WINE 7002EX - Evaluating Domestic and International Wine Markets
External - Trimester 1 - 2018
-
General Course Information
Course Details
Course Code WINE 7002EX Course Evaluating Domestic and International Wine Markets Coordinating Unit Adelaide Business School Term Trimester 1 Level Postgraduate Coursework Location/s External Units 3 Available for Study Abroad and Exchange N Restrictions Available only to Cert, Grad and Masters of Wine Bus. Others with approval from Program Director. Course Staff
Please see WINE 7002 course outlineCourse Timetable
The full timetable of all activities for this course can be accessed from Course Planner.
Seminar Weekly Topic Session 1 Course introduction
1 Globalisation and wine markets
2 Regulation and trade environment for wine
3 Competitiveness of wine producing countries
Data sources, case study methodologySession 2 4 Australian market for domestic wine producers
5 Australian market opportunity relative to global market potential for domestic wine producers
Case study exercisesSession 3 6 Categorising global wine market potential
7 Developed wine markets profiles - Open markets
8 Developed wine markets profiles - Government controlled markets
9 Emerging wine markets profiles
Session 4Workshopping Topics 6, 7, 8, 9Case study exercisesSession 5 10 Route to market and marketing strategies for global wine markets
11 Wine business competencies qualify market opportunity
Case study exercisesSession 6 12 Investment decision for new market selection – application of the evaluation criteria
13 Review and exam briefing
Exam Exam week TBC -
Learning Outcomes
Course Learning Outcomes
On successful completion of this course, students will be able to:
- Identify and analyse the impact of external environment factors, including globalisation, regulation and exchange rates, on the competitiveness of wine producing countries and on the potential wine business profitability of individual wine markets.
- Determine the differential sales and profitability potentiual of local and international wine markets.
- Identify and interpret the role of cultural issues influencing wine demand and design culturally responsive wine business strategies for different wine markets.
- Determine the wine markets that best match the sales and profitability objectives, risk appetite and capabilities of an individual wine business.
- Plan and specify market entry strategies that uniquely address the specific trade, consumer and structural parameters of each international wine market.
- Develop marketing strategies to achieve the corporate, branding and sales objectives for each local and international market.
University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Deep discipline knowledge
- informed and infused by cutting edge research, scaffolded throughout their program of studies
- acquired from personal interaction with research active educators, from year 1
- accredited or validated against national or international standards (for relevant programs)
1, 2, 3, 4, 5, 6 Critical thinking and problem solving
- steeped in research methods and rigor
- based on empirical evidence and the scientific approach to knowledge development
- demonstrated through appropriate and relevant assessment
1, 4, 5, 6 Teamwork and communication skills
- developed from, with, and via the SGDE
- honed through assessment and practice throughout the program of studies
- encouraged and valued in all aspects of learning
2 Career and leadership readiness
- technology savvy
- professional and, where relevant, fully accredited
- forward thinking and well informed
- tested and validated by work based experiences
2, 4, 5, 6 Intercultural and ethical competency
- adept at operating in other cultures
- comfortable with different nationalities and social contexts
- able to determine and contribute to desirable social outcomes
- demonstrated by study abroad or with an understanding of indigenous knowledges
3 Self-awareness and emotional intelligence
- a capacity for self-reflection and a willingness to engage in self-appraisal
- open to objective and constructive feedback from supervisors and peers
- able to negotiate difficult social situations, defuse conflict and engage positively in purposeful debate
1, 2, 3, 4, 5, 6 -
Learning Resources
Required Resources
This course has no text book, required readings will be provided to students through MyUni.Recommended Resources
The Business School Communication Skills Guide provides important information on assignment and referencing expectations. https://business.adelaide.edu.au/documents/CSG_business_Web_final.pdf
Australian Grape and Wine Authority (Wine Australia), Winefacts Database (2018).
Senate Standing Committee on Rural and Regional Affairs and Transport, Australian Grape and Wine Industry, Parliament House, Canberra, February 2016.
Anderson, K, Nelgen, S, and Pinilla, V (2017), Global wine markets, 1860 to 2016: a statistical compendium. Adelaide: University of Adelaide Press.
Winemakers’ Federation of Australia, The Marketing Decade: Setting the Australian Wine Marketing Agenda 2000 – 2010, Adelaide, 2000
Australian Wine and Brandy Corporation (AWBC) and Winemakers Federation of Australia (WFA), Wine Australia: Directions to 2025: An Industry Strategy for Sustainable Success, Adelaide, 2007.
Winemakers’ Federation of Australia,WINE INDUSTRY REPORT, Expert Report on the Profitability & Dynamics of the Australian Wine Industry, Adelaide, 2013
Goodman Steve, Principles of Wine Marketing, Winetitles, Adelaide, 2012
Halliday James, Halliday Wine Companion, Melbourne, 2017Online Learning
Lectures, case study exercises and case study results can be accessed online through Myuni as an alternative to on campus attendance.
However participation in a full day workshop, scheduled for Friday 13th July, is essential small group learning and is assessable.
All students are strongly encouraged to attend the workshop on campus.
For those externally enrolled students unable to attend the full day workshop session on campus, alternative tasks will be advised.
Assignments are submitted via the MyUni website and the exam is available online.
Any additional course materials will be provided through Myuni.
Students are expected to read all course-related announcements posted on the course website and to utilise the discussion boards where appropriate. -
Learning & Teaching Activities
Learning & Teaching Modes
This course is taught through 6 intensive full day sessions, comprising a mix of lecture presentations, small group tasks, and case study exercises.
Students are also expected to complete the required readings. See below for lecture topic details. The reading list and discussion questions for each topic will be provided via Myuni at the commencement of the course.Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
The information below is provided as a guide to assist students in engaging appropriatelywith the course requirements.
The university expects full-time students (i.e. those taking 12 units per semester) to devote a total of 48 hours per week to their studies. This means that, for this course, you are expected to commit approximately 9 hours to private study, that is, study outside of your regular classes.
Students in this course are expected to either attend or access online all lectures, case study presentations and exercises throughout the semester; attend the all day small group learning workshop scheduled for 10th March; and complete the assignment and exam.Learning Activities Summary
Teaching & Learning Activities Related Learning Outcomes
Lectures 1-6
Group workshop tasks 1-6
Topic 1 Globalisation and wine markets
Topic 2 Regulation and trade environment for wine
Topic 3. Competitiveness of wine producing countries.
Topic 4. Australian market for domestic wine producers.
Topic 5. Australian market opportunity relative to global market potential for domestic wine producers.
Topic 6 Categorising global wine market potential
Topic 7 Developed wine markets profiles - open markets
Topic 8 Developed wine market profiles - Government controlled
Topic 9 Emerging wine markets profiles
Topic 10 Route to market and marketing strategies for global wine
Topic 11 Wine business competencies qualify market opportunity
Topic 12 Investment decision for new market selection – application of the evaluation criteria
Topic 13 Revision and exam briefingSmall Group Discovery Experience
Every full day session features group discussion of nominated topics and the Saturday 10th March workshop is designed to use a small group learning format for discussion and problem solving of specific issues from the course topics. -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Assessment task Weighting Due
Date/weekLength Learning Outcomes Intensive sessions
group tasks20% Every week N/A 1,2,3,4,5 Assignment essay
(individual work)30% Week 8 2,500
words2,4 Final exam 50%
Must achieve
passing gradeWeek TBA 2.5 Hours 1,2,3,4,5,6 Total 100% Assessment Related Requirements
Workshop
Participation in the full day workshop is an essential component of the course and is assessible for each student's contribution to group tasks.
Externally enrolled students who are unable to attend on campus for the workshop will be required to undertake alternative tasks to be advised.
Final Exam
To gain a pass for this course a mark of 50% must be obtained on the final examination as well as a total of 50% overall.
Open book exam, available online.Assessment Detail
TUTORIAL (Workshop) PARTICIPATION
Marks will be awarded for workshop active participation and for contribution to workshop group tasks. Students are expected to prepare for workshop classes by completing any assigned reading prior to the class and preparing for the discussion topic and or questions provided on Myuni for that workshop.
ASSIGNMENT
Individual Assignment
Weight: 30%
Due Date: Week 8
Word Limit: 2500 words approximately excluding reference listing.
Method of Submission: you are required to submit this assignment along with a business school cover sheet via MyUni for this course no later than the due date and time.
Wine company case study to be analysed, question to be posted on MyUni.
FINAL EXAM
The course will conclude with a 2.5 hour examination held during the university examination period, date to be advised. The exam will be available online for external students.
This exam will be open book and will cover every topic in the course - content from all lecture materials and course readings is examinable.
To gain a pass for this course a mark of 50% must be obtained on the final examination as well as a total of 50% overall.
Open book exam, available online.Submission
All assignments should be submitted via Myuni and accompanied by a Business School cover sheet.
Students should retain a copy of all assignments submitted.
REFERENCING
Correct referencing is important for identifying the ideas and arguments you present along with any direct quotes you use. It helps to avoid plagiarism and demonstrates that you have thoroughly researched your assignment. The Harvard Referencing System is usually used in the Business School. Guidelines for this system and examples of correct referencing can be found in the Business School Study Skills Guide listed under recommended resources in this guide.
LATE ASSIGNMENTS
Students are expected to submit assignments by the due date in order to maintain equity. Extensions can only be given for medical or other serious reasons and must be requested before the due date. These requests must be accompanied by appropriate documentation such as a medical certificate and will be granted on a case by case basis. Late assignments without prior arrangement will be penalised by a 5% reduction for each day that it is late.Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through Access Adelaide.
-
Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
-
Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- International Student Support
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
- YouX Student Care - Advocacy, confidential counselling, welfare support and advice
-
Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Elder Conservatorium of Music Noise Management Plan
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
-
Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student’s disciplinary procedures.
The University of Adelaide is committed to regular reviews of the courses and programs it offers to students. The University of Adelaide therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.