Country Risk Analysis

How the Australian Great Barrier Reef Succeeds at Preservation and Sustainable Use and How it Applies to a Worldwide Problem

In the world of increasingly global competition every nation want to prove its product as the best in the world. This phenomenon is called the competitive advantage of the nation, this can only be created and sustained by immense sense of product knowledge, competition domestically and internationally. Wine industry is the one which faces the competition between the traditional wine makers of the old world and the sophisticated wine producers of the New world. The healthy competition among the producers and suppliers makes the consumers successful by providing the best quality.

Smaller firms such as the family run operations in Europe may not be able to realize these same cost efficiencies. Furthermore, grapes represent 50 to 70% of a winemakers COGS, thus the competition for sourcing high quality grape growers is quite high. Just as Mondavi does for 75% of its purchases, most premium wine makers enter into long-term contracts with growers to not only ensure that their demand is met but also to make sure that they receive grapes that are consistent in quality.

Taylor wines is a family owned Australian premium winery that has been the best named winery in San Francisco and in the New York international wine competitions. Since they established they have bagged many critical acclaims including many international awards with the recent 19 gold medals with the 22 wines in San Francisco and their Jaraman Shiraz which hah been named shiraz of the year recently at the New York wine competition. The total awards sum up to about 3800 medals, 47 trophies, 418 gold medals and 984 silver medals in just over 30 years. With their vision of being “Australia’s best wine company and proudly family owned” they believe that they have to work extremely hard in order to achieve financial targets and strategic goals

Today as the world around us continues to age more and more people have an interest for premium wines. As Australia’s economy continues to boom some industries have taken a major hit over the last decade including Australia’s wine industry even though it continues to produce some of the best wines in the world. The report will look into the history of Australian wine and look at where things have gone wrong. The reports key findings will reveal a relatively unknown winery in the town of Orange, called Belgravia that produces some outstanding wines. The results that have been presented have been researched on various Internet resources, newspaper articles and journals. The writer has also contributed to the report with his

This report will advise Roger and Michelle how to establish their Adelaide Hills wine touring business. Ownership structures are considered, whether a partnership or private company would be more beneficial, together with important elements of business establishment and legal considerations, success factors, and future possibilities. Information was gathered from a variety of sources including government organisations, primary sources, and the South Australian Tourism Commission which provided reliable information. Numerous media articles and websites were referenced to support information as these sources were not as reliable as government organisations and primary resources.

Over the past decades, the wine industry has encountered a lot of changes. Wines are now very diverse and offer different kinds of tastes to the consumer. A wine will not be the same depending on the environment and the country it was produced. The perception of wine has evolved during the past few years and well-known bottles can be found all around the world due to the globalization. The majority of wine producers was originally located in Europe, in countries such as France, Italy or Spain. However, the world of wine known before is over. The emergence of new producers located in America, Oceania and Africa has changed the vision of the traditional wine industry. Those new players, called the New World wine producers, have put in place effective strategies to compete against ancient ones, known as the Old World wine producers. The change in wine consumption also impacted the mutation of the industry by creating new challenges.

* Promoting the wellington wine for food service and hospitality sectors in amongst Australia and overseas traveller, promoting worldwide who are seeking quality branded wines building high level collaboration in the value chain for increasing competitiveness in the world wine market,

The first niche market for premium wine was created by the European nobility in the middle ages. They started to compete based on the quality of wine. Until the late 18th century, the size European vineyards were

Australian wine was facing price and image problems in the US market at this stage. The Australian wine producers had to lower their prices due to overproduction. Dryness in Australia drove the market price of wine up, with the result that the price no longer matched with the image of Australian wine in the

The Margaret River wine region of Western Australia is highly regarded as a premium wine region in Australia (Jones et al. 2010). The production of high quality wines, however, means that the region has potential to suffer from modifications in quality by the slightest climatic changes. Thus, climate change has potential to adversely impact the viticultural industry. At present, the Margaret River wine region experiences a Mediterranean-style climate, with factors of temperature, soil quality and humidity all well suited to high quality wine production. The economic impact of the Margaret River wine industry is approximately an annual $250 million. Climate

6.1 The degree of political risk faced by a firm operating in a foreign country

Foster’s Group is currently Australia’s largest producer of alcoholic beverages. The company has always relied heavily on their beer products as the major source of their revenue but with the recent acquisition of Southcorp Limited, the country looks to dominate the wine industry as well. The company has always been well known as having a very strong beer arm but is looking currently to sell their premium wine brands. With a strong response globally to their export of Australian locally produced wines, the company hopes to further increase their Australian presence by increasing the local sales volume of these wines.

Country risk has many variables and factors associated with it. In the text that follows, I will explain the various factors associated with country risks. There will be two main types of factors discussed, which include Political Risk as well as Economic Risk.

Since 1980, International Country Risk Guide (ICRG International Country Risk Guide) has provided expert financial, political and economic risk analysis for investors and international business professionals. The ICRG evaluates both the obvious developments and the subtle factors that cursory annual reviews all too frequently miss. In this guide, we find that the political risk is given (100 points) which is twice the weight of financial and economic risk (50 points)