MGMT 1035 Final Exam Review Flashcards
Which British King introduced gin to the british market
King William the Third
What were rules of the Gin Act 1751
Made it harder to get a license, gin was taxed so its more expensive now. Drinking beer was suggested as an alternative
What caused Gin to gain its reputation again?
The British were in warm climates where they could get malaria. They used quinine from the bark of trees as a cure. It tasted awful so they mixed it with gin to convince people to drink it
What was created as a result of quinine being mixed with bubbly water, seltzer etc as a tonic against malaria?
Gin and Tonic
What is Rum a byproduct of?
byproduct of sugar manufacturing
How much of Jamaican rum was the British Navy entitled to drink each day?
a pint of Jamaican rum for each 1.5 men
Which family became a supplier of rum to Spanish royalty from facilities in Cuba during the 1880s?
The Bacardi Family
Whos the founder of the Bacardi rum company?
Facundo Bacardi
What’s Cuba Libre?
A beverage that the Bacardi family popularized by mixing rum with coco cola for American tourits.
What did Castro do with the distilleries after taking over the govt?
nationalized all of them without compensation
Whats Prohibition?
act or practice of forbidding by law the manufacture, storage, transportation, sale, possession, consumption of alcohol beverages.
What’s the Canadian postcard “Banish the Bar”?
bars are bad and they waste people’s money
Name two canadian organizations that campaigned against alcohol in the 1800s
1) Dominion Alliance for the Total Suppression of the Liquor Traffic
2) Women’s Christian Temperance Union
When did other canadian provinces begin adopting prohibition?
During WW1
Which amendment to USA constitution made alcohol illegal in 1920?
The 18th Amendment
Which amendment repealed the 18th amendment, making alcohol legal again?
The 21st Amendment
What were the 2 outcomes of alcohol being banned in US and legal in canada?
1) Canada became a tourist destination for Americans who wanted to drink legally
2) Canada became a major supplier for American organized crime for those that wanted to smuggle alcohol to the US
Premier of Ontario when LCBO was introduced
Howard Ferguson
What did customers need to do before purchasing alcohol from LCBO?
Obtain a purchasing permit and fill out order forms for review
How did LCBO track costumer’s purchases?
Sales were recorded in a permit book
Which countries dominated the global wine market until the 1980s?
European countries, especially Italy and France
Which countries initially disrupted the global wine market dominance of Italy and France?
US & Australia
Which countries emerged in the global wine market following the US & Australia
Chile, South Africa, Argentina, New Zealand
What does “catch up” mean in the wine industry?
Involves developing technological abilities, understanding market conditions and consumer preferences and aligning with market leaders
What are “windows of opportunity” in the catch up framework?
Big changes in tech and in market that create gaps for latecomers to capitalize on
Why is technical change in the wine industry considered slow?
Because significant innovations often come from supplier industries rather than the wine producer themselves
Which 5 European countries dominated the global wine industry in 1960s?
France, Italy, Spain, Germany and Portugal
What was the impact of changes in UK wine licensing in late 1970s?
Supermarkets began retailing wine, allowing Australian wine to become competitive on the UK market
How did OW producers compete with NW producers?
Adopted advanced vineyard and wine production technologies, focused on high quality wines and marketing and packaging
How did Appellation of Origin Control (AOC) support OW wines?
They preserved quality and protected regional identities which made OW wines desired
What was the purpose of the 2008 EU wine sector reform?
To promote competitiveness by reducing strict controls, supporting innovation and marketing
Why did Australian wine exports slow down in the mid 2000s?
Their rigid production model failed to meet consumer demand for sophisticated and diverse wine
