MGMT 1035 Final Exam Review

Question 1

Which British King introduced gin to the british market

Answer 1

King William the Third

Question 2

What were rules of the Gin Act 1751

Answer 2

Made it harder to get a license, gin was taxed so its more expensive now. Drinking beer was suggested as an alternative

Question 3

What caused Gin to gain its reputation again?

Answer 3

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

Question 4

What was created as a result of quinine being mixed with bubbly water, seltzer etc as a tonic against malaria?

Answer 4

Gin and Tonic

Question 5

What is Rum a byproduct of?

Answer 5

byproduct of sugar manufacturing

Question 6

How much of Jamaican rum was the British Navy entitled to drink each day?

Answer 6

a pint of Jamaican rum for each 1.5 men

Question 7

Which family became a supplier of rum to Spanish royalty from facilities in Cuba during the 1880s?

Answer 7

The Bacardi Family

Question 8

Whos the founder of the Bacardi rum company?

Answer 8

Facundo Bacardi

Question 9

What’s Cuba Libre?

Answer 9

A beverage that the Bacardi family popularized by mixing rum with coco cola for American tourits.

Question 10

What did Castro do with the distilleries after taking over the govt?

Answer 10

nationalized all of them without compensation

Question 11

Whats Prohibition?

Answer 11

act or practice of forbidding by law the manufacture, storage, transportation, sale, possession, consumption of alcohol beverages.

Question 12

What’s the Canadian postcard “Banish the Bar”?

Answer 12

bars are bad and they waste people’s money

Question 13

Name two canadian organizations that campaigned against alcohol in the 1800s

Answer 13

1) Dominion Alliance for the Total Suppression of the Liquor Traffic
2) Women’s Christian Temperance Union

Question 14

When did other canadian provinces begin adopting prohibition?

Answer 14

During WW1

Question 15

Which amendment to USA constitution made alcohol illegal in 1920?

Answer 15

The 18th Amendment

Question 16

Which amendment repealed the 18th amendment, making alcohol legal again?

Answer 16

The 21st Amendment

Question 17

What were the 2 outcomes of alcohol being banned in US and legal in canada?

Answer 17

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

Question 18

Premier of Ontario when LCBO was introduced

Answer 18

Howard Ferguson

Question 19

What did customers need to do before purchasing alcohol from LCBO?

Answer 19

Obtain a purchasing permit and fill out order forms for review

Question 20

How did LCBO track costumer’s purchases?

Answer 20

Sales were recorded in a permit book

Question 21

Which countries dominated the global wine market until the 1980s?

Answer 21

European countries, especially Italy and France

Question 22

Which countries initially disrupted the global wine market dominance of Italy and France?

Answer 22

US & Australia

Question 23

Which countries emerged in the global wine market following the US & Australia

Answer 23

Chile, South Africa, Argentina, New Zealand

Question 24

What does “catch up” mean in the wine industry?

Answer 24

Involves developing technological abilities, understanding market conditions and consumer preferences and aligning with market leaders

Question 25

What are “windows of opportunity” in the catch up framework?

Answer 25

Big changes in tech and in market that create gaps for latecomers to capitalize on

Question 26

Why is technical change in the wine industry considered slow?

Answer 26

Because significant innovations often come from supplier industries rather than the wine producer themselves

Question 27

Which 5 European countries dominated the global wine industry in 1960s?

Answer 27

France, Italy, Spain, Germany and Portugal

Question 28

What was the impact of changes in UK wine licensing in late 1970s?

Answer 28

Supermarkets began retailing wine, allowing Australian wine to become competitive on the UK market

Question 29

How did OW producers compete with NW producers?

Answer 29

Adopted advanced vineyard and wine production technologies, focused on high quality wines and marketing and packaging

Question 30

How did Appellation of Origin Control (AOC) support OW wines?

Answer 30

They preserved quality and protected regional identities which made OW wines desired

Question 31

What was the purpose of the 2008 EU wine sector reform?

Answer 31

To promote competitiveness by reducing strict controls, supporting innovation and marketing

Question 32

Why did Australian wine exports slow down in the mid 2000s?

Answer 32

Their rigid production model failed to meet consumer demand for sophisticated and diverse wine