SOLVED 2026
According to Anne Michaut, select key principles of Luxury. - Answer -
Consumers have a range of consumption motivations.
- Consumers tend to express their values through the brands they select.
- Brands can become powerful personal branding tools as they project clear and
strong values.
- Brands can deliver higher perceived value to their customers by expressing their
own values.
A commonly used definition of Sustainability is based on three pillars: maximising
simultaneously the biological system goals, economic system goals, and social
system goals. - Answer True
Sustainability and sustainable development can be seen as the ability to meet the
needs of the present without compromising the ability of future generations to meet
their own needs. - Answer True
Emotional value... - Answer ... Is about the ability of brands to create affective
responses all the way to strong emotions of joy and pride, and to identify and
nurture these emotions.
According to Serge Carreira, which are the essential values of luxury? - Answer
All of the above
How is Sephora reducing CO2 impacts? - Answer - by using renewable energy
contracts
- by reducing the packaging
-by promoting "Good for" sustainable product selection
, Which of the following are part of LVMH's LIFE 360 Program to positively
impact the environment? - Answer - Protect Biodiversity
- Fight Climate Change
- Creative Circularity
- Traceability and Transparency
What is the goal of the Bee Respect platform? - Answer A platform that offers
more transparency on the supply chain and whole life cycles of Guerlain products
Louis Vuitton launched in 2020 its Committed Journey program, with an
environmental roadmap based on three pillars.
(Select the proposal that is NOT a pillar of this program.)
- Responsibly source all raw materials
- Fight against climate change through ambitious actions to decrease carbon
emissions
- Foster sustainable viticulture
- Deploy circular creativity processes - Answer Foster sustainable viticulture
What are the talent-centric objectives to foster an inclusive culture at LVMH? -
Answer - 50% of women in key positions by 2025
- 2% of people with disability by 2025
- 30% of people of color in leadership positions in the US by 2026
The Life Cycle Assessment (LCA) is a methodology assessing the environmental
impacts that are associated with the whole life cycle of a product, process or
service. - Answer True
The circular economy is a model of production and consumption which involves
sharing, leasing, reusing, repairing, refurbishing and recycling existing materials
and products as long as possible. - Answer True
How is Parfums Christian Dior committed to protect flowers? - Answer - by
cultivating flowers on a regenerative way within the upstream supply chain
- by helping reintroduce flowers into agricultural ecosystems
How can you help your (future) organisation harness diversity in a way that
promotes greater inclusion? - Answer All of the above