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Exam (elaborations)

BUSINESS LVMH EXAM QUESTIONS WITH CORRECT ANSWERS

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  • Course
  • LVMH
  • Institution
  • LVMH

BUSINESS LVMH EXAM QUESTIONS WITH CORRECT ANSWERS

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  • November 6, 2024
  • 1
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • LVMH
  • LVMH
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Lectphilip
BUSINESS LVMH EXAM QUESTIONS WITH CORRECT
ANSWERS
LVMH - ANSWER -Louis Vuitton is a French multinational luxury goods conglomerate, made
up of multiple business entities


Tiffany - ANSWER -American luxury jewelry and specialty retailer


Situation - ANSWER -LVMH wants to acquire Tiffany in order to boost presence in US market
and improve jewelry segment. Offered $14.5 billion


Stakeholder - ANSWER -A person with interest or concern in a business


Internal Stakeholder - ANSWER -Member of organization


External Stakeholder - ANSWER -Do not form part of business but have direct interest /
involvement


Argument - ANSWER -If tiffany takes the deal, various stakeholders will be greatly impacted


Shareholders - ANSWER -Internal. Offered $120 each share. Can take it or request more.
Goals: Maximize dividends + raise value of share price


Competition - ANSWER -External. Goal: Compare performance to improve their own, be
innovative. Will: Expand. Change prices. Make new products. Keep up with Tiffany and their
changes/ improvements


Customer - ANSWER -External. Goal: Affordable prices, convenience, quality service. Affected
by price changes. New management = diff quality service


Closing Statement - ANSWER -These views should be taken into account as Tiffany makes
decision since they'll be greatly impacted by the outcome

BUSINESS LVMH EXAM QUESTIONS WITH CORRECT
ANSWERS

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