Saturday, May 11, 2019

Current Trends in the Tobacco Industry Essay Example | Topics and Well Written Essays - 2000 words

catamenia Trends in the tobacco plant Industry - Essay ExampleDue to this threat, the guest base is decreasing and hence several steps are being taken by cigarette manufacturers to anyeviate the harm. Another bring down is the indispensability for portraying a socially responsible picture for the consumers. The use of technology in customer identifications and analysis is becoming popular while using IT in the operations to manage the organizations better is other trend that is been seen more often.British American Tobacco is the most globalization smear in the world. The brand has millions of diverse customers across the globe, with access to over 180 grocery stores globally, and makes the best quality tobacco products. The brand commits its customers to unceasingly be indulged in principles of corporate social responsibility, a practice kept running through tabu the group. Known brands include Pall Mall, Dunhill, Lucky Strike, and Kent (http//www.bat.com/)However, the g lobal politics is not the same as the local anaesthetic one, rather absolute differential, therefore, extra care needs to be taken since British American Tobacco mainly exports to some 180+ countriesSW presents the inner scenario of the organization, matched against the existing or anticipated external OT submits a plan for the future course of action. Following is a pictorial representation of the sameCigarette is an ad... amicable ordering has generally never viewed smoking as a good habit, and therefore, some movements have been created all over the world against smoking, yet all in vain.EconomicWith huge scale exports, economy is strengthen by the organization, and also needs support from the same to keep the wheel moving.TechnologyTechnological advancements need to be adopted by the organization, particularly the integration part. British American Tobacco currently has many systems deployed but working independently.Technological advancements have led to integrated and dep endent systems to make lesser duplications possible, and provide more efficiency.SWOT AnalysisSW presents the internal scenario of the organization, matched against the existing or anticipated external OT provides a plan for the future course of action. Following is a pictorial representation of the sameStrengths-Independence from wiz importer-monopoly-Brand loyalty and associated good will-Tremendous market segmentationWeaknesses-Lack of regional market knowledge-Unpredictability of Importers-Very less presence in the local market-Lack of internal process integration(Sourcehttp//www.smartdraw.com/examples/content/Examples/SmartDraw/Marketing_Charts/SWOT_Analysis_Diagrams/SWOT_Example_-_4_L.jpg)Opportunities-Expanding local market pie share-Cushion in loyalty victimisation of importers-Addictive nature of cigarettesThreats-Global instability of the duty regulations-Smuggling, particularly in Asian markets- Anti-Tobacco Stance of the SocietyPorters 5 ForcesCustomers Cigarette is an additive product and that is a favourable point for the company as far-off its sales are

No comments:

Post a Comment

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