GWT 404 - The International Wine Trade

Description:
Accounting and finance, global supply chain, distribution, retail, intellectual property rights, legal issues, wine auctions and investments, journalism and ratings. Course will be offered every year. Course will not have an established scheduling pattern. Formerly GWS 404; students may not receive credit for both.

Prerequisites:
Prerequisites: ACCT 301 and GWT 304.

Credits: (5)

Learner Outcomes:
Upon successful completion of this course, the student will be able to:

Demonstrate an understanding of accounting, finance, budgeting and projections, market forecasting and market share in the wine industry
Demonstrate an understanding of the global supply chain in the wine industry from supplier, producer, importer, exporter, distributor, wholesaler and retailer
Demonstrate an understanding of the needs of off-premise and on premise retailers
Demonstrate an understanding of the issues of financial valuation including assets, liabilities, intellectual property rights, and issues regarding exit strategies
Assess the commercial ramifications of wine journalism, ratings and competitions
Demonstrate an understanding of wine auctions and wine investment funds and opportunities, and fraudulent wine identification

Learner Outcomes Approval Date:
1/17/2008