is:
"Traceability is about understanding where exactly your products came from, including the
raw materials used to create them. Select the correct answer 'Luxury & Society Course'."
The options given are:
● True
● False
,Based on the definition of traceability, the statement provided is accurate. Therefore, the
correct answer would be True.
QUESTION 02
,The question is:
"Indirect procurement includes, among others, raw materials, components, machinery,
equipment or specialized tools required for manufacturing. Select the correct answer
'Operations & Supply Chain Course'."
The options are:
● True
● False
Let's break down the statement:
● Indirect procurement typically refers to the purchasing of goods and services that
are necessary for a company's operations but are not directly incorporated into the
final product. Examples include office supplies, consulting services, maintenance,
etc.
● Raw materials, components, machinery, equipment, or specialized tools
required for manufacturing generally fall under direct procurement because they
are directly involved in the production of the final goods.
Therefore, the statement that "Indirect procurement includes... raw materials, components,
machinery, equipment or specialized tools required for manufacturing" is false.
, QUESTION 03
The question is:
"According to Anne Michaut from HEC, what defines the 'Scarcity' aspect of luxury? Select
the correct answer 'LVMH & the luxury industry Course'."
The options provided are:
● Easy accessibility
● Exclusive editions and meaningful collaborations
● Mass production
Let's analyze the options in the context of "scarcity" in luxury:
The question is:
"Traceability is about understanding where exactly your products came from, including the
raw materials used to create them. Select the correct answer 'Luxury & Society Course'."
The options given are:
● True
● False
,Based on the definition of traceability, the statement provided is accurate. Therefore, the
correct answer would be True.
QUESTION 02
,The question is:
"Indirect procurement includes, among others, raw materials, components, machinery,
equipment or specialized tools required for manufacturing. Select the correct answer
'Operations & Supply Chain Course'."
The options are:
● True
● False
Let's break down the statement:
● Indirect procurement typically refers to the purchasing of goods and services that
are necessary for a company's operations but are not directly incorporated into the
final product. Examples include office supplies, consulting services, maintenance,
etc.
● Raw materials, components, machinery, equipment, or specialized tools
required for manufacturing generally fall under direct procurement because they
are directly involved in the production of the final goods.
Therefore, the statement that "Indirect procurement includes... raw materials, components,
machinery, equipment or specialized tools required for manufacturing" is false.
, QUESTION 03
The question is:
"According to Anne Michaut from HEC, what defines the 'Scarcity' aspect of luxury? Select
the correct answer 'LVMH & the luxury industry Course'."
The options provided are:
● Easy accessibility
● Exclusive editions and meaningful collaborations
● Mass production
Let's analyze the options in the context of "scarcity" in luxury:
