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Business LVMH questions with 100% correct answers
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Business LVMH questions with 100% correct answers
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Business LVMH questions with 100%correct answers
LVMH - correct answer ✔✔Louis Vuitton is a French multinational luxury goods conglomerate, made up
of multiple business entities
Tiffany - correct answer ✔✔American luxury jewelry and specialty retailer
Situation - correct answer ✔✔LVMH wants to acquire Tiffany in order to boost presence in US market
and improve jewelry segment. Offered $14.5 billion
Stakeholder - correct answer ✔✔A person with interest or concern in a business
Internal Stakeholder - correct answer ✔✔Member of organization
External Stakeholder - correct answer ✔✔Do not form part of business but have direct interest /
involvement
Argument - correct answer ✔✔If tiffany takes the deal, various stakeholders will be greatly impacted
Shareholders - correct answer ✔✔Internal. Offered $120 each share. Can take it or request more. Goals:
Maximize dividends + raise value of share price
Competition - correct 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 - correct answer ✔✔External. Goal: Affordable prices, convenience, quality service. Affected
by price changes. New management = diff quality service
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