Question

What are the 4 main activities when talking about operations at lvmh?

Answer 1

At LVMH, the four main activities are product design and development, supply chain management, manufacturing, and marketing and sales, highlighting the company’s commitment to luxury and quality.

Step-by-step explanation:

Main Operations Activities at LVMH

When discussing operations at LVMH (Moët Hennessy Louis Vuitton), the four main activities typically include product design and development, supply chain management, manufacturing, and marketing and sales. Product design and development is crucial as it involves creating new products that fit the luxury market and maintain LVMH's brand image. Supply chain management is responsible for ensuring the raw materials and inputs are sourced sustainably and efficiently. Manufacturing at LVMH is characterized by a high level of craftsmanship and quality control to produce luxury goods. Lastly, marketing and sales activities are focused on promoting the brand and distributing the products through appropriate channels to reach the target customer base.

Answer 2

The four main activities at LVMH are Product Design and Development, Supply Chain Management, Marketing and Sales, and Customer Service. These operations are integral in maintaining LVMH's status in the luxury goods market.

Step-by-step explanation:

The four main activities when talking about operations at LVMH (Moët Hennessy Louis Vuitton) encompass the following areas:

• Product Design and Development: Involving the creation of new products and the improvement of existing ones to meet customer demands and stay ahead of fashion trends.
• Supply Chain Management: Overseeing the entire process from procurement of materials to production, ensuring efficiency and quality in the delivery of products.
• Marketing and Sales: Implementing strategies to effectively market and sell products, as well as maintaining brand image and customer loyalty.
• Customer Service: Providing excellent customer care and support, which includes handling inquiries, feedback, and post-purchase services.

Each of these activities is crucial for the success of LVMH, allowing the company to maintain its status as a leader in the luxury goods industry.