Case Study: practical evaluation of a winery – technical evaluation of all aspects of winery management from vineyard to the bottle. This will be carried out at a local Château located in the Bordeaux region. Objectives: utilize knowledge gained for the practical evaluation of a working winery.
Wine Policies & Fundamentals of Microeconomics
Description: Develop and understanding of the complexity and mechanisms of the European wine policy. Examine and discuss the diversity of market regulation(s) among European wine countries and in other non-EU markets.
In this TU, students will have an introduction to basics in micro-economics applied to the wine industry) (it includes several practical-oriented experiences). Introduction to econometric methods applied to the wine industry.
Objectives: Aside from active class participation, students are expected to complete the exercises and to conduct at the end their own research project.
The objectives of this course are to facilitate students’ learning of concepts and help them adapt to various situations by applying those concepts in a given wine-related context. Students will learn key concepts of strategic marketing and apply them in a given wine/spirits context. This course is an introduction to the wine-related theories and practices that encompass key issues in marketing (e.g., brand management, consumer behavior), supply chain, and distribution. The course specifically examines issues related to wine exports, market-related strategies, consumer drivers and brand challenges, changes in both the supply chain and international wine distribution. We finally cover practice of tourist/consumer segmentation, value propositions (CVP), and methods for market research studies.
Providing a diversity of management insights and feedback experiences in the international wine industry.
Understanding the competitive strategies of leading investor-owned firms and co-operatives in the wine industry.
Understanding firms’ strategic dimensions by combining different approaches: resource-based view (RBV), core competencies, and Customer Value Propositions (CVP).
Joint venture, property acquisition and vineyard creation