More Vino Ltd. is a multilevel wine business located in Port of Spain, Trinidad that operates four subunits: wholesaling and distribution, a retail store, a bar and restaurant, and a delivery service. The business was founded in 2005 by brothers Christian and David Stone and has expanded with funding from investors Arthur Greenway and Rose Moore. More Vino targets young professionals in Trinidad and sees seasonal demand tied to tourism. Financial analysis shows the business relies heavily on debt and has faced cash flow issues, suggesting the need for improved liquidity.
ENGLISH 7_Q4_LESSON 2_ Employing a Variety of Strategies for Effective Interp...
More Vino Ltd. Business Analysis
1. Essay on More Vino
Business Analysis Name of the business: The firm is called More Vino LTD. Nature of the business: More Vino LTD is a multilevel business. It
operates four subunits: wholesaling and distribution, a retail store, a bar and a restaurant, and a delivery service. Marketing analysis: More Vino
LTD operates in the alcohol industry. The products are essentially alcohol derivatives especially wine. In addition to wine, they sell hors d'oeuvres
and appetizers in the bar and the restaurant. More Vino is located in Port of Spain, Trinidad. Trinidad is one of the islands of Trinidad and Tobago, and
is located at the southern–most end of the Caribbean. Port of Spain is the capital city of Trinidad but also the place where all the business... Show more
content on Helpwriting.net ...
The decrease in inventory days means that the efficiency of the firm in terms of its inventory is good. The TAT of 2.0 for 2006 and 3.9 for 2007 mean
that More Vino is low asset intensive. This increase in TAT is driven by a large increase in sales. The average collection period is very low with 1 day
for 2007 and 3 days for 2006. This is due to the fact that most of the sales are driven by on–site consumption then consumers pay quickly. The
company is managing its receivables well. The FAT has been stable to 5.8 for both years. This high number means that the company is effectively
using its fixed assets. For More Vino LTD, one point of significance is the negative cash flows from operations in 2006 (2,918,738). The cash flow
crunch is apparently caused by a net loss for the year 2006 (2,015,034). There is no mention of any human resources issues affecting performance but
the fact that the fact that the Stone brothers own only one–third of the shares of their company could be a problem in the future. Financial analysis:
Christian and David Stone invested their own money in the company. However, they seek additional funding from Arthur Greenway and Rose Moore
in order to expand. The owners' distribution is as follows: Greenway and Moore control two–thirds of the shares and the remaining one–third is
controlled by the brothers. They have additional funding needs because they consider expanding the restaurant and the bar. The low current
... Get more on HelpWriting.net ...
2. Statement Of Case Study: Vino Veritas Ltd.
STATEMENT OF FACT
THE PARTIES
CLAIMANT: Kaihari Waina Ltd. (hereinafter "CLAIMANT"), is a wine merchant specialized intopqualitywines for the collectors' and high end
gastronomymarkets.
RESPONDENT: Vino Veritas Ltd. (hereinafter "RESPONDENT"), is one of the top vineyards in Mediterraneo, which has won the Mediterranean gold
medal for its diamond Mata Weltin in each of the last five years.
The business relationship between the parties has been established 6 years.
THE SALES CONTRACT
The transaction between CLAIMANT and RESPONDENT is based on the FRAMEWORK AGREEMENT (hereinafter the "Sales Contract"), in which
the obligations on both parties, the ways to determine the prices and the quantity, and the dispute resolution are defined. The Sales... Show more content
on Helpwriting.net ...
RESPONDENT claimed that the decreased 2014 harvest of diamond Mata Weltin wines resulted in its inability to fulfill CLAIMANT's entire order.
On 2 December 2014, in an email, CLAIMANT demanded the delivery of 10,000 bottles of diamond Mata Weltin 2014, and stated that it insist on
performance of the remaining 5,500 bottles, rather than any future compensation.
On 4 December 2014, in an email, RESPONDENT express its anger, and declared the termination of the contract and non delivery.
On 8 December 2014, to protect its interest and business reputation, given RESPONDENT's anticipatory breach of the Sales Contract, CLAIMANT
sought an interim injunction in the High Court of Capital City, Mediterraneo, prohibiting RESPONDENT from selling to other customers the 10,000
bottles of diamond Mata Weltin 2014. The interim injunction was granted on 12 December 2014.
On 30 January 2015, RESPONDENT, in breach of the arbitration agreement, started court proceeding in the Court of Mediterraneo seeking a
declaration of non–ability, which was denied on 23 April 2015 primarily on procedural
... Get more on HelpWriting.net ...
3. Italian Wine Industry
This article was downloaded by: [92.98.159.160] On: 14 March 2013, At: 21:43 Publisher: Routledge Informa Ltd Registered in England and Wales
Registered Number: 1072954 Registered office: Mortimer House, 37–41 Mortimer Street, London W1T 3JH, UK
Journal of Wine Research
Publication details, including instructions for authors and subscription information: http://www.tandfonline.com/loi/cjwr20
Winemakers and Wineries in the Evolution of the Italian Wine Industry: 1997–2006
Raffaele Corrado & Vincenza Odorici a a a
Department of Management, University of Bologna, Via Capo di Lucca, 34, 40126, Bologna, Italy E–mail: Version of record first published: 30 Sep
2009.
To cite this article: Raffaele Corrado & Vincenza Odorici (2009):... Show more content on Helpwriting.net ...
With
Raffaele Corrado, Department of Management, University of Bologna, Via Capo di Lucca, 34, 40126 Bologna, Italy (E–mail:
raffaele.corrado@unibo.it). Vincenza Odorici, Department of Management, University of Bologna, Via Capo di Lucca, 34, 40126 Bologna, Italy
(E–mail: vincenza.odorici@unibo.it) ISSN 0957–1264 print/ISSN 1469–9672 online/09/020111–14 # 2009 Taylor & Francis DOI: 10.1080
/09571260903169472
112
RAFFAELE CORRADO AND VINCENZA ODORICI
Downloaded by [92.98.159.160] at 21:43 14 March 2013
some oversimplification, we might describe these changes as a turn from a niche market to a mass market. This evolution is fostering changes in
winemaking practices as well as in the conception of wine quality, which imply a departure from the traditions of the industry. Traditional winemaking
4. practices and conceptions of 'good wine' were institutionalised in the denomination of origin regulations. These regulations embed each wine within a
geographical locus of production, implying a dependence of production on natural contingencies. On the contrary, the exploitation of emergent market
opportunities requires a п¬Ѓner control of production. This caused the diffusion of methods of winemaking that allow stabilisation of the quality of
wines across time (vintages) and space, loosening the tie between grape and geographical area. Much of this change in production practices has been
... Get more on HelpWriting.net ...
5. More Vino Ltd. Essay
Last four digits of student ID #: 9347
Name of the business: More Vino Ltd.
Nature of the business: Wine Retailer, Bar and Restaurant, Wholesale, and Delivery
Marketing Analysis: More Vino Ltd. is a wine retailer located in Trinidad and Tobago and is the newest local hot spot for food, drink, and
entertainment. The Stone brothers, Christian and David, started More Vino Ltd. with the help of an investor and his partner, Arthur Greenway.
Trinidad and Tobago is a hub for tourists to vacation all year round. The driving growth is mainly dependent on the tourism. With traditions that have
lasted over 150 years, the island is a popular vacation spot for both tourists and natives alike. There is a cyclical demand for this product due to the ...
Show more content on Helpwriting.net ...
This change may affect the business negatively if the service and the atmosphere do not justify the increase. The COGS for More Vino Ltd. was
high, but experienced a decrease within one year, which shows promise for future growth. More Vino Ltd. is promoted primarily through word of
mouth. Because More Vino targets young professionals, the locals know them to be the town's hot spot. With the expansion, Christian wants to sell
accessories such as glasses and gift baskets, which will help to promote their business even further. The two channels of distribution are in house and
wholesale. At this time, both channels are bringing in great business. With the expansion in place, I believe that More Vino Ltd. will continue to
prosper and experience little set back as long as the brothers are like–minded in furthering their business together and keeping focus on their target
customers.
Operations analysis: More Vino operates on four subunits that include retail, wholesale, bar and restaurant, and a delivery service. Christian and
David find a variety of wines available in the country to bring to their business. The business saw a decrease in current assets from 2006 to 2007 by
47.5%. There was a notable change in the inventory and accounts receivables during this one–year period. The net fixed assets experiences the opposite
change from 2006 to 2007, as there was a 102.8% increase. The TAT for 2007 was 3.87, which is relatively low, but it shows that More Vino Ltd. is
... Get more on HelpWriting.net ...
6. Spain and Japan Wine Industry Factbook
Wine Industry Factbook
Spain v.s. Japan
Cross–cultural Study
2013
WINE INDUSTRY FACTBOOK SPAIN V.S. JAPAN
Presented to: Rajiv Krishnan Kozhikode Instructor BUS430 – Cross–cultural Management
Presented by: Team #1 Adam Reid | 301098783 | ajr15@sfu.ca Angela Zhang | 301127074 | yufengz@sfu.ca Janice Wong | 301132415 |
yingngaw@sfu.ca Jenna Zhang | 301107862 | wza31@sfu.ca Jing Tang | 301131948 | jta52@sfu.ca OlamideOmorodion | 301123288 | oomorodi@sfu.ca
TABLE OF CONTENTS 1. Introduction 1.1. Purpose/Industry of Choice 1.2. Scope and Limitations of Research 1.3. Sources and Methods 2.
Theories and Frameworks 2.2. Hofstede and Schwartz's Model for Cultural Dimensions 2.3. Porter`s Five Force Model 3. Historical Development ...
Show more content on Helpwriting.net ...
The emphasis is on how beneficial effects might be achieved and specifying the challenges for foreign investors that need to make country comparative
investment decisions in a specific industry. The research concentrates on analyzing, making a comparison and providing future outlook concerning the
wine industry in Spain and Japan. In addition, the comparison analysis presents a balanced perspective on the impact of considering to invest in the
wine sector of either Spain and Japan.
1.3. Sources and Methods This country comparison factbook draws on research from a wide range of secondary sources including government
publications, academic journals, scholarly articles, Wikipedia and other various academic references. These sources were acquired through the use of
online search engines and Simon Fraser University databases, including Business Source Complete and official goverement statistics such as CIA, The
Economist and Nation Master world factbook. In short, this is a foundation of compiling and assembling this factbook structure in order to make a
country and industry comparison.
7. 2. THEORIES AND FRAMEWORKS 2.1. Hofstede and Schwartz's Model for Cultural Dimensions Three areas of Hofstede's value model where
Spain stands out are power distance, uncertainty avoidance and long–term orientation. Spain scores (57) on power distance, meaning that "hierarchical
distance is accepted and those holding the most powerful
... Get more on HelpWriting.net ...
8. History And Commerce : The Chardonnay Grape Of The Species...
RUNNING HEAD: FROM FRANCE TO OKLAHOMA: THE SUMMINATION IF CHARDONAY 1
FROM FRANCE TO OKLAHOMA: THE SUMMINATION OF CHARDONAY
CHRYSTAL WEBB
BMC TULSA
FROM FRANCE TO OKLAHOMA: THE SUMMINATION IF CHARDONAY
One might think of the Chardonnay grape as a traveler, comparative to a nomadic race, roaming from place to place. From France to California,
stopping along the way to leave its imprint on the locals – surviving in some areas to become a dominant part of history and commerce, as some
members of a tribe might, and some continue on to search out the omnipresent dream of a promised land. For the Chardonnay grape, this Promised
Land was California and its journey was fruitful. The Chardonnay grape of the species Vitis vinifera ssp. vinifera has long had a mysterious origin
while expanding its future from the Old World to the New, enjoying cool temperatures and surviving thanks to its winter hardiness. Along the way,
Chardonnay was planted in Oklahoma, and even though the land and climates are much different from those of its native France, Chardonnay
continued to surprise. Steadfast and as stubborn as its growers, the vine production in Oklahoma continues to grow. These small, light green fruits can
produce one of the most well–known and highly produced white wines in the world were inevitable. The origin Vitis vinifera ssp. vinifera has long
been a mystery. With the discovery of DNA came the ability to research the grape's genetic origin.
... Get more on HelpWriting.net ...
9. More Vino Case Analysis
Wine retailer More Vino LTD is located in Port of Spain, Trinidad. It operates four subunits: wholesaling and distribution, a retail store, a bar, a
restaurant, and a delivery service, making it a successful multilevel business.
Marketing Analysis
Founded in 2005 by the Stone brothers, More Vino strives to become one of the leading retailer and distributors of the finest local and imported wines
to Trinidad. Being among the few in the industry, they carried the widest and exclusive selections of alcohol products in the country. The island is a
popular vacation spot for tourists and for the natives all year round. Peak times include summer and winter, and this creates seasonality for the
company. The strong economic city and ongoing ... Show more content on Helpwriting.net ...
This also would cause their average collection period to become 0, because they no longer need to collect credit payment from customers. Only a
small percentage of the company's sales have customers that buy for resale purposes, the majority sales are cash retail.
Financial Analysis Funding for More Vino LTD is mainly derived from Arthur Greenway and Moore who has a 2/3 ownership stake in the company
and over 1,500,000 in bank loans. The balance sheet shows $1,646,920 in total liabilities for 2007. They also have shareholder loans, which is an
injection of capital, or debt capital, in a form of a loan. Their accounts payables are also extremely high because they are relying on credit purchases as
a short–term loan. This can be risky for long term funding needs. The accounts payable is also why their current ratio is at a decreasing rate of 3%
in 2007 when it was 7% in 2006. The acid test ratio is at 0% for both years. More Vino is not very liquid, and this can be problematic. They must get
their inventory to be able to sell faster because that is their most prized asset. The low current ratio and acid test ratio is very risky. They could
possibly become bankrupt if they need to sell their fixed assets to pay for short–term dues.
In 2007 the company was generating cash from everyday operations but the statement of cash flows shows that the company has had a negative profit
from 2006 to 2007, but this is because More Vino has expenses that are higher than their sales
... Get more on HelpWriting.net ...
10. Cultures of Uzbekistan and Georgia
Contents
Introduction2
The insights of Georgian culture3
Wine Production in Georgia5
Cultural Analysis7 Hofstede's Cultural Dimensions7 Hall's Context Dimension9 Laurent10
Uzbek Culture11
Wine Production in Uzbekistan12
Cultural Analysis13 Hofstede's Cultural Dimensions13 Hall's Context Dimension15 Laurent15
Conclusion16
Recommendation17
Bibliography18
Appendix23
Introduction
Culture is perceived to be one of the difficult words to define and anthropologist Margaret Mead termed culture as being 'shared patterns of behavior'
(Schneider S. C., and Barsoux J., 2003, 2nd ed., pg21). Culture is also defined by language, religion, beliefs, customs, cuisine, dress code, literature,
music etc., and is known to act ... Show more content on Helpwriting.net ...
In comparison to other cultures, the business culture in Georgia is indubitably considered to be lacking extensive formality. Georgian entrepreneurs
shake hands, both upon greeting and leaving, which should usually be induced by those who are of higher status and important positions. In addition,
they are a relationship orientated culture, meaning that they concentrate on the people that are involved and their feelings rather than concentrating on
the task on hands or known facts. Georgians freely exert emotions when communicating, be it excitement or disappointment, and have a propensity to
look from sensitive point of few when forwarding complex information (Goderdzishvili, N.). As Nikas informed eye contact is usually maintained to
both define the importance of message and express trust. When in the business meetings, the guests are expected to introduce themselves giving full
background information and share their experiences.
11. Wine Production in Georgia
Another unique interpretation of wine production in Georgia is "passport to civilized world" (cafebabel.co.uk). Wine is obviously the most valued asset
of Georgians due to the fact that wine industry is the tourist attraction, which brings about booming results in both tourism sector and economy of the
country. It's also been claimed that the tourism
... Get more on HelpWriting.net ...