Minnesota is a huge tourist attraction city in the United States of America for both the local tourists and the international tourists. The area attracts tourists especially due to its ability to create a good atmosphere for both exploration and interaction among the tourists who visit the city. However, wine tourism is not common among the tourists in the city. Asero & Patti (2009) defines wine tourism as a unique tourism that concentrates on wine and wine-producing territories. Wine tourism is important in the development of tourism in the country because it creates a wine culture through which people communicate in their tourist activities. ...
Wine Case Studies Samples For Students
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Introduction
Wine Lovers Enterprise is a private family business that deals with the production of wine packaging materials such as bottles, synthetic corks, and labels. The company is located in the Finger Lakes area of New York. The company has had a profitable streak so far and has maintained a fair share of the market in a competitive environment. The business climate is changing and there is an urgent need to implement changes in Wine Lovers Enterprise. The company is facing stiff competition from cheap china imports in the wine industry. Other players in the industry have adopted modern ways of doing business such ...
1- Desert wine business could be divided into two categories. High-quality desert wine and low-quality desert wine. Galo is already successful in selling its high-quality desert wine. After more than 90 years of experience, the privately owned business is doing outstandingly internationally selling its fine brands. (Cohen) As far as the low-quality wine is concerned. Its importance does not match with that of its other fine brands. This is because it has already established a market for its superior quality brands and the consumers of its low-quality brands are limited as compared to other brands. Even if the company is ...
Inniskillin and the Globalization of Icewine
Introduction
The wine industry has been gaining momentum rapidly in terms of production, sales, and the ultimate consumers. People have developed the urge to consume wine especially due to increased variety of brands, high quality, and affordable price. Canada has been revered as a wine hub among other countries such as, Germany, Italy, and America. The great market dominance of Inniskillin icewine brand especially in Canada has been influenced by fierce market forces that have prompted the Vincor international company to adopt technological approaches. Inniskillin wine producing company was founded in Canada by Kaiser and Ziraldo in 1975 (Jones ...
Inniskillin and the globalization of Icewine
Introduction
Inniskillin was created by Ziraldo and Kaiser in Canada in 1975. It became known over the world for its famous award-winning product known as the Icewine. Inniskillin earned popularity when it won the high-status awards like the 2004 “star product of the year” at the event titled, the “Frontier Awards Events.” Booth, Colomb, & Williams (2008, p.108) imply that a good research paper makes claims, backs them within reasons from reliable sources, supports them with evidence from reliable sources, and explains the reasoning principles. Therefore, in answering the case study questions, the paper presents claims, backs them with reasons, ...
Inniskillin is the brand product of Mr. Roger Provost. Icewine on the other hand is an alcoholic drink, mainly made as dessert and was created when grapes are frozen and pressed whilst in this particular state (Lippincott Williams & Wilkins, 2008). The main ingredients that give rise to this wine are the extracts, acids, and sugar which result in dessert wine when the frozen grapes are pressed (Jones G and Hirasawa J, 2007).
The first production of this iconic product took place in Franconia, Germany. It then went on to be produced in Eiswein, still in Germany but also ...
Expectancy Theory
The case reflects the need for proper managerial skill in order to realize the organization expectation or goal and objectives. The organization opts to utilize its strength to outshine their competitors in the market share by making sales volumes. Management in an organization is the key factor to determine the future of its operations and the life span of the organization within the market share. According to Dubrin, (2008) it clearly outlines that it essential to incorporate and efficient and effective management in a the organization to enable the smooth operations. This would result to a good relationship between different department hence ...
In his short story “The Cask of Amontillado,” Edgar Allen Poe presents a narrator who entraps an enemy by appealing to the vices of his character. The narrator does not explain very much of why Fortunato is his enemy; he simply notes “The thousand injuries of Fortunato I had borne as I best could, but when he ventured upon insult, I vowed revenge” (p. 191). For most of the story, the reader does not know the name of the narrator, only the name of his enemy. However, it is clear from the first paragraph that the narrator seeks revenge, and ...
Strengths
- The length of expertise and experience producing quality wines. The company had existed since 1855 from the original owner and the new owners have maintained high quality first growth wines until contemporary times;
- The products were aptly described as “brilliantly consistent wine of stunning grace, richness and complexity” making it difficult to imitate;
- The strategic location of the land from which the grapes were planted and harvested; as stressed: “terroir was the principle that led the French to name wines after the place they came fromBordeaux wines, especially the great ones, improved with age, ...
Problem statement
George Clark is about to undertake a wine making project in Sonoma valley, California. George intends to start small as necessitated by his minimal capital and inexperience in wine making business. Resulting from these challenges, George sets out planning on how to optimize from the initial $10000 capital he possesses for the first two years of business (Winston & Albright, 2011). George has to make a decision on the amounts of grapes to purchase to make his desired wine labels; Petite Sirah and Sauvignon Blanc. George also has to decide on how much to spend on advertising, the number of wine bottles ...
The most unique thing about wine from the competition perspective is the sheer number of the small brands found in the market place. In essence, are there certain small brands or are they in fact niche brands? All brands as well cannot be niche brands. This paper is therefore concerned with analyzing the transactional data on the purchases by consumers of some brands in the Australian wine market over a period of time. In particular, it sheds light on whether there is any evidence of niche or change-of-pace brands in the Australian wine market. As well, it strives to highlight ...
1. Explain the key components of the new world value chain. Provide a minimum of two key success factors for each component of the value chain.
The key components of the value chain in the wine industry are the input suppliers; the
wine grape producers, the wineries; the sales and distribution; and the consumers (Drew).
The input suppliers include those that provide advice, information, machinery, and
chemicals, as well as those involved in financing the business and in conducting research and development. Two success factors involved in this component are technology and finances. Technology enables wine producers to ...
Company Overview
Robert Mondavi Corporation is one the leading innovative producers and marketers of high quality brands of wines particularly premium table wines. The company was founded in 1943 and typically operates in the United States but operates in more than 90 countries of the world. Robert Mondavi Corporation is headquartered in Napa, California. Some of the core brands of the company include Robert Mondavi Private Selection, Woodbridge, and Robert Mondavi Winery. Other smaller wineries from the company are Arrowood in Sonoma and Santa Maria. The company is also involved in partnerships with other winemakers. For instance, Robert Mondavi Corporation produces ...
Foster’s Group is an Australian company that deals with alcoholic products, mainly beer production and sale with their original products being Foster’s Lager and Victoria beer among others. In the year 2001, the company decided to buy Beringer Wine Estates, a leading wine estate based in California that was making about $1.2 billion in sales. A couple of years later, the brewery company now dealing with wine products also bought another premium wine maker known as Southcorp. This made the Foster’s Group one of the largest wine companies globally. In 2008, wine contributed to 76% of the ...
Introduction
The paper is a case analysis of Frog’s Leap Winery. The company has gained unmatched reputation in the industry because of its organic farming and traditional ways of winemaking. The paper is divided into six sections. The first section analyses the business strategies of the company in each consumer segment. The second section discusses its sustainability strategy. The third section performs a five-force analysis to understand competition outlook in the industry. The fourth section highlights the key factors contributing to the firm’s success. The fifth section explains how well the strategy is working in terms of financial ...
Introduction
Wine production increased tremendously in the last century according to the case entitled “Crafting Winning Strategies in a Mature Market” by Jason Hunter et al. Among the reasons for the expansion is that the demand for the commodity specifically during the “dot-com generation” has risen (p.3). Also, winery growing and enhanced production techniques have meant that different grape varieties are available to the world’s market. Unlike the olden days, growing, harvesting and fermenting techniques as well as packaging of wine is done mostly in large scale. However, this does not mean that the wine industry attractiveness is entirely ...
1. How were the French able to dominate the worldwide wine trade for centuries?
France has a suitable climate for growing grapes, and over time wine making has become an important part of the French culture and economy. High internal demand led to the development of the whole industry. In Europe, only Italy and Spain had matching wine production capabilities. At the time, wine making in countries of the New World only began, and the demand for it was low since the drink was popular only among European immigrants. The New World producers could not export it to the ...
Abstract
The number of worldwide issues concerning environmental safety and corporate social responsibility has been on an ever-increasing rate. This is why we can also see a significant growth in the demand for environment-friendly and self-sustaining buildings. The number of domestic and international organizations that monitor and facilitate the standardization by means of a tiered certification of such buildings has also been on an ever-increasing rate. The LEED certification program is one of the most prominent ones in the U.S. and the UC Davis Brewery, Winery, and Food buildings have received platinum grade certification under such program. The objective of this paper ...
BRL Hardy's remarkable post-merger success?
There are different factors that helped the merger of Hardy and BRL successful. Although the situations before the merger was also important in making the merger successful however this part of the report discusses only about the important factors that contribute to the remarkable post merger success of the two companies.
Focusing on creating more value:
One of the major successful factors of the merger was the main focus of the management. The idea was to create more values by spending or investing more resources and energy to retain higher number of customers. Moreover, the company focused on building a brand image as well as ...
Nowadays Costco Wholesale Corporation is the leading American warehouse club. Costco’s method of doing business is different from the one of other trade corporations. James Sinegal, Costco’s CEO, started the company in 1983.
In Costco’s stores customers can enjoy buying products for lower prices comparing to other stores. Moreover, the store offers only a few items of the same kind which makes it less difficult for the customers to make a choice, and stimulates them into buying. Usually, people spend more in Costco stores that they have planned before entering them. This can be explained by ...
[Institution Title]
Care Plan Template
Patient Initials: N/A Age: 60 yrs. old Sex: MAle
Subjective Data:
HPI (History of Present Illness): Patient has been experiencing heartburn during the past 2 weeks. Patient said to experience heartburn after eating. It is relieved after a few hour or after taking over the counter antacid. According to patient, the pain seems to progress. It started in the umbilical region and is now diffused. Patient said that he was partly relieved after sitting down. However, the pain has become unbearable that he rated it 10 during the actual attack.
PMH (Past Medical History— ...
Introduction
Wine Lovers Enterprise reels under issues of gender tension as well as market saturation. On the one side, Ted faces challenge to build a relationship with employees to mitigate their concerns, there are tests ahead to mingle Chinese consultants into a colossally different American culture. As such, Ted needs to emphasize his role as relationship builder, and devise effective ways to address cultural diversity in the organization. Simultaneously, he has to increase organizational performance by aligning employees to his vision. It is, thus, required that he share his power with employees and empower them to improve their skills' base and make ...
Lion Nathan Breweries and the China market
Q1. The Porter's Five Forces concept is a unique and powerful tool for determining the position of a particular business with respect to its competitors. The Five Forces is very significant as it helps to analyze both, the strengths of the current competitive position and the strength of the position in which the organization is considering moving into China market (Porter, 2008). Lion Nathan or LN was an international brewer basically with presence in two countries Australia and New Zealand. LN operated in these countries with a portfolio of over 50 brands and more than 10 breweries. In the year 1993, LN ...
After analysing the details of Robert Reid from the case study, it is evident that some of the his risk factors for Coronary Heart Disease (CHD) and Hypertension include the fact that he is male, old age, has a family history of CHD and he is African-American. The other factors that predispose him to CHD and hypertension that he can control include obesity, long periods of physical inactivity, unhealthy eating habits and the low levels of High Density Lipoproteins (HDL) and high levels of Low density Lipoproteins (LDL) (Pedersen et al. p.1383). Complications that could result from the latter ...
Management-Changing of the guard at InsureCo Case
Analysis Using Motivation Theories
1.1 Expectancy Theory
With respect to the expectancy theory, two things can be pointed out very clearly. The first can be seen as the recruitment of an individual from outside the company to fill in the position of CEO. The second is that the entry of the new CEO, Gary, brought in new dynamics into the company which was against the expectations of its members. The trend of internal recruitment and promotions to fill in vacancies was discarded, and the new CEO brought in new personnel from his old company, despite excellent credentials ...
Part 1: Profile of USAID
USAID is an acronym that stands for United States Agency for International Development. It is a non-profit organization that carries out interventions in hard hit areas, primarily in third world developing countries. It is a federal agency of the government of the United States of America primarily tasked with delivering civilian foreign aid.
- Areas of Interest
USAID has interest in many areas around the globe. Firstly, it is important to identify the areas of operational interest for the organization. USAID seeks to help overseas people who are struggling to live a better life, live in the reins of democracy ...
Heineken Case Study
Introduction
With more than 170 international premiums, regionally, locally and speciality in beers, Heineken has established strong leading portfolios of beer brands. The company was established back in 1864 by Gerard Adriaan Heineken who purchased a brewery in Amsterdam. The company owns and manages varying varieties of beer brands with speciality beers ranging from Heineken, Amstel, Cruzcampo, Tiger, Zywiec, Birra Moretti, and Murphy’s and Star. The company operates in Europe, USA, Africa, Middle East and Asia Pacific. The company has acquired quite substantial shares within the beer industry based on various strategies that the company has enacted. The company ...
Inequity
Comparison often gives rise to inequity perception or feeling within employees. This is quite similar to the case at Plantir, where the management observed dissatisfaction and lack of motivation in the employees which eventually resulted in the retirement of Colin (production manager). Although, the company was able to gain its desired objectives (i.e. increase in the level of sales and the generation of cash) but the obsession to increase sales and profit to reduce cash pressures led to the dissatisfaction of several employees, even including the production manager. The sales team was awarded with lucrative bonuses and rewards, whereas ...
1. What is the value of Calaveras Vineyards? Is the proposed purchase price for Calaveras Vineyards appropriate?
The current management of Calaveras Vineyards is looking to acquire the company from its current owner Stouts PLC. To do so, the proponents are seeking a $4.5 million loan and a revolving credit. Goldengate Capital was asked by NationalBank Investments to participate in the syndicated loan, providing $2 million in debt and a revolving credit amounting to $2.5 million.
Stout PLC’s books indicates a value of $ 7 million for Calaveras Vineyard and a fair market appraisal has put the company’s asset value somewhere between 5 ...