1. Focus in the premium spirits market on price:

Advantages:

  1. Helps in developing high-end management expertise.
  2. High-end products help in establishing a significant identity, bringing in high profits.
  3. Helps in generating economies of scale.

Disadvantages:

  1. Vulnerable to political or legal influences.

  2. May follow a 2+1 structure and each point must have 3 supporting reasons.

  3. Alba's export strategy:

Strengths:

  1. Helps the company share risk and avoid being affected by economic cycles in a particular country.
  2. Acquires experience in expanding overseas through different approaches (third-party, suppliers).

Weaknesses:

  1. Company may be limited by third-party restrictions.

  2. Fluctuations in exchange rates can have an impact, even if hedged.

  3. Alba only operates in the 'premium' spirits market:

Marketing can be affected in the following ways: Product:

  • Product targeting clear customer segment, which is not conducive to expanding into new markets. Price:
  • High pricing is not conducive to gaining market share. Promotion:
  • Can undertake high-end marketing activities, such as collaborating with high-end suppliers, to further increase sales.
  1. "Responsible marketing and promotion" of its brands has impacts on its marketing activity:

Impacts:

  1. Responsible marketing, such as establishing a foundation, can help improve brand image.

  2. Cannot promote alcohol consumption in relation to social status, even though there is a connection between alcohol and social status, conflicting with each other.

  3. Discourages improper use of alcohol.

  4. Cannot advertise in certain areas.

  5. Potential ways that support Alba to achieve its values (refer to Appendix 1):

Ways:

  1. Implementing sustainable production processes.

  2. Maintaining ethical standards and responsible sourcing.

  3. Encouraging diversity and inclusion in the workplace.

  4. Various external stakeholders have influenced on Alba's strategy and operations:

Stakeholders:

  1. Customers.
  2. Suppliers.
  3. Investors.
  4. Government/regulatory bodies.

Impacts:

  1. Customers influence product demand and preferences.
  2. Suppliers influence the quality and availability of raw materials.
  3. Investors influence financial decisions and company direction.
  4. Government/regulatory bodies impact the legal and political environment in which the company operates
每一小段都总结成一段具体的答案1Focus in the premium spirits market on price 12-Advantages 1有助于高端管理的技术水平 2高端产品有助于建立显著的身份eg带来高利润 解释显著身份和高端市场之间的关系 3 有助于产生规模经济-Disadvantages容易受到政治或者法律影响 2+1形式并且每个需列举3个理由2 Albas export s

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