Economic Analysis of the Wine Industry

Economic Analysis of the Wine Industry Amar Basnet Human beings need different kinds of the materials in order to live day to day life some may have more importance and some may have the less importance. In current business world we can find different kinds of the product of same kind and same use which is called supplement product. Different product has got different nature which is based on the use, quality, based on the producer. But according to the nature of the production product are divided in 3 groups which are as follows: Primary Production: Primary production those products which are produce naturally or the products which are wholly based on the nature are called primary production. Agriculture production is a best example of the primary production. The grapes apple and other which is produce by the farmer is considered as the raw material for wine industry. Secondary production: If the production process is related with the manufacturing than it is considered as the secondary production. For example production of the television, car, electronics items etc is considered as the secondary production. In this production process assembling process are involved in it. There are various process involved in the wine production like crushing, fragmentation, etc. which are done with the help of machine which is considered as the secondary production. Tertiary production: Productions which is related with the services is called the tertiary production. The examples of the tertiary production are education, health facilities, etc. In recent year the wine has become the part of the human life. Drinking the wine is considered as the important ritual of the modern society. In recent world Spain, America France and Italy is considered as the main producer of wine in the world. Spanish wine has got the good reputation in the current wine producing country. The wines are produced by using the naturally produced fruits like grapes, apple and orange and with other fruit of the choice of individual. Spain has got important market place in the current wine business world. They are one of the ancient countries in the world which produce wine since ancient period they are producing the different qualities of the wine with the different price level. They have got the 70 region and they have got the huge wine yard they are considered as the third largest country in the world in the wine production. There are various places which are famous for the wine production like Valencia, Ribera, Del Duero, Penedes, etc. Distribution channel There are 2 kinds of the distribution channel which is found in wine industry are as follows: Direct channel: According to this channel the producer sell the wine to customer without any agent or retailers here there is no involvement of the middleman or agent due to this price will be less or cheap. Long channel: On the basis of this distribution channel the wine is one produce it is given to distributer for example to the wholesaler then it goes to the retailer store, for example to shop, off-licence and other shop only after that it goes to the customer. On basis of this distribution channel there is involvement of the different channel so the price will be high when it reaches to the final customer. Wine production is one of the important businesses in the Spain. In order to produce the wine different processes are involved in the wine production. It has got the historical and cultural value in Spanish society. In order to produce the wine various process are involved in it the process of the wine production are as follows: Harvest: This is the first step involve in the wine production. Grapes are the main raw material for the wine first it should be crossbred and need to b mixed well the grapes must be harvested at the precisely the right time to produce the best wine and many producer harvest their crop by hands in order to produce the quality wine. Now a days the professional wineries harvest according to the taste and colour of grapes. Crushing and pressing: This is the second process that is involved in the wine production process once the grapes or the fruits which are the raw material are harvest they are crushed in the machine but in order to make the wine qualitative the seeds and skin are separated this will help to make the quality wine and helps to add up colour in wine. Fragmentation: This is considered as another important process in wine production. Once the grapes are crushed and pressed then the juice is extracted and the juice is moved into the large container in which yeast is added and fragmentation process starts. It will take 10 to 30 days on; on the basis of the quality of wines the days are determined. Filtering and aging: Once the grapes are fragmented the wine are filtered when the solid and yeast has been removed from the wine and it is distributed in the bottle and case to be aged. There are various aging processes. It is done on the basis of the age and on the basis of bottle. Wine production has got the various processes. For the success of the any wine industry raw material capital input and labour plays the vital role. Raw material For the wine industry grapes, apple, orange and different other fruits and berries are considered as the main raw material. In Spain there are lots of grapes yard and according to climatic condition grapes are favourable product to grow and form economic point of view the Spanish wine producer they select the grapes as their main raw materials because they are produce in Spain and is cheap. Some of the other raw materials are sugar cane, yeast, pulp, acids and tannins and different minerals. Capital input Capital refers to the sum of the money invest in the business in order to produce the goods. For the success of the wine business capital input is considered as the life blood of the business. The fixed assets like machinery, loan from the bank, delivery vans and motors, all the tools and equipment etc are considered as the capital input in the wine business. In order to operate the day to day business capital input is very essential without the capital input the wine production can’t move forward. Due to this reason we can say that capital input plays vital role in success of the wine industry. Labour requirement For the any business qualitative manpower is required. In the wine industry also qualified and experience labour is required. The quality wine producer can operate day to day business as well as can increase the efficiency in the production of the wine this will help in the production of the quality wine. The wine market has become very competitive in order to compete in the competitive market efficient and qualified labour force is required who has potential, which has capacity to increase the efficiency in the work and required those labour force who can understand market situation. For the any business organization cost control and costing process helps to move forward. This is one of the essential factors that help to run the business successfully. In order to produce goods firm use raw materials, factors of the productions which are called input. The expenditure which is occurred in it is called cost. There are two types of the cost variable cost and fixed cost. The cost which doesn’t change with the change quantity output is called fixed cost where as the cost which change with changing output is called variable cost. Fixed cost is normally related with the fixed factor of production where as variable cost is related with variable factor of the production. The example of the fixed cost in the wine industry are wages of the staff, rent, insurance, interest on the fixed capital etc where as the example of the variable cost in the wine industry are wages of the casual labour, expenses of the electricity etc. in the Spanish wine company normally the depre ciation charge for the machine, salary for the permanent staff, insurance for the company are fixed cost they don’t change although they make production high or low. They don’t effect of the annual budgeting because once they are determine they will be same for that entire year . the variable cost change with the change with the per unit production. The electricity charge is one of the good example of the wine industry, when the production is high then lots of electricity is used may be during fragmentation process may be during crushing machine is used the more wine we produce more electricity is used so it change with the changing output. Economy of the scale refers to the decrease in unit cost of a product or service resulting from large-scale operations, as in mass production. This concept of the economy helps the any business organization to run long run and helps in the current competitive global market. If the wine producer can produce the large amount of the wine than they can buy the large amount of the raw materials from the producer if they take in bulk amount then they can get in the cheaper price, once the good and high technology equipment is used the production will high and production cost will be less due to which large scale of the production is successful this will help the producer the qualitative productive product in cheaper price. The economy of the scale can be achieved by hiring the new technology machine, qualified manpower, by increasing the size of company and machine. This will help in reducing the production cost and helps to increase the output. The economy of the scale is thus achievable in the production by the long run production. In order to achieve the economical of the scale the wine producer should emphasis in the increasing the fix cost and decrease the variable cost. So the wine industry should always emphasis to find the qualified labour force which are well known and has experience about wineries, should always try to install the new technology machine which are multipurpose and help to produce the product in the large quantity. Wine has become an important part of the modern society; it has got the cultural, historical and religious importance. Spain is considered as one of the best wine producer country in the world which produces the different varieties of the wine at the different price level. It has been exporting its product in the different countries. Nepal is one of the wine companies where Spain is exporting the wine every year in huge quantity. Wine consumption has increased in the last 10 years. Nepal is one of the tourist destinations for the European and American visitors. Large numbers of the hotel, restaurant, pub, resort are there in Nepal, they import lots of wine from the Spain. Spanish red wine and black level are very popular in Nepal and every year large amount of black level and red wine are exported to Nepal in huge quantity. Although there are lots of barriers, Spain wine producer are supplying its product in Nepal. The only one way to export the wine to Nepal is the air transport due to the geographical territory. They don’t have access to sea there are lots of mountain to reach Nepal so air transport is only one alternative to reach there. To export the goods and product from air is expensive. The export cost is very high because of the high custom duty, tax, vat and the transport cost is very high. Only few wine companies select the Nepal as the market because it is hard to enter in the market. The legal procedure is very hard for the alcoholic product. The rules and regulation is very strict for the wine industry. The custom duty fare is very high and the import and export rules regulation is very strict and hard to follow so only few wine producers they choose Nepal as their target market. Nepal is one of the landlocked countries with big mountain and hills where the climate change is frequent and the air transport get cancelled frequently so summer will be only best time so export the goods. So during the summer large quantity of Spanish wine is exp orted to Nepal. There are only few authorized retailers of wine of Nepal so it is hard to find the market place and hard to export the product due to this also the supply process is very slow. However the demand of the people is high but due to the climatic condition, due to high transport cost, due to the strict rules and regulation regarding the export and import the supply process is very hard. As a whole we can say that Spanish wine industry has got the large market in the world and considered as the third largest country in producing the wine. The wine industry has got the traditional and historical importance still there are many wine industry which are operate in the same way they used to 20 30 years ago. If they can be modernized and if they adopt modern technology and equipment they can gain the economy of the scale and helps to direct the company in the path of success so the wine producer should always should emphasis in the division of labour, should always emphasis in modern technology this will help them to produce the qualitative wine and helps to compete in the market easily.

Marketing Plan of Julies Bakeshop Essay

Introduction: It’s been years since the Betterhalf Restaurant was giving birth of their food business. Betterhalf is a resto- bar food service industry located at the center of Veterans Medical Hospital that caters good delightful and deliciously taste foods to their target customers the Intern Students, Doctors, Nurses, Medical Representatives and especially Walk-ins. This restaurant ensures that each customer receives prompt, professional, friendly and courteous services and maintains the cleanliness of foods and well-comfortable ambience to their valued customers and employees. The restaurant also provides an affordable price to each of their meals and one of their best seller menu meals that their customers loved to eat at Betterhalf Restaurant are the Garlic Chicken with brown Sauce and a Buttered Chicken. For many years they served to their valued customers the opportunity they got from them was that each customers has a growth segment like for example the Medical Representatives wants a comfortable place for their meetings on their counterpart, the best place to be chosen was the Restaurant of Betterhalf because of the peaceful environment there that they can focus on. The clients can easily approach to the Chief Executive Officer or CEO of the Betterhalf Restaurant because one of the promotional strategy of the restaurant is through reservation because of they had a 3 functional room to used for holding any of activities of a clients. As of their financial aspects, Betterhalf Restaurant estimated net cash for each week is â‚ ±20,000.00 and for the whole month is â‚ ± 80,000.00.The profit of Betterhalf Restaurant is just enough to gave the compensations of its employees and the only reason why the CEO is still holding the business is because he is considering his social respons ibility to his subordinates. It‘s now seems that Betterhalf Restaurant may have been overly optimistic but it failed to anticipate several events in its marketing planning. First, when it rainy seasons their profit were decreasing 30% of its net sales that really affect to the expected income. Second, the location was the Betterhalf Restaurant built off seems that it is not convenient at all but it is â€Å"sadyain† by the customers and also the ambience was poor on good looking restaurant unlike others. Lastly, they had poor quality of promotional activities that cannot capture the attention of a customer. And to resolve their dilemmas or their lacking off on their business and to get a better roadmap to their success .We suggests that the company might have done a better job is a key aspect of making a better marketing plan to achieve their objectives including estimating the market opportunity, forecasting sales, determining the marketing programs or an promotional activities , developing and retent the customers good relationship towards the restaurant and ensuring the company’s product superiority to their valued customers.

Why Dog Is Mans Best Friend

Why Dog is Man’s Best Friend (Bark Bark) â€Å"What’s that Lassie? † (Bark Bark) â€Å"Timmy’s in trouble? † (Bark Bark). This is the famous cry for help from the television show Lassie. The star of this show is a dog named Lassie, hence the title of the show. In this show Lassie saves many lives and shows why she is a great companion. Lassie is a symbol and icon for how amazing the dog can be. Dogs have been personified as mans’ best friend throughout many television shows over the course of the years.These shows obviously got something right because I am going to tell you why dog is mans’ best friend. Dogs are very intelligent creatures, as personified in Brian Griffin from the television show Family Guy. In this show Brian can talk, write books, and even drives a Toyota Prius. Even though this is a major exaggeration studies on dogs have shown that they are actually really smart animals. According to â€Å"Live Science† the a verage dog has been found to have the IQ of a 2 year old child.What this means is that dogs can learn on average about 165 words and gestures in their lifetime. With these capabilities dogs have taken their place in the workforce alongside of humans. A few of the smartest breeds of dogs to help in the workforce include the Border collie, Poodle, and Labrador retriever. These dogs can help the blind and deaf community walk safely from place to place, help aid in rescues on land and in water, and last but not least dogs can even perform some jobs that are beyond what the normal human being is capable of completing.One of these jobs is located within the police department. As stated on â€Å"Yahoo Voice† a dog’s sense of smell is up to one-hundred million times stronger than that of a person. With this keen sense of smell dogs are used in cracking down on drug trafficking and even hunting down wanted criminals. Many of todays’ criminals would still be out and on th e run if it weren’t for our 4-legged friends. Secondly, dog is mans’ best friend because of their extreme loyalty towards their owner.As seen in another famous television show Scooby-Doo, Shaggy and Scooby never leave each other’s side no matter what scary ghosts try to come between them. This is due to the fact found in â€Å"Yahoo Voice† stating that dogs are â€Å"pack† animals and want to stay with their leader and owner. Dogs originally got this â€Å"pack† instinct because they were domesticated from wolves which are famous for traveling in large packs. Dogs were first domesticated several thousands of years ago from the Canis Lupis, or better known as the grey wolf.A real life example of this instinct occurred in Japan with a dog named Hachiko. According to The Japan Times Hachiko would meet his owner at the train station the same time every day. When Hachiko’s owner died, he still returned to that same exact train station ever y single day for the next 9 years of his life. Human beings have the capability of being loyal but if I had to count on either a dog or a person being there for me, I would choose the dog every single time. Lastly, dogs are full of excitement and energy.Probably the most famous of relationships with dog owners and dogs would be Mickey Mouse and Pluto. Pluto is adventurous and energetic and always looking to play games and go for walks. With all of this energy it only makes logical sense to make your best friend your new workout buddy also. According to SparkPeople. com it is proven that working out with your 4-legged friend helps you stay more committed to your workout routine. Staying consistent with your workout helps you keep your stress levels down and live a healthier, longer life.These effects also apply towards your dog as they will be happier and glad to spend as much time with their owner as possible. If working out is not your thing, there is nothing wrong with a classic g ame of fetch. It is amazing how simple of a game fetch is, all you have to do is throw a ball and a dog is more than content to retrieve it for hours on end. This bonding time between man and dog is very hard to compete with. Even though these television shows depict unrealistic ideas of what dogs can do, you can see the relationship between a dog and its owner and how it is influenced through the media.Dogs may not be able to drive around in a fuel efficient Prius or ride around in the Mystery Machine looking for clues, but as you can see a dog is much more than just an everyday household pet. He is your eyes when you’re not around, your personal trainer, but most importantly the best friend you will ever have. References Brown, Jamie. December 29, 2008. â€Å"All About Dogs†. Retrieved from http://voices. yahoo. com/all-dogs-interesting-facts-trivia-about-2353687. html? cat=53 Bryner, Jeanna. August 8, 2009. â€Å"Dogs as Smart as 2 year old Kids†. Retrieved f rom http://www. livescience. com/5613-dogs-smart-2-year-kids. html

Trotsky And The Soviet Revolution - 1434 Words

Everyone is a product of their circumstance, yet, important individuals can shape events within their times. The statement â€Å"individuals are a product of their times† can be related to Leon Trotsky a Marxists revolutionary whom is famous for his participation in the upheaval of Tsarist Russia throughout the early nineteen hundreds. Born into a period of turbulent social and political change due to the Russian industrial revolution, Trotsky was shaped by his context and events in his early life. However, it is to a greater extent that Trotsky was a significant player and shaper of events within his later life. Trotsky cemented himself as an important Historical figure who was a product of their time due to his participation in Russia s revolution and the series of important events leading to the revolution, his ability to successfully lead an army of over 5 million in the Russian civil war, intellectual literature on Marxism and revolutionary powers and his position as a Co mmissar of War. Though this statement was not always relevant to Trotsky, during the struggle for power in the 1920s he was decimated by Joseph Stalin whom had far great ability to politically maneuver his way to power. Trotsky has also been criticised for his inability to formulate realistic policies during the industrialisation debate of the 1920s. He continued to espouse ‘permanent revolution’ at a time when such a policy had little prospect of success. 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