qualitative study of Chinese wine consumption and purchasing Implications for Australian wines The University of Western Australia‚ Perth‚ Australia Abstract Purpose ± This research aims to examine Chinese consumers’ wine consumption and purchasing behaviour. Design/methodology/approach ± The study‚ conducted during the Chinese New Year in early 2006‚ used in-depth interviews with 15 consumers in Guangzhou‚ People’s Republic of China. Findings ± The results suggest that Chinese consume Chinese spirits
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Introduction - The ‘Three Terrible Years’ The period between 1958 and 1961 is known as the Three Years of Great Chinese Famine. It is also referred to as ‘The Three Years of Natural Disasters’ or ‘The Difficult Three Year Period’ because China doesn’t want to admit the true cause of the disaster. (Branigan‚ 2013) Natural factors do play a major role in this disaster‚ but one questions whether the famine would have been this severe if it had taken place in a democracy. The economist Amartya Sen said
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2. “Chinese investments and business interests are now to be found all across Africa” (Commission for Africa‚ 2005). Why have Chinese companies found the emerging markets of Africa less risky and a more attractive proposition than western multinationals? Africa is the second largest continent in the world‚ lack of rules‚ poverty‚ and corruption are the basic characteristics of this huge continent. However‚ a market with a very high amount of resources such as natural gas‚ raw materials‚ and oil
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Fireworks on the Fourth of July is a tradition since 1777‚ where every year 247‚550‚000 pounds of fireworks are bought giving the fireworks industry a yearly revenue that reaches up to a billion dollars‚ a statistic that should not be risen further (statisticbrain.com). People light the fuse‚ and watch them fly up into the air‚ ready to see the magic happen; With all these fireworks thrown up into the night sky only to explode in a brief flash of light‚ there isn’t much danger‚ since so many people
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Pros and Cons of Being a Hedonist Eater Eating anything I want at any time I want is the way I live my life no matter the consequences. Hedonism describes my eating habits because I eat anything that gives me pleasure no matter what the circumstances. According to Dictionary.com the definition of “hedonist” is “a person whose life is devoted to the pursuit of pleasure and self-gratification”. By following the idea of Hedonism‚ I eat for pleasure and not to conform to societies’ view of
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Golf Industry 2009 Case Analysis Michael George Central Michigan University MGT 495 Section #2216221 Table of Content 1.Introduction page 1 2.Five Forces of Competition pages 1-4 3.Driving Forces page 4 4.Strategic Map page 5 5.Conclusion page 5 6.Biography page 6 1 Introduction In this case study we look at the golf equipment industry in 2009 and its driving forces that affect the competition amongst its leaders. The companies examined in the study are Callaway Golf‚
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the UK economy and had an adverse effect on the hotel industry‚ there are now clear signs of recovery. This report will first examine the UK hotel market‚ discuss the major industry players and demonstrate the relative importance of key issues. Furthermore‚ it will explore the UK consumer trends‚ present the diversity of backgrounds of investors and provide a future outlook along with a forecast which has been developed to illustrate the industry and the factors affecting its development and future
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CASE EXAMPLE Global forces and the European brewing industry This case is centred on the European brewing industry and examines how the increasingly competitive pressure of operating within global markets is causing consolidation through acquisitions‚ alliances and closures within the industry. This has resulted in the growth of the brewers’ reliance upon super brands. In the first decade of the twenty-first century‚ European brewers faced a surprising paradox. The traditional centre of the beer
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RELIANCE INDUSTRIES LIMITED Reliance Industries Limited (RIL) is an Indian conglomerate holding company headquartered in Mumbai‚ Maharashtra‚ India. Reliance owns businesses across India engaged in energy‚ petrochemicals‚ textiles‚ natural resources‚ retail‚ and telecommunications. Reliance is the third most profitable company in India‚ the second-largest publicly traded company in India by market capitalization‚ and the second largest company in India as measured by revenue after the government-controlled
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Kroll Bond Rating Agency (HBS 9-212-034) October 23‚ 2014 Tzyy-Shiuan Chiu‚ Yuanyuan Hao‚ Mofan Shi‚ Hsin-Ping Tso A Good Time and A Good Idea to Enter the Credit Rating Business Jules Kroll is planning to enter into the ratings industry. To determine whether it is a good idea and a good time for him to enter into the new business‚ we project the 5-year NPV for KBRA and apply SWOT analysis to KBRA. The 5-year projected NPV is $341.1 million‚ a positive number. It is a good time and a good idea for
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