...Indian Institute of Management, Lucknow ITC Ltd: A Strategic Analysis Submitted to: Prof. Arun K Jain In partial fulfillment of the requirements of the course Strategic Management I Submitted by Saurav Goswami (ABM08012) Anuj Saraf (PGP27204) Kaushal Mathur (PGP27219) Sudhanshu Chawla (PGP27255) Section “D” Group 1 Letter of Transmission TO: Prof. Arun K. Jain, Strategy Group Indian Institute of Management, Lucknow FROM: Group 1, Section D Strategic Management Class DATE: March 23, 2012 SUBJECT: Strategic Analysis of ITC Ltd. Dear Sir, You had entrusted us with a project to analyze the strategy of any company of our choice using the frameworks given in the prescribed textbook. We chose ITC Ltd. for this project as it is one of India’s oldest and most diversified companies. This report begins with analyzing the strategic direction of the company which emanates from its vision & mission statements. It then looks at the decisions that the company has taken to achieve its vision by analyzing the environment it operates, the value chain and the core competencies that it has developed over the years and the key factors instrumental in its success. We end by commenting on its future prospects based on our analysis. We are grateful to you for providing us this opportunity to learn the strategic issues in contemporary businesses and giving us the necessary guidance in completing the project. We would also like to thank the entire...
Words: 24299 - Pages: 98
...International Inc. REFERENCE CODE: 2DC85131-EA8B-49A3-8340-D00D9F5733D7 PUBLICATION DATE: 10 Oct 2014 www.marketline.com COPYRIGHT MARKETLINE. THIS CONTENT IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED OR DISTRIBUTED. Philip Morris International Inc. TABLE OF CONTENTS TABLE OF CONTENTS Company Overview..............................................................................................3 Key Facts...............................................................................................................3 SWOT Analysis.....................................................................................................4 Philip Morris International Inc. © MarketLine Page 2 Philip Morris International Inc. Company Overview COMPANY OVERVIEW Philip Morris International Inc. (PMI or 'the company') is one of the world's leading tobacco companies. It is engaged in the manufacturing and sale of cigarettes and other tobacco products. The company markets its products in more than 180 countries. It is headquartered in New York City, New York and employed about 91,100 people as of December 31, 2013. The company recorded revenues of $80,029 million in the financial year ended December 2013 (FY2013), an increase of 3.4% over FY2012. The operating profit of the company was $13,515 million in FY2013, a decrease of 2.5% compared to FY2012. The net profit was $8,576 million in FY2013, a decrease of 2.5% compared to FY2012. KEY FACTS Head Office ...
Words: 3039 - Pages: 13
...Poster 5-11, Society for Research on Nicotine and Tobacco (SRNT) Dublin, April 30, 2009; updated 27 May Ruyan® E-cigarette Bench-top tests Murray Laugesen MBChB FNZCPHM Health New Zealand Ltd, Christchurch NZ. www.healthnz.co.nz laugesen@healthnz.co.nz Figure 1. Toxic emissions score, adjusted for nicotine. Toxic cigarettes v. E-cigarette 1,4 150 100 50 134 126 109 100 0 0 NZ Holiday Extra-mild Marlboro Red Regular NZ Holiday regular Canadian regular brands Ruyan V8 ecigarette Background Electronic cigarettes, without tobacco, flame or smoke, claim to be cigarette substitutes and to deliver nicotine safely, without smoke toxicants. Are these claims justified? Aim To assess the Ruyan® e-cigarette and its mist for safety, emissions, and nicotine dose. Figure 2. Nicotine per puff 120 micrograms 103 Nicotine per puff ISO Nicotine per puff Intense 60 48 8 9 10 0 Marlboro Red regular Ruyan Jazz Ruyan V8 Classic ecigarette Participating laboratories, methods, materials 1) Environmental Science and Research, Porirua NZ. Cartridge liquid: Monoamine oxidase inhibition (Kynur-amine substrate method); Nicotine (GCMS); Heavy metals (by ICP-MS) 2) Hill Laboratories, NZ. Mist: GCMS, Type II ATD, qualitative. 3) Hort Research, NZ. Liquid for 34 PAHs, by GCMS. 4) Labstat International ULC,Canada. Liquid: TSNAs, by LC-MS/MS. Mist: 14 PAHs and azarenes, Vinyl Chloride, acetamide, 7 volatile TSNAs. 5) Lincoln University, NZ. Liquid: HS-SPME & GCMS, qualitative...
Words: 1216 - Pages: 5
...INTRODUCTION Electronic cigarette (e-cigarette) use, or vaping, in the worldwide is increasing. Less than a decade ago, the e-cigarette was an obscure product marketed as a safe, tobacco-free alternative to conventional cigarettes by a single company in China. Seven years ago, the electronic nicotine delivery device entered the US market. Today, health officials, policy makers, and researchers are all scrambling to keep up with a rapidly expanding, wildly controversial, and largely unregulated $3 billion global industry that has, at last count, 466 brands, 7,764 flavors (bubblegum, cherry crush, bacon, java jolt, menthol), and slick, youth-oriented Big Tobacco marketing designed to create the perception that e-cigarettes are not only safe, but cool. Non-nicotine, but an abundant amount of toxic chemicals produced by the combustion of tobacco are the cause of well-known health problems. E-cigarette vapor contains no or only minimal quantities of potentially harmful substances. Hence it can be assumed that vaping in adults is much less harmful than smoking of cigarettes. Furthermore, no data exist that e-cigarettes will encourage youngsters to become cigarette smokers. E-cigarette vaping has the potential to reduce the daily number of cigarettes smoked or facilitates cessation of smoking in heavily nicotine-dependent smokers, who keep on smoking despite a structured smoking cessation program. Health professionals should be aware of this type of nicotine substitution, since the...
Words: 2569 - Pages: 11
...Version of Record - Aug 16, 2012 What is This? Downloaded from gsp.sagepub.com at Taylor's University on November 5, 2012 Article gsp Global Social Policy 12(2) 149–172 © The Author(s) 2012 Reprints and permission: sagepub.co.uk/journalsPermissions.nav DOI: 10.1177/1468018112443686 gsp.sagepub.com ‘Trade policy, not morals or health policy’:The US Trade Representative, tobacco companies and market liberalization in Thailand Ross MacKenzie Jeff Collin Macquarie University, Australia University of Edinburgh, UK Abstract The enforced opening of Thailand’s cigarette market to imports in 1990 has become a cause celebre in debates about the social and health impacts of trade agreements. At the instigation of leading US-based cigarette manufacturers, the US Trade Representative (USTR) threatened trade sanctions against Thailand to compel the government to liberalize its domestic cigarette market. Thailand’s challenge to the USTR led to referral to General Agreement on Tariffs and Trade (GATT) arbitration. While GATT ruled in favour of the USTR on market access, it also found that...
Words: 12166 - Pages: 49
...UNIVERSITY OF THE PHILIPPINES Bachelor of Arts in Communication Research Joyce M. Aguillon Precious B. Romano SmokeCheck: A Study on the Effects of NCR Male High School Students’ Exposure to and Recall of Anti-Smoking Advertisements to Their Perceptions of and Attitudes toward Smoking Thesis Adviser: Professor Randy Jay C. Solis College of Mass Communication University of the Philippines Diliman Date of Submission April 2012 Permission is given for the following people to have access to this thesis: Available to the general public Available only after consultation with author/thesis adviser Available only to those bound by confidentiality agreement Student’s signature: Student’s signature: Signature of thesis adviser: Yes No No UNIVERSITY PERMISSION I hereby grant the University of the Philippines non-exclusive worldwide, royalty-free license to reproduce, publish and publicly distribute copies of this thesis or dissertation in whatever form subject to the provisions of applicable laws, the provisions of the UP IPR policy and any contractual obligations, as well as more specific permission marking on the Title Page. Specifically I grant the following rights to the University: a) to upload a copy of the work in these database of the college/school/institute/department and in any other databases available on the public internet; b) to publish the work in the college/school/institute/department journal, both in print and ...
Words: 35659 - Pages: 143
...Investment strategy The information provided below have been mainly extracted from the Annual Reports of the five-year period subject to analysis. INTRODUCTION BOOK In the last five years, the tobacco industry has remained fairly stable, with little M&A activity undertaken by the leading industry players. British American Tobacco aims to increase its market share and to become the biggest publicly-listed tobacco company. In pursuing this intention (objective, goal), the company has completed a number of strategic investments and partnerships focused on its future growth. The analysis is conducted on a year-by-year basis, highlighting the most important M&A activities undertaken by the company. 2011 has been an important year for the company: it has completed the acquisition of Productora Tabacalera de Colombia, S.A.S. (Protabaco) in a deal worth £295mil.The main aim of this acquisition was to increase the volumes and profits in the American region. The volumes in that region were down more than 1bn to 142bn due to a contraction of sales in Brazil (mainly due to the high rate of illicit trade of tobacco products) but an increase in sales in Colombia partially offset it and the company’s revenues increased from £3,558mil to £3,742mil (at constant rates of exchange). In addition, this acquisition led to a growth for the Global Drive Brands and Mustang, one of the most popular brand acquired in the acquisition. In the meanwhile, the company established a stand-alone...
Words: 1360 - Pages: 6
...homepage: www.elsevier.com/locate/drugpo Research paper Nicotine control: E-cigarettes, smoking and addiction Kirsten Bell a,∗ , Helen Keane b a b Department of Anthropology, 6303 NW Marine Drive, University of British Columbia, Vancouver, BC V6T 1Z3, Canada School of Sociology, Building 22, Hayden Allen Building, Australian National University, Canberra, ACT 0200, Australia a r t i c l e i n f o a b s t r a c t Background: Over the past year or so, electronic cigarettes, more commonly known as ‘e-cigarettes’, have achieved widespread visibility and growing popularity. These products, which deliver nicotine via an inhaled mist, have caused no small amount of controversy in public health circles, and their rise has been accompanied by energetic debate about their potential harms and benefits. Methods: Interspersed with an analysis of current media coverage on e-cigarettes and the response of mainstream tobacco control and public health to these devices, this article examines the emergence of nicotine as both as an ‘addiction’ and a treatment for addiction. Results: We argue that by delivering nicotine in way that resembles the visual spectacle and bodily pleasures of smoking, but without the harms of combustible tobacco, e-cigarettes highlight the complex status of nicotine as both a poison and remedy in contemporary public health and tobacco control. Conclusion: In consequence, e-cigarettes jeopardize the carefully drawn distinctions between ‘good’ and ‘bad’ forms...
Words: 6966 - Pages: 28
...About ITC * The Company was founded in year 1790 by Henry Overton Wills. It’s current headquarter is in Kolkata. * It is the largest producer of Cigarettes in India with maximum brands of all range. * In the list of world most reputable companies ITC position at 95. * ITC is one of India's foremost private sector companies with a market capitalisation of nearly US $ 9 billion and a turnover of US $ 3 billion. * Rated among the World's Leading Companies by Forbes magazine, ITC ranks third in pre-tax profit among India's private sector corporations.Only Indian FMCG company on Forbes Global 2000 ranking. * ITC has a diversified presence in Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business, Branded Apparel, Packaged Foods & Confectionery, Greeting Cards and other FMCG products * ITC's diversified status originates from its corporate strategy aimed at creating multiple drivers of growth anchored on its time-tested core competencies: unmatched distribution reach, superior brand-building capabilities, effective supply chain management and acknowledged service skills in hoteliering. * ITC's FMCG businesses have one of the largest retail networks in the country, consisting of over 2 million retailers. ITC employs over 31,000 people at more than 60 locations across India * ITC has powerful brands like Wills, John Players, Hotel Grand Maratha, Sunfeast. * ITC have a very successful CRS activity called ‘e-choupal’ ...
Words: 907 - Pages: 4
...PAF 3102 Economic analysis Student name: Student ID: Module name: Module code: Module tutor: Due date: Question one Part A Increasing taxes on cigarettes will lead to reduction of smoking among young men, low income earners, and pregnant women. This will lead to a reduction of house hold expenditures such as smoking healthcare costs. However, it is not a guarantee that the numbers of smokers will be reduced by 50%, this means that the city should not expect $90million revenue on tax. Part B NO, a permanent increase of $ 0.40 on a packet of cigarettes will not have any effect on smokers. This is because the economy is growing and with economic growth there is growth on salaries and wages. This means more population will be able to afford the cigarettes and this will lead to increase in demand. As prices decrease the demand increase, in 5years more people will be able to afford the product since the price will not be equivalent to the standard economic growth. Part C This is true, most of the students depend on their families and guardians. This means that if the price of the cigarettes is increased this will loser the demand of the commodity since most of the students will not afford the same commodity for a long period of time. On the other hand if the price lowers then it will increase the demand of the same commodity since it will be affordable. Question two Part A Subsidy products they affect the market by reducing prices in the market. Before introduction...
Words: 819 - Pages: 4
...water” which currently other countries face. (min1500words) 1.0 Introduction The use of cigarette for cigarette has been practiced for centuries. The cigarette plant has been grown in America since the 17th century and cigarette has been used in various forms since. The form of cigarette cigarette by rolling the leaves in fine paper was frequently done by hand for those who practiced it, which limited the habit of cigarette. In 1865, a man named Washington Duke from North Carolina began to roll cigarettes and sell them to others for profit. In 1883, James Bonsack invented a machine that could roll cigarettes and produce thousands per day. Bonsack began a business called the American Cigarette Company, which was the first company to produce cigarettes on a large scale. The mechanized production of cigarettes widely increased the popularity of cigarette, and made cigarettes much more accessible to those who wanted to smoke. Premade cigarettes were available for those who did not wish to roll their own cigarette and cigarettes became available in quantities by the pack. In the late 19th century cigarettes were being sold in packs and marketed throughout the United States. Cigarettes were packaged into containers of ten that were marked with the name of the company that manufactured them and various logos or designs. The packs of ten cigarettes sold for five cents each. Cigarette packages were made of paper with a small card inserted to reinforce the package. These cards...
Words: 5090 - Pages: 21
...Differential Effects of Cigarette Price on Youth Smoking Intensity 1Department of Economics, University of Illinois at Chicago 2Health Research and Policy Centers, University of Illinois at Chicago 3Health Economics Program, National Bureau of Economic Research ACKNOWLEDGEMENTS Support for this research was provided by grants from The Robert Wood Johnson Foundation (ImpacTeen – A Policy Research Partnership to Reduce Youth Substance Use) and the Centers for Disease Control and Prevention (Price, Availability and Youth Tobacco Use) to the University of Illinois at Chicago. We thank Lloyd D. Johnston and Patrick J. O’Malley of the University of Michigan’s Institute for Social Research for providing us with selected data from the 1992, 1993 and 1994 Monitoring the Future Surveys. The Monitoring the Future Project is supported by a grant from the National Institute on Drug Abuse Abstract Objectives: Data from the 1992, 1993, and 1994 Monitoring the Future Surveys were used to investigate the differential effects of cigarette price on the intensity of youth cigarette smoking. Methods: Respondents are classified into nonsmokers; individuals who smoked less than one cigarette per day; individuals who smoked one to five cigarettes per day; individuals who smoked one-half pack a day; and individuals who smoked one pack or more a day. A Threshold of Change Model was estimated with information on cigarette prices as the main explanatory variables. Results: Dummy variables...
Words: 3595 - Pages: 15
...Management No 1/1 Authors: Student ID Number: 1st Academic Semester 2013 Place, Date Dortmund, 28th February 2014 Corporate Evaluation of Philip Morris International I Executive Summary The task of this assignment was to evaluate a company (if possible, listed) by two different evaluation methods: DCF method and multiplier method. The DCF analysis is divided into two separate evaluations: DCF entity method (WACC) and DCF equity method. In addition to calculating a corresponding theoretical foundation as well as a critical analysis of assessment methods / results was expected. Philip Morris International, as one of the biggest cigarette sellers of the world, is evaluated in this assignment to date of 31st December 2012. During evaluation by multiplier method the multipliers “price-earnings-ratio” and “market capitalization / EBITDA” were chosen and as peer companies British American Tobacco p.l.c., Imperial Tobacco Group p.l.c. and Japan Tobacco Inc. were used. The result of Philip Morris International evaluation by multiplier method is a value between $111 billion and $160 billion. The theoretical analysis of the different evaluation methodologies indicated that an evaluation by multiplier method can only give a rough guidance of the real corporate value. The evaluation by DCF method result a company value of Philip Morris International between $120 billion (Equity approach) and $152 billion (Entity approach). In this assignment it is clear that each of the evaluation...
Words: 10115 - Pages: 41
...Health risks of smoking tobacco Name Institution Health risks of smoking tobacco With the continued increase if information from all available sources, the practice of research has become increasingly specialized. In this regard, the amount of published literature has increased spectacularly. This literature usually differs in its design work, methodology superiority, and the amount of population involved in studies, interventions, tests and differing conditions. Since even the most cited sources are open to refute or challenges, there is a need to create a summary that reduces uncertainty. Most review sources and articles take on a form of narrative, whereby the content professionals write regarding a specified field. Reviews have a lot of benefits including a wide range of summary of relevant data tempered by years of handy knowledge. In many circumstances, readers and researchers opt for information about specific information on topics and require a high standard of assertion that available information is comprehensive and objective. At such a point, a reader turns to a quantitative synopsis of literature. A systematic review (Sterne, Egger, 2001 p. 89) takes account of processes that make out all studies specified for a particular question, which may be collected from research and other...
Words: 2858 - Pages: 12
...A STUDY ON MARKETING STRATEGY IN THE CONTEXT OF ABUL KHAIR TOBACCO COMPANY LTD. Submitted to Mohammad Nazmul Huq Assistant Professor Department of Business Administration (Marketing) Submitted by Md. Anowar Hossain ID: B.B.A - 027 07143 Department of Business Administration Stamford University Bangladesh This is to certify that Anowar Hossain, ID NO. -BBA-02707143, student of Stamford University Bangladesh of BBA Program has completed the Internship report titled “MARKETING STRATEGY IN THE CONTEXT OF ABUL KHAIR TOBACCO COMPANY LTD.” I wish him every success in life. ________________________ Mohammad Nazmul Huq Assistant professor Department of Business Administration Stamford University Bangladesh LETTER OF TRANSMISSION 28th January, 2010 Md. Nazmul Huq Assistant Professor Department of Business Administration Stamford University Bangladesh Sub: Submission of BBA Internship Report. Sir With due respect and honor, I have much pleasure to present the report of the internship program on “A STUDY ON MARKETING STRATEGY IN THE CONTEXT OF ABUL KHAIR TOBACCO COMPANY LTD”. The report deals with working environment of a field level distributor and selling strategy. I am submitting this report as a part of my internship program in Abul Khiar Tobacco Company Ltd. This report is going to provide...
Words: 18479 - Pages: 74
