2. What business risks does Blue Nile face that may threaten its ability to satisfy stockholder expectations? What are some examples of control activities that the company could use to reduce these risks? Are some of the risks faced by Blue Nile difficult to reduce through control activities? Explain.
There are so many risk factors for Blue Nile, but main risk factors a
for travelling. After that it made the monogrammed canvas design bag which has been an unparalleled success since 1896.
In 1971 Henessy, a leading manufacturer of cognac, merged with Moet et Chandon, a leading champagne producer. And In 1987 the drinks group then merged with fashion house Louis Vuitton to create what is now the world’s largest luxury goods business –LVMH.
Now LVMH
for recruiting and retaining designers are not directly associated with unit production but they never arise if LVMH does not hire any designers.
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- Cost to get ISO 14001 certification
In 2008, Louis Vuitton just attained ISO 14001 certification for its Point-Neuf headquarters in Paris. To earn ISO 14001 certification, external audit is necessary. All the relevant costs including commission
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