Question: LVMH can utilize its distribution channels and its influence with fashion editors to help newer brands reach a global market more quickly and cost effectively.
LVMH can utilize its distribution channels and its influence with fashion editors to help newer brands reach a global market more quickly and cost effectively. In this way, it is able to increase its profitability by doing which of the following? a. Leveraging competencies to create a new business b. Sharing resources and capabilities c. Transferring competencies across businesses d. Utilizing general organizational competencies
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