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Topic: Business
Number of pages / Number of words: 9 / 2362
Essay's paper body

Political/Legal: High impact. Alcohol is a highly regulated industry, with many permits and licenses involved in sales, production and transportation.

f. Demographic: High impact. There is a minimum age in most countries for one to consume alcohol. In addition, the types of alcohol consumed vary widely between age categories...


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The majority of wine is consumed by adults between 35 and 60, an attractive demographic.

Conclusions

The sociocultural and legal aspects of the industry make it a tricky prospect. That said, there are strong possibilities for growth. Productivity improvements and high industry-wide capacity utilization in the spirits sector allow for increased operating profits...


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