Thursday, January 9, 2020

Essay on Tobacco Industry Analysis - 2161 Words

The tobacco industry involves companies that sell and produce tobacco products all around the world. Tobacco products include cigarette, cigar, pipe, and chewing tobacco. Tobacco smoking is â€Å"the single largest cause of preventable death and disease in our community.† (Tobacco. 2006) With a society becoming more prosperous, education is improving and a concern for quality of life is resulting in a strong anti-smoking sentiment on all levels of society. Therefore the present and future marketing activities of the tobacco industry are heavily impacted by forces within its micro and macro environments. In analysing the changing marketing environment for the Tobacco industry, we look at the micro and macro-environments impacting on this†¦show more content†¦Tobacco companies are then able to pass these saving on to consumers, allowing them to be more competitive with other brands and also combat the severe effects of government tax increases. Political The political leverage of the tobacco industry must not be underestimated. Tobacco lobbying works to ensure that action taken by the governments will have minimal effect on the levels of tobacco consumption. Health professionals, concerned with bringing about changes to ensure the health of the general public, must unite in order to compete with the considerable power of the tobacco lobby. However, the tobacco industry is currently losing more and more debates, and the government is passing more and more legislation which will have negative effects on tobacco consumption. Due to the serious health issues surrounding smoking, the government imposes laws and tax increases to act as deterrents to tobacco smoking. These pose a serious threat to present and future marketing activities of the industry. Governments worldwide have approved bans on any advertisement that has the affect of promoting a tobacco product, including electronic and print media advertising. This affects companies marketing within the tobacco industry, on two levels. Anti-smoking organisations claim that advertising for smoking encourages people to start consuming tobacco products. Therefore, bans on advertising affect th e industry’s marketing activities by reducing theirShow MoreRelatedBanning Of The Law Of India1326 Words   |  6 PagesBANNING TOBACCO IN INDIA A case study in ethics management SUMMARY In order to better understand the complexities and difficulties of ethical decisions in the context of organisational management, we will examine one such decision made by the Government of India in 2001. The decision was whether to approve a bill that would place a ban on all tobacco advertising, including the sponsorship of sports and cultural events (Ban on tobacco ads by the government of India, 2001). After looking at the argumentsRead More Kant’s Practical Imperative in the Film The Insider Essay719 Words   |  3 Pagesprinciple the â€Å"end justifies the means†.Analysis of Wigand if he had to disclose the information results in benefits for the good of the public, second it would satisfies Wigand’s desire to hurt brown Williamson. But in return the consequences or cost of his actions results in Wigand and his family lose all benefits from the confidentiality agreement, second he will face a law suit, third the paranoia of receiving death threats, fourt h it damages the tobacco industry and causes its employees to lose theirRead MoreClimate Change And Carbon Reduction1744 Words   |  7 Pagesclimate. Its relevance to British American tobacco We all know that tobacco is very dangerous for climate. So there is no question about it relevance with climate change. All stages of tobacco production have the possible to add to climate change, from farming to curing the leaf and the manufacturing process. In a report for the WHO examining alternatives to tobacco growing it was noted that while the global share of agricultural land used for tobacco rising is less than 1%, its impact on globalRead MoreThe Ethical Values Of A Manager1153 Words   |  5 Pageseven nation are ignored when they place financial profits at risk.   Many nations have had to face these moral conflicts when dealing with substances, such as alcohol, drugs, and tobacco.   India is no different and like many developing and developed states, they were faced with the dilemma of the health risks related to tobacco use.   One of the ways to combat a product’s popularity is to limit the exposure of peoples to it by blocking their ability to advertise.à ‚   As with most ideas there are proponentsRead MoreEssay on Rj Reynolds Case1011 Words   |  5 PagesIncorporated (RAI) was founded as and by RJ Reynolds in1875. o US Corporation headquartered in Winston-Salem, North Carolina. o It manufactures tobacco related products such as cigarettes, additive free tobacco, smokeless tobacco, and cigars that contain nicotine replacement therapy products. o In the 60’s they began diversifying into food and other non-tobacco business and became well known for RJR Nabisco. o In 1987, Kohlberg, Kravis Roberts Co. (KKK) won control of the company and they turned itRead MoreProduct Warning Labels and Protection Against Liability Lawsuits1478 Words   |  6 Pagesinjury resulting from what is claimed to be negligence, failure to warn or a product defect. According to public opinion, some of these lawsuits are frivolous and are causing the decline of our civil justice system. An examination of cases against tobacco companies will provide us with some conflicting information regarding product warning labels. Do they provide manufacturers with adequate protection against this type of lawsuit? By law, product manufacturers are responsible to give a reasonableRead MoreElectronic Media7567 Words   |  31 Pagessector can be regarded as one of the most influential industries. Unlike some other industries, the Eamp;M sector enjoys direct interaction with people and hence, it has great power to influence people’s mind. Often the industry remains the driving force in building public opinion and determining its trends. Like the other countries of the world, the media industry also plays a very crucial role in India. The media and entertainment industry has come a long way to grow into a modern sector in theRead MoreAnalitical Analysis on British American Tobacco3080 Words   |  13 Pages__________________________________________ 15 Industry Analysis Major Competitors __________________________________________________________ 17 SWOT Analysis ____________________________________________________________ 19 Conclusion ________________________________________________________________ 21 References _________________________________________________________________21 Executive Summary Bangladesh is Asia Pacific’s most promising opportunities for Tobacco cultivation due to vast cultivableRead MoreItc Ltd. a Full Case Study10991 Words   |  44 Pagesin  Kolkata,  India.[1]Its  turnover  is $6 billion and a  market capitalization  of over $30 Billion. The company has its registered office in Kolkata. It started off as the Imperial Tobacco Company, and shares ancestry with  Imperial Tobacco  of the United Kingdom, but it is now fully independent, and was rechristened to Indian Tobacco Company in 1970 and then to I.T.C. Limited in 1974 The company is currently headed by  Yogesh Chander Deveshwar. It employs over 26,000 people at more than 60 locations acrossRead MoreEssay about Business Analysis of Reynolds American Inc905 Words   |  4 Pagesinvesting in any business it’s important to conduct a business analysis. This analysis would cover in detail the strengths; weaknesses, opportunities, and threats (SWOT) of a business. This analysis will assist a fund manager with the decision of whether to invest or not. Reynolds is a very dominant company in the tobacco industry. The have various subsidiaries that keeps them on pace with their competitors. Business Analysis of Reynolds American, Inc. Introduction Before investing

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.