WELL VERIFIED ANSWERS [ALREADY GRADED A+}
REAL EXAM!!!!
What is the weight of the Perfumes activity in the perfumes & Cosmetics division?
- 10%
- 35%
- 70%
- 85% - ANS✔✔---35%
What are the core values of LVMH? - ANS✔✔---Creativity & Innovation
Entrepreneurial spirit
Sense of commitment
Quest for excellence
Which of the following statements is NOT one of the 6 pillars of the LVMH
business model?
- Centralized Organization
Creating Synergies
,Sustaining Savoir-Fraire
Balance across business segments and locations - ANS✔✔---Centralized
Organization
Among the four typologies of Chinese Consumers, which of the following groups
are considered as key drivers within the international landscape?
- domestic chinese
- nomadic overseas chinese
- frequent outbound travellers
- overseas chinese - ANS✔✔---Nomadic overseas chinese
Frequent outbound travellers
Select two sentences that represent innovation at LVMH?
- It enables to improve products and customers' experiences
- With innovation, we must compromise with quality
- It helps come up with new solutions that contribute to a better tomorrow -
ANS✔✔---It enables to improve products and customers' experiences
It helps come up with new solutions that contribute to a better tomorrow
What are the main challenges of innovation for a Maison?
- Innovation is too expensive
, - Dealing with time and find the right pace of innovation
- The human touch within the tech world - ANS✔✔---Dealing with time and
find the right pace of innovation
The human touch within the tech world
Which characteristics may help to measure the luxuriousness of an offer?
- price
- scarcity
- quality
- signed by brands - ANS✔✔---price
scarcity
quality
signed by brands
Select the sectors that are part of the LVMH ecosystem - ANS✔✔---- Fashion &
leather goods
- Wines & spirits
- perfumes & cosmetics
How many maisons are there within the LVMH group?
- 15
- 48