When Fashion House Louis Vuitton Revamped Its System in Order

question 19

Short Answer

When fashion house Louis Vuitton revamped its system in order to ensure that retailers would always have "hot" items available, this was an example of
supply chain management.
flow-through analysis.
benchmarking.
business process re-engineering.
marketing research.

---

Definitions:

Temporary Basis

A condition or status applied for a limited time period, often used in finance to describe temporary adjustments or measures.

Assets

Resources owned or controlled by a business or an individual that are expected to produce economic value or benefit in the future.

Leasing

Leasing is a financial agreement in which one party, the lessor, allows another party, the lessee, to use an asset for a specified period in exchange for periodic payments.

CCA Tax Shield

CCA Tax Shield refers to the reduction in income tax a business enjoys from being able to deduct the depreciation of tangible property over its useful life, under Canada's Capital Cost Allowance regulations.