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Case Study: Government Regulation of Tobacco Products
Government regulation of tobacco products
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Lakson Tobacco Company
Lakson Tobacco Company was incorporated in Pakistan on February 10, 1969 as a public limited company and its shares are quoted on the Karachi and Lahore stock exchanges. The principal activity of the company is the manufacture and sale of cigarettes and tobacco.
Operating Results For 1998-99
Lakson Tobacco Company has maintained a growth momentum, both in turnover and profits. Sales revenues and profits increased by Rs. 1,878 Million and Rs. 30 Million respectively, as compared to last year. During the year 98-99 the company's contribution to the national exchequer in the shape of excise duties and sales tax rose to Rs. 8.669 Billion as compared to Rs. 7.657 Billion in the previous year. The component of excise duties and sales tax paid during the year was equivalent to 62.20% of domestic sales turnover for cigarettes.
Leaf Tobacco
The 1998 tobacco crop was adequate to meet industry's requirement and that of the company. The Company was able to procure the required to procure the required quantity at competitive prices.
Future Outlook
Lakson Tobacco Company will seek to consolidate its position in the face of challenges and current difficult economic situation and will strive to further improve its quality, volume and profitability. Effective cost control measures will be continued, with increasing emphasis and expansion of distribution coverage will receive continued focus in the ensuing year.
Performance of the company in 1998-99
During the year 1998-99, after Tax profits of the company rose to Rs. 180 Million as compared to last year profit of Rs. 150 Million. This shows a healthy increase of 20%.
Smuggling Threat
The growing availability of smuggled and counterfeited brands a...
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¨ Shades
Premier Classic Customer Service Center
In its endeavor to provide customer satisfaction to the customers, Lakson Tobacco have established a customer service center at the company's Head Office.
For all the queries regarding cheques, PCC membership etc., or any suggestions or comments, the customers can call us at any time on all weekdays between 9 a.m. & 5 p.m.
Advertising Strategy
Their strategy comprises of two elements.
1. Creating the advertising message
Message strategy
Message strategy of Premier Classic identifies the customer benefits for its user's appeal. These benefits include quality satisfaction, pleasure pride and a symbol of status.
Message Execution
Lifestyle of a very successful man is shown. His strong personality shows that he is from the group of achievers.
Message theme CENTURIES OF GREAT TASTE.
essay. He a major claim, minor claim, and warrants, all needed for a good rebuttal essay but the support for all of these is misleading. Brimelow’s Claims and Backing This article implies that the government is doing badly by having the tobacco companies pay for smoking-related health care costs and stating that lawyers are a disease and hide the real truth about how cigarettes are not always unhealthy. This article also implies that smoking can benefit your health in some ways but also accepting
accepted, and companies are looking out for it all of the time. There is almost always someone else that a person can blame for his or her misfortune other than themselves. Obese people are joining right in the trend also. They believe that the fast food industry can be found responsible for the weight epidemic that is blooming in the Untied States. The idea of a class-action lawsuit against fast food companies is a new idea that sprung from the class-action lawsuit against tobacco companies holding
In a society where it is not unusual to see a ten year old child smoking a cigarette in public, where large tobacco companies sponsor all big sporting events and where smoking advertisements are everywhere you look, how can it be understood that what is going on is a form of suicide. Smoking is comparable to a serial killer; a cigarette acts as the weapon used by tobacco companies and its victims subjecting themselves by their own free will to participate in the crime. The governments of the United
fact that smoking causes lung cancer and directly kills over a million people every year, and that is just what tobacco advertisement departments would like to have you forget. Nowadays, advertising has become a major part of American society today. Everywhere you go there is advertising to be seen and absorbed by the consumer population. Nowadays, every company has a specific company inside the big business that’s sole purpose it to come up with interesting and new ways to promote its product. One
nonsmokers exposed to smoke in various ways such as by damaging the lungs and circulatory system. Nicotine, present in mainstream and sidestream smoke, is believed to be one of the most toxic components of tobacco. In 1994, David Kessler, commissioner of the FDA, launched an attack on tobacco companies, claiming they deliberately increased nicotine levels in cigarettes. Nicotine has been shown in various experiments to induce tolerance in smokers by its effects on the CNS and dopaminergic receptors. David
Industry Market Concept The tobacco industry consists of many competitors trying to satisfy a specific customer need. Companies such as Philip Morris, RJ Reynolds, Brown and Williamson, and Lorillard hold almost the entire market share in the tobacco industry. While each company has different advertising and marketing techniques, they all target the same customer group. Tobacco companies try their best to generate interest in their particular brand or brands. Companies market a number of attributes
One of the largest issues today is adolescent smoking. According to a heath based website, nearly 90% of adult smokers start while they are still teens and they never intend to get hooked. They may start by bumming a cigarette or two from a friend at a party, and then go on to buying an occasional pack. Soon they realize that they can't go without that pack. They've gotten used to reaching for a cigarette first thing in the morning, after meals, or during any stressful time. They become addicted
Tobacco Companies in Our Society 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
sponsorships have taken over professional sports. In this paper, Alcohol and Tobacco sponsorships will be the issue of this paper. Sports sponsorship has become an important marketing tool for advertiser’s because of the flexibility, broad reach, and high level of brand or corporate exposure that it affords, (Krapp, 49). Yet some sponsors have created an uproar with in the society, these are namely alcohol and tobacco products. These two make up about half of the sponsorship in professional sports
cancer or other tobacco related illnesses. Everyone in the world comes in contact with smoke from a cigarette at least once in their lifetime, whether it is at a restaurant or at work. Millions of people are addicted to smoking, and thousands more become addicted every year. Cigarettes and other tobacco products are everywhere. Most of the addicted smokers started when they were young (Roberts 18). The reason why people get addicted to any type of tobacco product is because all tobacco products have
Tobacco Companies Targeting Young People Thesis: Statistics show us that young people are the main target of the tobacco companies. Outline I. Introduction II. Two main companies III. Tobacco industries claims VI. Other problems V. Stopping them from smoking VI. Conclusion Every day, 3,000 kids start smoking, most of them between the ages of 10 and 18. These kids add up to 90 percent of all new smokers (Roberts 38). These statistics show us that young people are the main targets of the
Administration control over tobacco products. This bill would allow the FDA to make such decisions as halting tobacco companies’ marketing of safer tobacco products and reducing the nicotine content in cigarettes. Sullum argues that by giving the FDA the power to make such decisions, individual consumers would be disadvantaged and lives could possibly be lost instead of saved. If given control of such decisions, the FDA would not allow the introduction of safer tobacco products as they feel this
it ethically and legally wrong to sell cigarettes to a minor. These companies located in the United States adhere to the laws and ethical issues within our borders, so what is the difference when they practice these unethical business transactions in smaller countries. These smaller, less developed countries do not have the technology and understanding to disallow the sale of cigarettes to minors. These gigantic tobacco companies should follow the same practices in smaller countries as they do in
1950's and 60's scientists gave the people a lot of evidence on the deadly effects of smoking where the tobacco companies on the other hand tried to put the doubt in people’s minds through the campaigns to show that it is not all true. By the time people actually decided to take care of their health and finally saw how life-threatening smoking could be by real life examples, the tobacco companies already got rich from its sales. Nowadays, nobody doubts that “firsthand” smoke is deadly to your health
Teen Smoking Due to peer pressure, propaganda and availability, teenage smoking has been on the rise since 1986. Three thousand children start using tobacco each day because of the negative influences aimed toward them. Our President and the American Medical Association have taken action and have urged tobacco companies to do the same against under age smoking. Despite all positive actions against it, "pack-a-day" smoking has risen thirty-three Percent in the past ten years among high school seniors