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WINE 7003 - Australian Wine in the Asian Century
University Course Planner The University of Adelaide Australia

WINE 7003 - Australian Wine in the Asian Century

Career: Postgraduate Coursework
Units: 3
Term: Trimester 2
Campus: North Terrace
Contact: Up to 36 hours
Available for Study Abroad and Exchange: No
Available for Non-Award Study: No
Assumed Knowledge: WINE 7002
Syllabus:

As the world economic centre of gravity shifts towards Asia, the accompanying rapid urbanisation and the growth of the Asian countries middle classes is driving demand growth for premium and luxury products and services. Wine consumption and sales in Asian markets have been stimulated by this trend and the Australian wine industry has benefitted as Asian markets have increased their destination share of Australian wine exports - particularly for higher value segments - with prospects for further growth. However there are formidable challenges for Australian wine businesses in securing a greater share of this increasing demand against global wine competitors and even local producers in some markets. As well there are substantial differences between the wine demand growth potential and of the market structure and business culture of individual Asian markets. Whilst wine export prospects will be dominated by wine consumption in China, other emerging wine markets such as Thailand, Vietnam, Indonesia and India will join more established wine markets such as Singapore, Japan and South Korea as Asian target markets offering export growth potential. This course focuses on the potential of these markets and provides an understanding of market opportunities as well as barriers to success. This includes analysis of economic drivers and wine market structures and wine consumption behaviours. Market entry strategy options and understanding of differing distribution and retail systems are explored. The course also provides insights to cross cultural issues and business to business relationship strategies in an Asian context. There is an emphasis throughout on the objective of Asian wine business relationships and outcomes that will contribute to the sustainable profitability of the Australian wine industry and individual wine businesses, distinguishing this from opportunistic trading for short term wine export sales results.

Course Fees

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Student Status

Domestic
International

What type of place are you studying in

Commonwealth supported
Full fee paying

Study Level

Undergraduate
Postgraduate Coursework
Non Award

Program of Study

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Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information

Units
EFTSL
Amount
3
0.125
          
  


Course Outline

A Course Outline which includes Learning Outcomes, Learning Resources, Learning & Teaching for this course may be accessed here


Critical Dates

Term Last Day to Add Online Census Date Last Day to WNF Last Day to WF
Trimester 2 Tue 09/06/2020 Thu 11/06/2020 Fri 24/07/2020 Wed 19/08/2020


Class Details

Enrolment Class: Seminar
Class Nbr Section Size Available Dates Days Time Location
33061 SE01 15 FULL 28 May - 29 May Thursday, Friday 9am - 4:30pm Napier, 210, Teaching Room
11 Jun - 12 Jun Thursday, Friday 9am - 4:30pm Napier, 210, Teaching Room
25 Jun - 26 Jun Thursday, Friday 9am - 4:30pm Napier, 210, Teaching Room