Chapter 7 Flashcards
1
Q
What is the aim of a monopoly
A
To control alcohol consumption
2
Q
What is the process for a producer to be listed with a monopoly
A
- producer approval, tender, blind tasting selection system
- lengthy process
-final decision
3
Q
Tender process
A
Request to tender, companies look through their portfolio and then pitch them to the monopoly
4
Q
Well known monopolies around the world
A
Finland
Canada
Sweden
5
Q
US three tier system (tide house)
A
Producer/importer: making it imputing the wine
Distributor: distribution, wholesale or brokers managing sale to others
Retail: hotel, restaurant, cafe; selling product to end consumer
6
Q
North Carolina
A
Functions like a monopoly
7
Q
California
A
Free market
