Business‚ Government‚ and Society Research Paper: Tobacco Industry Dixon 1 Table of Contents Introduction 2 History 3 Corporate Stakeholders 4 Role of the tobacco industry in its social‚ economic‚ and political setting 7 Domestic and International Ethics 9 Ecological and Natural Resources 10 Social Issues 11 Rating of Social Responsiveness 11 Rating in relation to the Saint Leo Core Values 12 Dixon 2 Introduction The use of tobacco is a very controversial topic here in the United
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PEST Analysis A scan of the external macro-environment in which the firm operates can be expressed in terms of the following factors: * Political * Economic * Social * Technological The acronym PEST (or sometimes rearranged as "STEP") is used to describe a framework for the analysis of these macroenvironmental factors. A PEST analysis fits into an overall environmental scan as shown in the following diagram: Environmental Scan | / | \ | External Analysis | Internal
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PEST Analysis We carry out a PEST analysis to examine political‚ economic‚ social and technological factors on our business and we can use our findings to take advantage of opportunities that may arise and also be prepared to face possible threats that may come our way. The use of PEST analysis will help our business to effectively adapt to the realities of the new environment and help us to create a marketing plan that will be effective and which will therefore enable our business to compete
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PEST analysis A PEST analysis is used to identify the external forces affecting an organisation .This is a simple analysis of an organisation’s Political‚ Economical‚ Social and Technological environment. A PEST analysis incorporating legal and environmental factors is called a PESTLE analysis. Political The first element of a PEST analysis is a study of political factors. Political factors influence organisations in many ways. Political factors can create advantages and opportunities for
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Tobacco Ethical Issues The five ethical issues that I have selected from thetruth.com are: misrepresenting cigarettes as a safe consumable good‚ using flavored tobacco to appeal to a larger demographic‚ referring to children as “replacement” smokers‚ cigarette butts kill fish and micro-organisms‚ and helping minorities get jobs to buy cigarettes. Misrepresenting cigarettes According to the information available on thetruth.com‚ big tobacco has been implying they are producing a safe consumable
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Prevention‚ tobacco use causes about 6 million deaths per year: 480‚000 deaths result from cigarette smoking and 41‚000 deaths result from secondhand smoke exposure. Nonetheless‚ tobacco use is the largest preventable cause of death and diseases every year in the United States. In addition‚ companies such as The Real Cost are advertising and appealing to youth and adults all over the country in order to save lives; indeed‚ advertising companies spend millions of dollars on anti-tobacco use ads‚ but
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the Tobacco Industry of 27.9% is substantially above the all-industry average of 14.1% given in the Business Week data. Examining Porters five forces reveals the keys to the Tobacco industries superior profit performance. The price customers are willing to pay for a product depends‚ in part‚ on the availability of substitutes. The absence of close substitutes in the case of cigarettes means that consumers are comparatively insensitive to price increases. This makes price demand for tobacco inelastic
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MGT200-1/BY01 1.) Develop a comparative PEST Matrix for the Philippines with another country (the US‚ any one of the BRIC economies or a SE Asian country). 2.) All information should be attributed properly to their source. Political Factor Government PHILIPPINES Unitary presidential constitutional republic Head of the state/chief executive is President elected by the citizen for a single six year term. Cabinet is appointed by the president. Oil Industry commission (Govern by RA 6173); Foreign
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PEST POLITICAL ECONOMIC Over the years‚ the Philippines has gone from being one of the richest countries in Asia to being one of the poorest. It has experienced growth and development since World War II. The current administration under President Gloria Macapagal-Arroyo is aiming for a more rapid growth in the coming years. In 2004‚ the Philippine economy grew by 6.1% surprising everyone. In 2005‚ the Philippine peso appreciated by 6%‚ the fastest in the Asian region for that year
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PEST Analysis Leader:Penelope贺朋旭（会计103） Deccember 2010 PEST Analysis Potical Factors • China is a communistic country‚ and it is steadier than some country which always has some war‚ anarchy and so on‚ which is adapted to the development of car companies. • Chinese goverment encourage overseas company to operate in China‚ such as derating‚ lower lending rate… • Chinese rule is strict for car purchaser and owner. For example Beijing government claim that
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