3.6 Co-operatives Flashcards
Co-operatives: 1.)
What are Co-Operatives?
List 4 points!
- ) owned by a group of growers
- ) democratic management
- ) most dynamic businesses
- ) produce wine from grapes of their members
Co-operatives: 2.)
Give 3 advantages and 2 disadvantages of being in a Co-operatives!
advantages:
- pool the financial ressources
= more expensive equipment & expertise
- reduction in production costs by bulk buying materials
& making/selling large quantities
- access to experts for marketing, packaging, sales
disadvantages:
- slow decision making process
- not all members agree
Co-operatives: 3.)
Name 2 successful wine brands if we are talking about Co-operatives:
- ) Plaimont (South-West-France)
2. ) Badischer Winzerkeller (Germany)
Co-operatives: 4.)
Which two style of wines could the Co-operatives produce?
Name 2 famous examples!
- ) entry level wines
- ) own label wines
e. g. La Chablisienne; Mont tauch (Fitou)
5.) How do quality focused Co-operatives pay their members?
by the quality of their grapes
BUT
saving money for future investments