Question

What are some of the major challenges in production today at lvmh?

Answer 1

Geological challenges and the potential for demand decline are major challenges in production at LVMH.

Step-by-step explanation:

Some of the major challenges in production today at LVMH include geological challenges that limit the rate of production and resource availability. These challenges lengthen the timescale of production and can restrict the availability of necessary resources. Additionally, the demand for LVMH products could decrease if superior substitutes are found, leading to a decline in production.

Answer 2

LVMH faces geological challenges affecting production rates and resource availability, and risks in demand if substitutes arise, which complicates sustainability efforts in the fashion industry.

Step-by-step explanation:

Some of the major challenges in production today at LVMH include geological challenges that impact the rate of production and resource availability, as well as the potential for a severe decrease in demand if superior substitutes for their products are discovered. These hurdles pose significant obstacles for LVMH's production and sustainability strategies. Attempting to navigate sustainability in the fashion industry, companies like LVMH are working to overcome these obstacles, yet they face an uphill battle as they seek to adapt to increasing environmental and resource constraints.

One of the major challenges in production today at LVMH is the geological challenges that limit the rate of production. This not only lengthens the timescale but also restricts resource availability. Another challenge is the potential decline in demand and production if superior substitutes are found.