Chilean Wine Industry

Extract

[...] On the other hand, Chile's political, economic and institutional stability is enough incentive for investment as this influences factors increasing disposable income for the nationals (Mori & Fodor, 2012). Nevertheless, wise investment is required given the concentrated market, volatility in consumers' credit and rural population that limits opportunities to expand beyond the cities. This has forced companies to expand regionally to other countries in the Latin America. Chile runs an open economy where market forces determine the product prices. As a result, most companies experience a sophisticated demand and face free competition in their products. [...]

[...] Secondly, a limited liability company is formed by a minimum of two parties contrinuting the capital to undertake a common purpose. Lastly, investors may establish branches of foreign corporation whose operations are subject to comply with the provision of Chilean law, such as publishing annual income statements (PWC, 2008). BIBLIOGRAPHY Chile., & ProChile (Government agency). (1983). [Directory of Chilean wine producers]. Santiago de Chile?: ProChile. Morel-Astorga, P., & Ekonomisk-Historiska Institutionen. (2002). Patterns of entrepreneurship: Development of Chilean wine industry 1850 - 2000. [...]

[...] Chilean Wine Industry Chilean Wine Industry Introduction In today's globalized economy, international competitiveness in the international market is a growing concern for all stakeholders including government and firms. While the corporate leaders embrace dynamism to cope with the changing business climate, strategies of the firms are subject to the international competitiveness of the country. Primarily, the government concern involves learning to improve and compete in the tougher global market by fostering their national competitive advantages. For that reason, the difference in the national competitive advantage between countries explains why certain industries and firms outperform others from regions considered less competitive. [...]

[...] A Chilean wine cluster?: Governance and upgrading in the phase of internationalization. Santiago, Chile: Naciones Unidas, CEPAL. In Black, R., & In Ulin, R. C. (2013). Wine and culture: Vineyard to glass. [...]

[...] CONCLUSION Following the liberalization of the economy, several restrictions hindering foreign investment were abandoned leaving inefficient local firms with no shield of protection. The country maintains user-friendly tax policies including carry-back and forward terms, Decree Law 600 guaranteeing non-discrimination, flat customs duty and extensive tax treaty networks in the region (Mori & Fodor, 2012). Investors have various structures in which they can establish their presence. Firstly, the stock corporation involves a partially owned entity established from common funding from a minimum of two shareholders who accumulate capital contributions but whose activities are managed by the board of revocable directors. [...]