A Critical Look at the South African Wine Industry, business and finance homework help

Analyzing the South African Wine industry competitiveness is an important skill for global managers and employees. Global organizations are looking for research and analytical skills in aspiring practitioners in the international wine business. This final project exercises your ability to make recommendations to stakeholders based on real-world data. For an important consideration, watch this TED Talk from the module resources before you submit your final project.

The market that will be analyzed is the South African Wine industry.In APA format, the following critical elements must be addressed:

I. Overview: Provide a general overview where you select a specific international (non-U.S.) market, an industry, and a company within that industry. Introduce the country, industry, and the company, including key details such as the location and general statistics of the country and the competition of the market.

II. Trade Policies: Describe the country’s specific trade policies geared toward foreign multinational corporations (MNCs).

A. Define trade policies in your specific international market. Consider drawing from multiple sources in your definition.

B. Determine the implications of the trade policies on your company. Do these policies ease or hinder your company’s business? Why?

C. Determine the implications of the trade policies on your industry. Do these policies ease or hinder the industry within the specific international market? Why?

D. Determine the implications of the trade policies on consumers. Do these policies hinder the consumer’s purchasing power within the specific international market? Why?

III. Trade Barriers: Describe the country’s specific trade barriers geared toward foreign MNCs entering the market.

A. Define trade barriers in your specific international market. Consider drawing from multiple sources in your definition.

B. Determine the implications of the trade barriers on your company. Do these barriers hinder your company’s business? Justify your response.

C. Determine the implications of the trade barriers on your industry. Do these barriers hinder the industry within the specific international market? Justify your response.

D. Determine the implications of the trade barriers on consumers. Do these barriers hinder the consumer’s purchasing power within the specific international market? Justify your response.

IV. Recalculating Parameters: Select the previously identified trade barriers and change their parameters for your selected industry, making appropriate economic calculations and representing the changes in charts.

A. Calculate the effect of the change of a tariff on your particular industry. Illustrate the change visually in a chart.

B. Calculate the effect of the change of a quota on your particular industry. Illustrate the change visually in a chart.

C. Calculate the effect of the change of a government subsidy on the overall GDP. Illustrate the change visually in a chart.

V. Trade Agreements and Foreign Trade Zones

A. Describe your country’s specific trade agreements and applicable foreign trade zones.

B. Evaluate the advantages and disadvantages of the trade agreements on the specific international market. What is their impact on the industry in which your company operates?

C. Evaluate the advantages and disadvantages of the foreign trade zones on the specific international market. What is their impact on the industry in which your company operates?

VI. Competitiveness

A. Evaluate the overall competitiveness of your specific market based on the World Competitiveness Yearbook. For example, how attractive is this market to foreign direct investment? Support your response with evidence.

B. Evaluate the overall competitiveness of your industry in the specific market based on the World Competitiveness Yearbook. For example, the produce industry in Chile has restrictive accessibility and therefore a low competitiveness. Support your response with evidence.

VII. Recommendations

A. What existing trade policies would help the company to succeed in their industry and market? Support your answer with your findings from the previous sections of the report.

B. Suggest alternative trade barrier options based on your findings to help your company succeed. Should any barriers be changed? Support your answer with your findings in the previous sections of the report.

C. Recommend whether or not your company should enter the industry in your particular market. In other words, what is the value of this opportunity for your company in terms of feasibility and profitability? Support your recommendation with the data from World Competitiveness Yearbook.

 

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