Question

Explain in a minimum of 5 sentences the importance ALLIANCE GLOBAL GROUP INC. appears to place on international business? Be specific giving financial evidence when possible (for example, what are annual sales and what % are foreign or list the countries they do business with). Cite sources, please include all websites used

Answer 1

Alliance Global Group Inc. places considerable and significant importance on its international business. The group has business interests in real estate, food and beverages, quick service restaurant, and tourism and gaming. In each of these segments the group is eyeing higher revenue from its international exposure.

As a proof and evidence the group is constantly expanding the reach of its Emperador brandy. In fact Emperador brandy is counted as one of the world’s top ten selling brandies by volume. The group also owns Spain’s famous brandy brand by the name of Fundador Pedro Domecq.

The export market for Emperador brandy consists of UAE, West and East Africa, Qatar, Italy, Eastern Europe, Cambodia, Macau, Hong Kong and North America. The coompany’s liquor business is present in 101 countries and 6 continents.

Sources: http://www.allianceglobalinc.com/portals/0/pdfs/AGI2016-ARFINAL.pdf

(the company’s 2016 annual report).