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Data Modeling for Penfolds Wine Company

   

Added on  2023-04-03

24 Pages2035 Words69 ViewsType: 69
Statistics and Probability
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N A M E
I N S T I T U T I O N
D AT E
Data Modeling
Data Modeling for Penfolds Wine Company_1

Introduction
In this presentation, a data analysis on Penfolds wine company will be
presented.
The nature of the company will be explored
The different products and services it provides
Analysis will be done
A suitable measure of economic activity
Assessment of Monetary policy of China
Other socio-economic considerations
A chart showing adult literacy rate in China
Demand curve for products that have high degree of substitutability like
Wine
Recommendations
Implications of this analysis
Regression model
References
Data Modeling for Penfolds Wine Company_2

Nature of Penfolds Wine Company
Penfolds Wine Company is an entity that is based in
Sydney, Australia.
It was established in 1844 by Rawson Penfold who
moved into Australia as an emigrant.
Penfolds wine company is one of the oldest companies
that have been producing wines for the past centuries
since the time of its establishment in 1844.
In regards to Penfolds nature of business, the company
processes a multiple of ingredients such as wine
grapes, juices, acids, sugars, minerals, pulps, yeast as
well as tannis so as to produce wine (McKenna, 2012).
Data Modeling for Penfolds Wine Company_3

Nature of Penfolds Wine
Company..continued
Penfolds Wine Company falls under the
Treasury Wine Estates which is overall
controller and manager of wine companies in
Australia’s wine making industry.
In regards to Australia winemaking industry,
competition is present due to existence f rival
companies engaging in production of wine.
Penfolds Wine Company faces competition from
Jim Barry Rockford, D'Arenberg and Wynns as
far as customer base and market shares are
concerned.
Data Modeling for Penfolds Wine Company_4

Products of Penfolds Wine Company
Penfolds wine company engages in
production of a variety of wines .
These wines are categorized as Red wines
and White wines by Penfolds Wine Company.
Red wines products include; Red Blends,
Malbec, Pinot Noir, Syrah, Sangiovese and
Zinfandel among others.
White wines include; Pinot Gris, Riesling,
Moscato, Sauvignon Blanc and Chardonnay
among others.
Data Modeling for Penfolds Wine Company_5

Analysis
Companies always engage in expansion of their businesses as a way
of boosting their revenues and market share.
The above is attributed to the fact that companies always aim at
earning highest possible returns from their undertakings that
involve devotion of their resources.
Penfolds wine company is aiming at realizing highest possible
returns from its undertaking by establishing a new manufacturing
plant in China by devoting its substantial financial resources.
Some of the risks may include; potential demand, sustainability of
the supply and distribution chains by a company as well as the
capability of the target audience to afford the products that are to be
offered by a company.
The proposal to create a new manufacturing plant in China, the
demand risks arising from macroeconomic performance of China are
likely to have a significant impact on this new venture.
Data Modeling for Penfolds Wine Company_6

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