Case Study Of Tobacco Company

2197 Words5 Pages
bulb-icon

Recommended: Causes and effects of smoking cigarettes

.

NAME: N RAJASHEKHAR REDDY
JCU NUMBER: jc306812
SUBJECT NUMBER: LB5203
SUBJECT NAME: SUSTAINABLE ENTERPRISE
LECTURE NAME: IAN KIRKWOOD
DATE: 23/24/1267
COMPANY: ITC Limited (Indian tobacco Company)

Index

Executive summary…………………………………………………………………………..…………………3
1-Introduction…………………………………………………………………………………………………….4
2- The Enterprise…………………………………………………………………………………………...……4 2.1- About the company………………………………………………………….……………………….4 2.2- Issues of ITC………………………………………………………………………………………….5
3- Sustainable dimensions………………………………………………………………………………………6
4- Sustainability indicators………………………………………………………………………………….......7 …show more content…

(Product and brands)
Cigarettes: In 2012-13, ITC earned a revenue of (56% of total revenue) that is 27,136 crores. At the same year tobacco division contributed 82% of profit that is Rs 8694 crores. 80% of cigarettes in India are sold by ITC, where tobacco products are used by 275 million people and total cigaretts market worth estimates to $6 billion (around Rs 35,000crores)

Employees
As per financial report of the company, It employees 25,960 as on 31st march 2013. In which 3043 employees are women. In the FY 2012-2013 it spent 2145 crores on employee benefit.

Awards and recognitions
• ITC was positioned 841 on 2012 at Fobes global 2000 ranking.
• ITC received the National award for excellence in corporate governance from the Institute of company secretaries of India in 2007.

2.2- Issues in ITC Effects of health by tobacco
• The effects depends on the number of year that a person smokes and on how much the person smokes.
• Tar content
• The (WHO) estimates that tobacco kills 5.4 million people in 2004 and 100 million death over the 20th century. Deforestation
• Manufactures uses the wood to cure the tobacco and to roll and package the …show more content…

These can be re-breathed by others passive smokers and effects even more.

3- Sustainable dimensions

There are three main sustainability dimensions also known as the Triple bottom line (or PPP People, Profit, and Planet)
The first dimension is the socio-cultural dimension (or People) that involve human capital and the impacts caused by corporations that directly affect humans (pollution, final products, packages, marketing among many others)
The second dimension is economic dimension (or Profit): it considers economic instruments that permits to create competitive advantage through economic sustainable decisions and/or implementations in order to make them profitable.
Finally, the third and last dimensions is the environmental dimension (or Planet) that involves natural capital that performs five main functions production (e.g raw materials, fuel and metal), sink (the waste absorbed from production and consumption of goods, regulations (climate and ecosystem stability), habit (provided to our wildlife) and information (e.g. beauty of wilderness impacts on human welfare).

4- Sustainability

Show More
Related

  • Cigar Aficionado Case Study

    690 Words  | 2 Pages

    When Marvin Shanken, founder of M. Shanken Communications, launched Cigar Aficionado in 1992, people thought he had lost his mind. Cigarettes were the most popular form of smoking and tolerance for tobacco was at its lowest point ever. Since then, the single-interest niche publication about cigars has turned into a men’s luxury lifestyle magazine with almost 300,000 subscribers and a total audience of over 1.8 million readers per issue. The magazine is given much credit to sparking a great resurgence in cigar popularity throughout the 1990s. Its motto? “The Goodlife Magazine for Men.”

    Read More

  • Analysis Of King's Smokers, Inc.

    904 Words  | 2 Pages

    Stephen King’s short story "Quitters, Inc." involves a smoker trying to kick the habit, and getting results no matter the means. Dick Morrison meets Jimmy McCann, an old friend, in the bar of the Kennedy International airport. McCann has stopped smoking, gained a promotion, and become physically fir since the last time they met. He tells Morrison about an agency that helped him quit smoking and gave him a business card for Quitters, Inc., which Morrison just put in his wallet. A month later he sees the card fall out of his wallet and decides to go see them. Upon going to Quitters, Inc., Morrison meets Vic Donatti, the man in charge of his case. Morrison signs a contract saying that he won’t reveal anything they do in the course of his treatment. Donatti tells Morrison that he will never smoke again after that day. When he goes back for his next appointment, Donatti starts by punching the cigarettes Morrison had on him whilst still smiling. Donatti then reveals how much they know about their clients by referencing Morrison’s handicapped son who he told them nothing about. Donatti tells him that he is a pragmatist, or someone who is oriented towards the success or failure of something through practical means. Donatti shows Morrison that a rabbit can be taught that eating food will cause an electric shock to occur and therefore after enough aversion training the rabbit will starve itself to avoid the shock. Donatti then explains the various ways they discipline their clients for slipping up, the tenth and last being death. They guarantee you won’t ever smoke again. After a series of non-smoking, Morrison slips up, his wife is kidnapped, and he is called in to watch her get electrocuted for thirty seconds. Afterwards she tells him that she understands what they are trying to do. After months of not smoking Morrison gains weight and Donatti says that if he can’t lose it they will cut off his wife’s pinky finger. After that Morrison passes on the Quitters, Inc business card to a man known only as Crony, and tells him they changed his life. Years later Morrison and his wife meet McCann and his wife at a theatre. When he shakes the hand of McCann’s wife he notices something is wrong. Later the realization hits him that she only had four fingers; her pinky was missing.

    Read More

  • Tobacco Companies in Our Society

    2010 Words  | 5 Pages

    The tobacco industry seems like a beneficial addition to our economy. It has basically been a socially acceptable business in the past because it brings jobs to our people and tax money to the government to redistribute; but consider the cost of tobacco related treatment, mortality and disability- it exceeds the benefit to the producer by two hundred billion dollars US. (4) Tobacco is a very profitable industry determined to grow despite government loss or public health. Its history has demonstrated how money can blind morals like an addiction that is never satisfied. Past lawsuits were mostly unsuccessful because the juries blamed the smoker even though the definition of criminal negligence fits the industry’s acts perfectly. Some may argue for the industry in the name of free enterprise but since they have had such a clear understanding of the dangers of their product it changes the understanding of their business tactics and motives. The success of the industry has merely been a reflection of its immoral practices. These practices have been observed through its use of the media in regards to children, the tests that used underage smokers, the use of revenue to avoid the law, the use of nicotine manipulation and the suppression of research.

    Read More

  • Is the Cigarette Tax Enough To Prevent Smoking?

    1330 Words  | 3 Pages

    Because of all the negative effects of smoking, the sale of cigarettes has been taxed heavily. The ingredients in cigarettes, especially flavored cigarettes, make it difficult for smokers to quit. In the last few years, both federal and state taxes have increased for tobacco products in the hopes of trying to reduce the number of smokers. The revenue from the tax is used to fund several health related companies. However, some smokers have started to buy cigarettes illegally in order to avoid the tax.

    Read More

  • The Effects of Secondhand Smoking

    730 Words  | 2 Pages

    There are many negative effects on second hand smokers, immediately and over time. Second hand smokers take in nicotine and toxic chemicals through the same route as smokers, only they don't have a filter. The more that smokers take in toxic chemicals, the more likely they are to take the harmful chemicals into their body (“Secondhand Smoke”). So by smoking with others around you are the cause of many problems that they may have throughout their life. Second hand smoke immediately affects the heart, blood vessels and blood circulation in a harmful way (“Secondhand Smoke”), it puts nicotine in their bloodstream and could cause them to become addicted to cigarettes even before they ever even smoked. Over time, heart disease, strokes, and heart attacks can occur. Some people also get lung cancer or other types of cancer (“Secondhand Smoke”). By smoking with others around, you could end up eventually killing people without even trying. Not only is smoking bad for our bodies, it is also bad for the environment.

    Read More

  • Cancer And The Tobacco Industry

    579 Words  | 2 Pages

    Cancer; latin for ‘crab or sleeping ulcer’ is an illness that consists of abnormal cells in a certain division in a part of the body. It has devastating effects on whom it is developed in. There are many different cancers and they can affect someone from the brain (brain tumors) to toe (skin cancer). Cancer can be categorized as out-of control cell growth. People that smoke should have to pay a levy, towards their future healthcare needs, on every pack they buy.As tobacco laws continue to increase and become more strict, like plain packaging and designated smoking areas. The tobacco industry requires 5000 new smokers every day to continue to be productive. Although the laws state that one must be of age 18 or older to be able to purchase any tobacco products, 88% of all smokers begun the harmful life that is smoking.

    Read More

  • How Smoking Affects Your Life and People Around You

    704 Words  | 2 Pages

    only two, will dramatically affect your life in ways you'd never suspect. Smoking has definitely affected my life, and now at the age of seventeen, I can recognize it. all the changes that have been made. My older sister, the person whom I looked up to the most growing up, is a smoker. At the age of twenty-one, my sister has been smoking for a steady six years, starting at a. the age of sixteen years old.

    Read More

  • Big Tobacco: The Mechanization Of The Tobacco Industry

    1109 Words  | 3 Pages

    Beyond inhalable tobacco and safety matches, cigarettes needed another mechanized invention before they could flourish in domestic and international markets. The mechanization of the cigarette came about when James Bonsack, son of a textile manufacturer, transformed one of his father’s carding machines to mass-produce cigarettes. In 1880 Bonsack submitted a patent to the U.S. Patent Office for his new Bonsack machine, which could produce 100,000 cigarettes in 10 hours. In the 1880’s, most journey level cigarette rollers could only produce about 1000 cigarettes per day. The mass production of the modern cigarette was set to launch(1). In 2008, the Hauni PROTOS-M8 cigarette machine was producing 19,480 cigarettes per minute(14)! By 1900, Big Tobacco in the United States mass-produced cigarettes at a staggeringly low cost(1).

    Read More

  • Triple Bottom Line Case Study

    886 Words  | 2 Pages

    Triple bottom line is defined as “a corporation’s ultimate success or health can and should be measured not just by the traditional financial bottom line, but also by its social/ethical and environmental performance” (Norman and MacDonald, 2003). There are many advantages when it comes to being a triple bottom line corporation. While incorporating the triple bottom line, you are also incorporating sustainability you’re your business. Therefore, becoming a triple bottom line corporation means it is one step higher towards helping save the planet. Becoming sustainable is cost efficient. Although it may cost a significant amount of money to convert, it will pay itself off in the long run. Additionally, it will help reduce expenses while saving

    Read More

  • Benefits of Sustainable Business Practices

    1812 Words  | 4 Pages

    Sustainability could be defined in many ways. It could be defined as the process to sustain a process or develop new technologies to reduce environment pollution. It also means a measurement how badly the environment is being polluted by other factors. I have to admit that sustainability is a great idea related to many fields such as healthy, economy, food, social, and etc. However, I still remember the first day of “Sustainable Business” class, Professor Laverty showed to my class an example of sustainable product with the idea of “produce more with less waste”. This example narrows me down to one idea of “Sustainable Business”, which is producing the product and services in an efficient and sustainable way without causing harms to environment. In this essay, I want to emphasize into impacts of businesses on environments, profitability of sustainable business, and responsibility of business.

    Read More

  • Factals Essay

    935 Words  | 2 Pages

    Rearranging this formula gives a phrase for dimension relying on how the size alters as a function of linear scaling:

    Read More

  • The Importance of Becoming an Integrated Health Professional (IHP)

    1481 Words  | 3 Pages

    middle of paper ... ... Olckers, Gibbs, Duncan 2007:2. Knowing Dimensions - What is it The knowledge dimension focuses on gaining the relevant information and understanding of healthcare as well as the skills needed to provide it. It also encompasses the “appropriate application” of this knowledge.

    Read More

  • Environmental Development: The Basic Characteristics Of Sustainable Development

    1471 Words  | 3 Pages

    There are three factors that make the governments all over the world start to build the sustainable development of the whole society, which are environmental

    Read More

  • Essay On Tobacco Products

    731 Words  | 2 Pages

    Tobacco is made from dried up tobacco leaves prepared with chemicals to create products such as: chewing tobacco, dip, and loose tobacco to be smoked on cigarettes and pipes. There is a demand for tobacco and if companies were to stop making tobacco, then another company will sell it due to supply and demand. Even though people do choose to buy tobacco products on their own free will. Tobacco companies are partly to blame for smoking related illnesses and deaths since they knowingly create a product that is harmful, in addition, they try to appeal to a younger audience, and lastly, tobacco products are highly addictive.

    Read More

  • Dimensions Of Intellectual Dimension

    587 Words  | 2 Pages

    Spiritual dimension implies the understanding of human existence, forces existing in the universe, feelings, personal beliefs and values.

    Read More

More about Case Study Of Tobacco Company

Open Document