Page 1 - OCS Workbook - Day 1 Suggested Solutions (May 2018)
P. 1

Chapter 11




                  SUGGESTED SOLUTIONS










                  CHAPTER TWO – QUIZ


                  Question                          Response

                  What does Mansako do?             Makes and sells luxury leather bags and accessories (p3)



                  Who are the shareholders?         Told the company is listed (p3) but not given further details
                                                    regarding specific shareholders.


                  Where is it based?                Lowerland in Western Europe (p3)




                  What is the company’s brand       High quality focussing on affordable / accessible luxury (p3,
                  positioning in the market?        p4)


                                                      th
                  Is Mansako a major player?        90  in the world in global personal luxury goods market  and
                                                    in top 15 for bags and accessories sector (p14)


                  How big is Mansako’s product      Not told. However, the budget has 12 product lines (p21)
                  range?


                  Who are Mansako’s main            •  Products aimed at women (p3)
                  customers?                        •  Aspirational consumers (p3)
                                                    •  Millennials and Gen Z (p3)

                  How important is sustainability to   Most customers avoid buying luxury products that do not
                  consumers?                        have ecological sustainability (p3)


                  What production strategy does     •  All products made in-house (p3)
                  Mansako have?                     •  All made at single factory in Lowerland (p8)




                  KAPLAN PUBLISHING                                                                    43
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