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1、Index CaseQuesbons HowtoUseYourWorkshooResounces DtsdaimerWorkshops CaseAnalysis DebfiJte LeaminqObjectives ConglomerateCompany LuxuryGoodsM忍et Overview AnnualResults20022005LVMHStrategy IntroductiontoLVMHClickonImageSource:www.musicone.deIndexCompetitisRsition:CompetitiveAdvantagePnncidesofStratecn
2、cPhnrunQPrncidesofStrategicManagement GlobalStrategies CorporateStrateayChapterOutlines CompetitiveStrategy:theAnalysisofSttai«siK_&5itiQn-Lecture CorporateStrateav:AddingValueinMulti-Business_FirrnsLecture GlobalStrategiesandIngmationalAdvjoiasB-LectureWorkshopThisworkshopseriesisdesignedt
3、ocomplimentTeachingandLearningStrategiesforundergraduate,postgraduateandexecutivelevelStrategicManagementandrelatedprogrammesandcoursesusingthecasestudiesfeaturedinthe'StrategyAnalysisandPractice"textshownontherightTed&CgxsAnalysts&Practice3STRATEGYStrateayAnalysisandPacti8Theoveral
4、laimistosupportthelearningcontentsofferedinthe_relevantchaptersofthebookwhilstexpandingparticipants'knowledgeandskillsbaserequiredtounderstand,reviewandanalysetheissuesfacedbyLVMH'sintheprogressofinandreviewingthestrategy.JohnMcGee,WarwickBusinessSchoolHowardThomas,WarwickBusinessSchoolDavid
5、Wilson,WarwickBusinessSchoolCaseAnalysisClickonImageSource:DoyleResearchrAcasestudyisaparticularmethodofqualitativeresearch.Ratherthanusinglargesamplesandfollowingarigidprotocoltoexaminealimitednumberofvariables,casestudymethodsinvolveanin-depth,longitudinalexaminationofasingleinstanceorevent:acaseT
6、heyprovideasystematicwayoflookingatevents,collectingdata,analyzingirrfQimatigandreportingtheresultsJAsaresulttheresearchermaygainaIsharpenedunderstandingofwhytheuslancehappenedasitdid,andwhatmightbecomeimportanttolookatmore/extensivelyinfutureresearch.CaseAnalysis©rhallinksThescopeandrelevanceo
7、fcasestudiesTypesofcasestudy Illustrativecasestudies Exploratorycasestudies Criticalinstancecasestudies Programimplementationcasestudies QroarameffectscasestudiesCcimulativecasestudies Businessschoolcasestudies MedicalcasestudiesHistoryofthecasestudyConclusionsNotablecasestudiesReferencesWorkshopDeb
8、ateWorkshopdiscussiontopicshavebeendividedintofourpartsaccordingtotherelevantchaptersofthebook:2.IntroductionCompetitiveP8ition:Advantaqe4.5.CorDorateStrteav:PErentinqAdvz门tageGlobalStrategiesManagingStrategicChangeYoushouldensurethatyouhaveunderstoodthe8ntentsofchapters6,9,丄乙and15priortoattendingan
9、yoftheabovedebatesObjectivesAlsosee:wtoUs©YourWorkshopResourcesearningfromCaseStudies:AShortGuideforStudents1PleaseNote:Atyourinstructor'sdiscretiontheindicativequestionsbelowandelsewhereinthisresourcemaybevariedordeemedunnecessaryforteachingandlearningpurposesforsomecoursesormodules.Alsose
10、eLEaminqUsinqCaseStudiesforfurtherinformation.CaseQuestionsHowtoUseYourWorkshopResourcesNavigationYouwillneedeitherMSPowerPointprogramorPowerPointViewerinstalledonyourcomputer.ThelattermaybedownloadedfreefromMicrosoftwebsitehere.Most,ifnotallpictures/imagesare'clickable;i.e.linkedtoitssourcewhic
11、hprovidesfurtherinformationonthetopicorthecopyrightholder.TheLearningContents(LiteratureReviews)arelinkedtoarelevantpublicdomainontheInternet.IfyourversionofPowerPointdoesnotshowthenavigationbuttonsontheslide,rightclickonthescreenandselectyourdestinationfromthedialogueboxAlternativelyusesmallarrowhe
12、ads,indicating'previous*and'next*respective!y.Y-IViewingIDisclaimer口4LearningObjectives口Itisthenatureofthemedia(Internet)thatsomeofthepagesmaynotalwaysbeavailableduetobrokenordeadlinks,withdrawals,etc.Whilstthepublisherswillbepleasedtotakeanyappropriatecorrectiveaction,forexample,byreplacing
13、orremovingthesourceswhenpossible,theyunabletoassumeanylegalresponsibilityforunavailabilityofanythirdpartymaterialforwhateverreasonbeyondtheirdirectcontrol.Thisinformationisprovidedwiththeunderstandingthattheauthorsandpublishersdonotassumeanylegalresponsibilityforthecompletenessoraccuracyofthecontent
14、soranyopinionsorviewsexpressedonthesepagesorlinkeddestinationsourcesstrategicthinkingskillsappreciationsofthecomplexdecisionmakingprocessinvolvedineconomicstrategiessuchasmigrationandoutsourcinganalyticalandcriticalthinkingskillsbyreviewingthefactorsthatInfluencedcorporatecentre'sdecisionsontheb
15、usinessesintheirportfoliosThemainobjectiveoftheworkshopistoevaluatethestrategicdevelopmentpracticesandimplementationprocessofLVMHParticipantswillhaveanopportunityofdevelopingandenhancingtheirClickonImageSourceBYGPublishingLuxuryGoodsIneconomicsaluxurygoodisagoodforwhichdemandincreasesmorethanproport
16、ionallyasincomerises#contrastwithinferiorgoodandnormalgood.Luxurygoodsaresaidtohavehighincomeelasticityofdemand:aspeoplebecomemorewealthy,theywillbuymoreandmoreoftheluxurygoodThisalsomeans,however;thatshouldtherebeadeclineinincomeitsdemandwilldropItmustbenoted,though,thatincomeelasticityofdemandisno
17、tconstantwithrespecttoincome,andmaychangesignatdifferentlevelsofincome.LuxuryGoodsThatistosay,aluxurygoodmaybecomeanormalaoodorevenanInferiorgoodatdifferentincomelevels,e.g.awealthypersonstopsbuyingincreasingnumbersofluxurycarsforhisautomobilecollectiontostartcollectingairplanes(atsuchanincomelevel,
18、theluxurycarwouldbecomeaninferiorgood) Perception MarketcharacteristicsLuxurybrands LocationsSealso<ExternallinksLReferen£e$LVMHOverviewConglomerateCompanyLuxuryGoodsOverviewAnnualResults20022005ClickonImageSource:ChristianDiorSAStrateavLVMHOverviewVuitto"9>A(Euronext:MC),usuallyshor
19、tenedtoLVMH,isaFrenchholdingcompanyandtheworld'slargestluxurygoodsconglomerate.Itistheparentofaround50subcompaniesthateachmanageasmallnumberofprestigiousbrands.Thechildcompaniesarerun,toalargeextentautonomouslyThegroupwasformedaftermergersbroughttogetherchampagneproducerMoet1etChandonandHennessy,aleadingBmanufacturerofbrandy.ncculrrflI,ClickonImageSource:ITAPIntemational
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