During a pandemic like today, what should do a wine company or
industry in order to...
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General Management
During a pandemic like today, what should do a wine company orindustry in order to survive the crisis ? ( choose 3 from the sixbasic strategies generic ) and why ? defending in 1 paragraph foreach strategy the reason for your choice.
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The 6 startegic generic are as follows Broad Cost Leader Broad Differentiator Niche Cost Leader Niche Differentiator Cost Leader with Product Lifecycle Focus Differentiator with Product Lifecycle Focus In the pandemic situation like today the wine marketindustry is likely to exhibit the following Immediate buying stocking by the end user of good qualitybrand wines Regular users will consume more wine Stock out at retail points due to point 1 as well as nolimited distribution during lockdown Logisctics and Supply chain goes for a toss Raw material prices likely to increase
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