Introduction Flashcards
1
Q
Profit
A
The amount of money or surplus remaining after total costs are deducted from total income
2
Q
Revenue
A
Total income
3
Q
Wine costs
A
Total costs of production, sales and marketing, transport, taxes, duties
4
Q
Net profit
A
Cost minus sales
5
Q
Profit margin
A
Percentage of sales that turn into profit
6
Q
ABV
A
alcohol by volume
7
Q
AOC
A
Appellation d’origine contrôlée
8
Q
AVA
A
American Viticultural Area
9
Q
BAC
A
blood alcohol concentration
10
Q
BOGOF/BOGO
A
buy one, get one free
11
Q
CIM
A
Chartered Institute of Marketing
12
Q
DOC
A
Denominazione di Origine Controllata
13
Q
DOCG
A
Denominazione di Origine Controllata e Garantita
14
Q
EU
A
European Union
15
Q
GI
A
Geographical Indications
