Socio Economic Environment Of Sunshine Wines

The premium wine segment is quite concentrated with high barriers to entry making mergers and acquisitions a strong and prevalent growth strategy. With industry analysts forecasting the demand for premium wine to grow at 8% to 10% per year, many former non-rivals are now becoming a threat. Jug wine producers are entering the premium market and beer and spirit producers

The dynamics of the global wine industry are better understood through a brief history of wine as well as an overview of the wine making process. Some countries have longer historical and cultural ties with wine then others and that can affect the quality and perception of the product in the eyes of the consumer. Also, the conditions in which the wine grapes are raised and the processes used to make the wine can create a superior wine and therefore a competitive advantage.

Production and consumption of wine was mostly localized until the early 1990’s. Wine producers in different countries were traditionally isolated from each other, and most of the world’s wine drinkers consumed either local wines or imports from nearby producers. Winemakers had minimal cross-border interaction and followed local traditions.

The Mcguigan interest in the Australian Wine Industry goes back four generations. Owner Patrick McGuigan the first of four generations to enter the wine industry was a dairy farmer by trade.

the way and producing high quality wine and reaping success in a growing market, but just like any

The problem that the company must address refers to determining if it is better to develop distribution and marketing strategies controlled by the company, or to allow the distribution of the products to be performed by the merchants. This is a difficult decision to make because of its implications. The fact that the company's wine products are distributed by merchants has its advantages. These merchants know the market very well, they know buyers, and they know how to attract them. The networking of these merchants seems to be important in efficiently distributing wine products. But the collaboration with such distributors also leads to increased costs in the case of Chateau Margaux. In case the company decides to control its distribution chain, the costs can be reduced. However, this can have certain disadvantages. Therefore, the company's managers must determine what the company should do about its distribution process and marketing strategy.

There were two major happenings that temporarily effected Singapore’s economy between 2001 and 2003—the worldwide electronics slump and the outbreak of Severe Acute Respiratory Syndrome (SARS). Both times, growth bounced back, by world demand for electronics, pharmaceuticals, other manufactured goods, and financial services. The return was mostly contributed to by the economies of its major trading partners—the United States, the European Union, Japan, and China, as well as expanding emerging markets such as India (Bureau of East Asian and Pacific Affairs, 2010). The next

Sweden has developed a modern industrial culture based on natural resources, technical skills, and a sense of quality. Simplicity and even severity resulting from geographic and economic conditions characterize Swedish society and life.

With foreign manufacturing industry entering Singapore market the manufacturing sector and its share in GDP grew from 16.6% in 1965 to nearly 30 % in 1980 and in 1993 manufacturing contributed to about 28 % of the total GDP and accounted for nearly 28% of employment. Singapore’s GDP raise to 13 times between 1960 and 1999. The nation has shown greatly decrease of figure of poverty. (United Nations 2000)

Firstly, in the SMART growth area, Sweden has been performing generally well, being ranked second out of 28 countries (World Economic Forum, 2014). As seen in figure 1 below, Sweden’s best perfoming area within the SMART growth criteria is the enterprise environment. Sweden is ranked among Denmark, Ireland and the UK as one of the top 20 locations in the world to do business (Tilford & Whyte, 2010). This is reflected in Sweden’s increased level of investment in the recent years compared to Netherlands or Denmark, especially in the service sector (European Commission, 2016). Also, Sweden is spotted for its friendly environment for new business start- ups, because the access to obtaining funding from banks for small and medium enterprises (SME) is higher compared to the EU average rate of 5% (European Commission, 2016). This implies that banks in Sweden are more willing to provide funds for SME’s

This will boost the economy of Singapore as when more companies are willing to invest in Singapore, especially due to our strengths like competitive workforce and strategic location, it will result in greater influx of capital. It will also result in a creation of jobs for the people, boosting employment rate and generating revenue for both the country and the individual. Take for instance, the chip used in the latest PlayStation3 and Xbox. A French semiconductor company, Soitec, is investing $700 million to set up in Singapore its first offshore facility to make the wafer for this chip. The wafers involve alternating layers of silicon and insulator, unlike conventional wafers which use silicon throughout. Soitec is coming here because its technology has to be well-protected, and we are the only country in Asia that they trust well enough to set up their first manufacturing campus outside of France. Thus, positive development is a sure thing with globalization. Furthermore, since in the modern day context, money is a key indicator of happiness, thus, Singapore’s development can be mirrored by the happiness of the people with their monetary needs fulfilled.

Singapore has a capitalised mixed economy. Having strong international trade links, Singapore possesses one of the most open economies for international trade and investment. Singapore offers foreign investors a pro-business environment, excellent infrastructure, highly-skilled and cosmopolitan labour force, and a robust legal/judicial system. These competitive factors have set Singapore apart from other locations, winning several accolades including: §

Concerning Singapore and Japan, both countries are developed. But their immigration admissions are different, which may result in different perceptions and impacts. According to a report from The Economist Intelligence Unit, regarding of democracy countries ranking list in 2012, Japan had a high score 8.08, in the 20th position of 167 countries. Singapore ranked at number 75. (Economist Intelligence Unit, 2013) In 2013,The International Monetary Fund estimated Singapore’s GDP was $78,762 per capita, and Japan had $36,208 per capita.(World Economic Outlook Database, 2014, ) Both countries obtain high democracy and economy level, but their net migration rates are totally different. The World Factbook found out that Singapore permits around 14.55 migrants per 1000 population but Japan was closely to 0.00. (World Factbook, 2012) In the past decades, Singapore encouraged foreigners to immigrate that affected nearly 5.5 million people move into Singapore. In 2009, an estimated 40% of foreigner residents are in Singapore who contributed up to 80% of the construction industry and 50% of the service industry. The immigrants play a significant role for Singapore development especially the rapid growth of the GDP. (World Factbook, 2012) There is a statistic project that predicts the population of Japan will drop to 95 million by 2025. (Statistics Bureau, 2014) In 2002, there was

The Republic of Singapore celebrated its 42 years of independence in year 2007. Situated at the southern tip of Malaysia, Singapore currently holds a population of 4.68 million as of June 2007. At 704.0km2, it is ranked 4th in the world for its population density. During the past four decades, the economy as measured by real Gross Domestic Product (GDP), multiplied by over 20 times (Ghesquiere, 2007, p.11). As a small and extremely open economy, Singapore long term survival is very much dependent on the ability to maintain its viable position and remain afloat in the sea of global competition (Mun Heng et al, 1998, p.14).

Announced by BBC News, Singapore is ranked at the top as the “Easiest Country to Start a Business” and “World’s Top 20 Most Globalized Nations". One of the main reasons is because of Singapore’s strategic location is at the heart of ASEAN (Association of South East Asian Nations). This enables the business to be access up to 8 billion people within a seven-hour flight radius.