...13th, 2011 Exotic Smokes Cigarette Consumer Behavior Exotic Smokes Cigarette Company (ESCC) has employed TRIAAD Research Group to analyze and outline consumer behavior, needs, and desire for fruit and candy flavored cigarettes. ESCC will target 18-25 year old customers implementing a $25 million dollar advertising campaign. Competition and Tobacco Information Tobacco is a global industry native to America and can be grown on any warm and moist continent. Presently there are six main manufacturers of cigarettes in the United States consisting of; RJR Nabisco, Inc, B.A.T. Industries, Loews Corporation, Liggett Group, and Phillip Morris. China, India, and Brazil were the three top sellers of tobacco in 2000 with the United States being fourth. Joanna Johnson (2010) states the British American Tobacco (BAT) reports the market share leaders as Phillip Morris International (PMI) - 16%, British American Tobacco (BAT) - 13%, Japan Tobacco International (JTI) - 11%, and Imperial Tobacco - 6%. Top Five International Brands • Marlboro • Winston • Mild Seven • LM • Kent Top US Tobacco Companies • Altria • Lorillard • Reynolds American Consumer Perception A quote posted by "I’ll tell you why I like the cigarette business. It cost a penny to make. Sell it for a dollar. It’s addictive. And there’s a fantastic brand loyalty.” - Warren Buffet. In September of 2009 the United States...
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...background UST Inc. is a smokeless tobacco company which enjoyed a long tradition and a recognizable brand name. It is the leading producer of moist smokeless tobacco products and widely known for its conservative debt policy and uninterrupted cash dividend payout since 1912. The company is the major player in U.S. smokeless tobacco market. For example, it holds the maximum market share (77%) as a whole, and dominates especially in the growing segment of moist smokeless tobacco. Additionally, it has widely recognized brand and competitive positon in the market by constant innovation and new product innovation. Finally, UST has historically been one of the most profitable companies not only in the smokeless tobacco market but also in the corporate America. Although the above advantages, UST now faces with continuous threat from price-value competitors, a softening smokeless tobacco market, investors’ concern about over-investment on non-core operations and negative effect of public and political sentiment towards the tobacco industry. 2- ) Evaluate UST’s attributes/Risks from view point of bondholder The following factors weave into the risks and attributes of the company from the creditors’ point of view (“” and “” represents advantage and disadvantage, respectively): Widely recognizable brand Name UST has widely recognized brand. We can see from the Table B of the case, the 1998 market share of the top moist smokeless tobacco brands, only one brand is not from...
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...on Innovative Products and Treatments for Tobacco Dependence; Public Hearing; Request for Comments 1. Food and Drug Administration. This agency and proposed regulation interests me because since it is something that has become popular in the recent years and that it affects many people in the united states and in the world today. Yes, many people in the gaming industry smoke on a regular basics. It will not affect the business directly; just the workers in the industry. 2. The proposal is a consideration of applicable approval mechanisms and additional indications for nicotine replacement therapies (NRTs), and input on a report to Congress examining the regulation and development of innovative products and treatments for tobacco dependence. In more basic terms it is trying to get tobacco dependent treatments or mechanisms, such as electronic cigarettes, a chance to be officially approved by the FDA. 3. Six months after most people purchased e-cigarettes, 31% of these smokers said they'd quit cigarettes and two-thirds of them said they'd cut back on the number of cigarettes they smoked. A third of those who'd quit smoking also quit using e-cigarettes. But E-cigarettes have not been tested for efficacy and safety. Additionally, they are produced overseas with little oversight to ensure good manufacturing practices. To regulate this product identified chemicals and quantities that is used in this product, release pros and cons for this product, and put a warning label...
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...The legalization of marijuana has been one of the most highly debated topics of today’s society. It has the potential to be both beneficial and harmful to mankind as a whole; however, the pros of legalization far outweigh the cons. The most common argument against marijuana is that if it were to be legalized that it could have adverse health effects, especially when used in large doses; but any substance can be harmful if not taken in moderation. Why are substances such as tobacco and alcohol legal, when they all carry equal risks and benefits? Why is marijuana unfairly controlled and restricted without consideration to the facts? Cigarettes are legal yet one in ten smokers will have lung or heart related complications that have been directly linked to the tar in cigarettes by many studies, including the 2014 Surgeon Generals Report. The study details the correlation between lung and heart complications and smoking cigarettes. The possible applications for marijuana In medicine are astounding; even in the early stages of medical marijuana research, leaps and bounds are being made in pain relief and management for the sick, elderly and terminally ill. It is truly helping millions of people around the world manage a whole range of ailments. To ignore the facts about marijuana is a step back for society as a whole. Almost 25,000 different commercial and industrial products can be made from hemp/marijuana, including: milk, clothes, paper and medicine. Why is this valuable...
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...The Pro and Cons of Legalizing Marijuana Genaro Esparza SOC 120 Jenna Soard May 1, 2011 The Pros and Cons of Legalizing Marijuana In 2010 an estimated 443,000 people died prematurely from smoking tobacco or exposure to secondhand smoke, and another 8.6 million live with a serious illness caused by smoking. Despite these risks, approximately 46.6 million U.S. adults smoke cigarettes. Alcohol use last year led to 14,406 alcoholic liver disease deaths and 23,199 other alcohol related deaths excluding accidents and homicides. (Alcohol Use, 2009) Despite these alarming statistics, these substances remain legal and socially acceptable while marijuana, which has never killed anyone anywhere, is illegal, remains classified as a stage one controlled substance, which likens it to killer drugs such as LSD, and heroin, both so lethal you could die with a single use. Why is it socially acceptable to use substances, which kill thousands a year while a plant that is practically a miracle drug remains portrayed as one of the most dangerous substances, known to man? In this paper, we will look at the pros and cons of legalizing marijuana the financial impact as well as the effects it would have on industry. We will also look at social impact caused by legalizing marijuana can it be socially acceptable. Alcohol and tobacco continually kill people by the thousands and yet remain legal, why then is marijuana, a drug that has never killed a single person still illegal. The...
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...City 4. Small pox, tobacco and the potato are all examples of the Columbian Exchange. True or False True 5. ____c. El Nino____________ are periodic climate-altering changes, especially in the Pacific Ocean, now understood to operate on a global scale. ? a. hurricanes b. El Pinto c. El Nino 6-7. (2 points) Define the term structural adjustment policies (SAPs) _________________________________________________________________________ SAPs are policies that the World Bank and International Monetary Fund required from governments to receive loans. The policies were started to help countries become economically self-sufficient. This was to help ensure that that the loans would get repaid. SAPs encouraged governments to reduce spending on government programs, minimize the number of civil servants and by lowering taxes on already established private industries. _________________________________________________________________________ 8. The Incan Empire was principally in northern Mexico. True or False False 9-10. (2 points) Describe the pros and cons of NAFTA. NAFTA is a free trade agreement made between the United States, Canada and Mexico. This agreement would remove most barriers to free trade and investment by eliminating tariffs, establish clear trade rules, to improve working conditions and to develop and expand world trade. The pros are trade increases, consumer prices are lower and relations to these countries are stronger. The cons are displaced workers...
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...global take of more than $400 billion, it’s one of the world’s largest industries (Listverse, 2011). Cigarette smoking in public places is a widely controversial topic. Many people are unaware of the actual history of smoking bans. People are also unaware who is affected by smoking regulation in public places, the effects on society, why it is important to solve the problem of cigarette smoking in public places in concern to regulation, and possible solutions that are out in the world to help solve this problem. The first known smoking ban occurred in 1590 and was given by Pope Urban VII during his short reign as pope. Anyone who was caught smoking or chewing tobacco near a church was excommunicated. It was not until the twentieth century that the health problems associated with tobacco use came to light in the public eye. This is the time when businesses provided smokers with their own separate locations, so they could smoke without exposing the rest of the customers to the dangers and annoyance of smoke (Reasons, pros, and cons, 2008). In the 1990s, California became the first state to issue a smoking ban, and this was in restaurants. Since that time, many cities have taken up the drive to ban cigarette smoking in public locations, particularly restaurants. In fact, recent estimates show that as many as thirty-four states have cities that have some sort of ban smoking laws (Reasons, pros, and cons, 2008). Over the past hundreds of years, smoking regulation has become...
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...taxes on imports and exports as well as lift patent protections on US goods. However, these punitive measures could have had serious negative impacts on all industries in the United States. Therefore rather than remove the subsidies the United States provides its farmers, they decided to offer subsidies to Brazilian farmers...
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...be legalized? In 1545, the Spanish brought marijuana to the New World. The English Introduced it in Jamestown in 1611, where it became a major commercial crop alongside tobacco and was grown as a source of fiber. It was in the 1920'sthat marijuana began to become more popular. Some historians say its emergence was brought about by Prohibition. http://www.narconon.org/drug-information/marijuana-history.html Cannabis sativa commonly known as marijuana is a plant species that is mainly known for its psychotic effects when consumed. It is consumed either through smoking, ingesting, or vaporizing. Marijuana has been used for centuries but has recently been mainstreamed in culture today. It has nicknames such as weed dope, grass, ganja, Mary Jane and chronic. Now, more than ever, propositions to legalize the plant have risen and been the subject to controversy and heated debates. Morals and politics are what make up the structure of this country, so when an issue receives responses coming from different points of views, the issue becomes controversial, and the topic of marijuana is definitely a controversial subject. The legalization of marijuana is a controversial subject; however, there are many positive arguments to support the idea as well. The following passages will discuss some pros and cons to this subject and will provide some insight on just what this drug is. Just saying the word Marijuana conjures up visions of...
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...Abstract I decided that a very controversial subject was that of the legalization of Marijuana, both for medical and recreational use. I found that there are many health benefits to medical marijuana. There also can be many benefits to the recreational use/sale of marijuana. Like all controversial topics there cannot be positives without the negatives. Some of the negatives are accessibility to children, gateway drug and impaired driving. The legalization of marijuana has been a long debated and often heated subject. The federal government has not legalized the recreational use of Marijuana, but that did not stop four states from legalizing it with in their own borders. Through the course of this paper I tend to discuss the many pros and cons of the legalization of Marijuana. There are two main ways of legalizing marijuana; medical use and recreational use. Positives Currently there are four states and Washington D.C. that have passed the legal right to recreational marijuana, Alaska, Colorado, Oregon, and Washington. Besides the medical benefits from marijuana there are also multiple reason why making it legal is a good thing. Colorado has seen a recent drop in crime rate. According to Rough (2015) “violent crime in the state has decreased by 2.2%, burglaries are down 9.5%, and overall property crimes decreased by 8.9%.” These numbers are a great starting point, these are numbers only after a year of the bill passing, and the next few years could show an even bigger...
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...Sergeant James Bishop, of Tennessee Police Department, was terminated for smoking after 17 years on the police force (“Police Officer Fired”). Some may question why Sgt. Bishop was not written up prior to being fired, but the answer is simple; policies have prohibited smoking in municipal offices or buildings. The purpose of our presentation is to shed light on the pros and cons of the smoking policies at the Dallas-based Health Care System. We will focus on the employer’s and employee’s perspective of: Increasing insurance costs vs. disease/addiction, clean work environment vs. anti-smoke bans, and lastly wellness/pro-health vs. discrimination against smokers as a class of people. Baylor officials claim smoking is one of the reasons health insurance premiums are constantly rising for Americans. Over the past few years, various employees have been adapting to the smoking policies, which has become a more prevalent issue. The challenge for employers, however, resides in staying within legal and ethical boundaries when addressing such issues. Presently, a growing number of employers are requiring employees who use tobacco to pay higher premiums, hoping that will motivate more of them to stop smoking. Existing employees of Baylor who smoke are paying a surcharge of $50 a year. In January 2012 a new plan took effect, increasing the fee to $650 per year, and will apply to any family members who smoke that are covered by the employee’s insurance (Jacobson). The increase...
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...CASE EXAMINATION CELEBRATIONS AND MEMORIES LTD. (CML) MAY 2008 Copyright © 2008 The Society of Management Accountants of Canada All rights reserved. No part of this manual may be reproduced in any form without the permission of the copyright holder. TABLE OF CONTENTS MAY 2008 Case Examination Page Case Question: Backgrounder .................................................................................. 1 Additional Information .................................................................... 16 General Comments on Performance ...................................................... 24 Steps for Approaching Business Strategy............................................... 32 Assessment and Solution Notes for Markers .......................................... 35 Marker Assessment Guide ...................................................................... 66 Sample Response – Successful Attempt #1 ........................................... 78 Marker’s Comments – Successful Attempt #1 ........................................ 98 Sample Response – Successful Attempt #2 ......................................... 103 Marker’s Comments – Successful Attempt #2 ...................................... 124 Sample Response – Unsuccessful Attempt .......................................... 129 Marker’s Comments – Unsuccessful Attempt ....................................... 144 Supplement of Formulae * .................................................................... 149 *This...
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...percent of soybean are genetically modified. Fulton states that “some 70-90 percent of processed food is genetically modified and has been that way for years” (“Politics Heating Up Over…”). The first GM plant was produced in 1983, an antibiotic resistant tobacco. In 1990 the first GM cotton was produced, from then on scientists and farms have tied to make everything genetically modified. It is important for people to understand what they are eating and how it was made. In the Agricultural Industry, GM foods are one of the biggest debates. There are so many reasons as to why GM foods are very controversial. Not only do they bring upon us many pro’s and con’s and are a well talked about topic in politics. The biggest issue is not whether or not we should genetically modified foods but rather if we should label it. In the United States, it is not a law that one must state if their food product is genetically modified or not. It should be labeled for many reasons but lots of people find ways not to label GM foods. In today’s paper the matter of whether GM foods should be labeled or not will be discussed as well as, mandatory and voluntary labeling, the government’s policies and many more information. There are many pros and cons for GM foods, which is why there is a debate whether people should have the choice to eat...
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...Brandon Tennison Composition II Suzanne Lindholm PROS AND CONS OF MARIJUANA LEGALIZATION Legalization of marijuana is one of the biggest topics today. Is the legalization of marijuana a good thing both morally and financially? Are we even moving in the right direction by moving down the road to legalization? There are many good and bad reasons on both sides why marijuana should and should not be made legal. There are also the moral obligations to be considered in smoking marijuana. Let’s not forget about the possible economic effects the legalization of marijuana could have. In the end it will be up to every one of us to decide if legalization is worth the effort in changing the status quo. There are always reasons why people don’t want the status quo to change. The D.E.A. and other government agencies are no different in their desire to keep Hemp and marijuana illegal. Hemp, a plant with a number of possible uses, could replace most oil products at a much cheaper price. It can be used in making rubber, a durable rubber, like what is used to make car and truck tires out of. Hemp can also be used to make fabrics, like those that are used in clothing. Keeping Hemp and marijuana illegal is more profitable to various local, federal government agencies, and private industries. There are five main groups that are in opposition to legalization. There are five main groups that are in opposition to legalization. There are five main groups that are in opposition to legalization...
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...marijuana. Many people against legalizing marijuana argue that marijuana should stay illegal because it poses health risks. This claim is not logically sound because Marijuana’s health risks are too complex therefor can’t be specifically classified of being a detriment to an individual’s health or not. The health risks that are believed to occur from ingestions of marijuana are most likely to be known as exaggerated. When people against legalization begin to go over health risks with the public they use it as a strategy for providing controversy arguments to try convincing individuals to avoid excessive use of marijuana or use at all. No one realizes that alcohol and tobacco are a lot more deadly and dangerous towards an individual yet they are controlled regulated substances sold daily. Unlike alcohol and tobacco marijuana has a lot more positive tolls that it takes on an individual. It has been proven since the earliest use of marijuana in 2737 B.C, that marijuana can be used as a medicine. That is what it was used for when they had first discovered it. The earliest...
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