OVERVIEW OF BRITISH AMERICAN TOBACCO GROUP & BAT BANGLADESH
BAT is the world’s second largest quoted tobacco group by global market share, with brands sold in more than 180 markets. With over 300 brands in the portfolio, BAT makes the cigarette chosen by one in eight of the world’s one billion adult smokers. It holds robust market positions in each of the regions they operate and have leadership in more than 50 markets. BAT has sustained a significant global presence for over 100 years. The business was founded in 1902 and by 1912 it become one of the world’s top dozen companies by market capitalization.
British American Tobacco Bangladesh Company Limited (BAT BANGLADESH) has been operating in this region since 1910 and currently
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has four guiding principles ….
• Strength from Diversity: Actively utilizing diversity - of people, cultures, viewpoints, brands, markets and ideas - to create opportunities and strengthen performance.
• Open Minded: Being an active listener, genuinely considering others' viewpoints and not pre-judging.
• Freedom through Responsibility: The freedom to take decisions and act on them obliges BATB to accept personal responsibility for the way they affect BATB’s stakeholders.
• Enterprising Spirit: The confidence to seek out opportunities for success, to strive for innovation, and to accept the considered risk-taking that comes with it.
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Weakness:
As BAT works for a controversial industry, they are bound by many rules and regulations, like they can not do the marketing of their product in a bigger scale due to tobacco law. Moreover they faces many problem to promote their brands. Last but not the least they often face many legal problems to run their business smoothly.
Opportunity:
Through approximately 100 years of operations, BAT BD. has built a strong international reputation for high quality tobacco brands to meet consumers’ diverse preferences. They believe that it is the strength for BAT BD. to do business in BANGLADESH. They know the customers’ choice as well as the business environment over here in this region better than any other similar company. As a result launching a new brand or promoting a new
Diversity is something described between the differences of two individuals. Diversity means that all individuals showed be respected and valued, therefore you must be aware of the individual’s differences and must not barricade the way they have been cared for. It is you knowing and looking after an individual with full understanding of the difference in their personal characteristics. It is also when you encourage those differences and use them in different cohesive communities and in an effective work force. It is important that you recognise that each
In 2006 electronic cigarettes are introduced to the United States (Caasa 4). Blu Cigs is a major electronic cigarette company founded by Australian native Jason Healy (About Blu 2). These e-cigarettes claim the experience of traditional cigarettes without the tobacco smoke, ash and smell (About Blu 2). The company’s advertisement seems to be using digital photography and women to attract their audience. Whether for the good or the bad, advertisements have impacted people and the culture of that time.
Diversity has many definitions but only one true meaning. This concept Analysis is dedicated to exploring the broadened sense of diversity through active concepts with respect to term usage, and current literature research to support the understanding and relevance of the term itself.
Entrepreneurial spirit is the implantation for creative inspiration. Tomorrow’s innovation and future economy are the key factors of successful entrepreneurship. By working hard you can gain physical capital to create a new idea or product for the market. A successful entrepreneur always improves his or her service to give the customer what they want. An ambitious entrepreneur must have leadership skills and mind set for innovation. Important sign of entrepreneurial spirit are to calculate risk-taking and engage in
Diversity: A wide range of characteristics and backgrounds, including social and cultural backgrounds, different religions, colours of skin, hair types and disabilities. Such diversity contributes to the strength of a community.
“Diversity is a variety of demographic, cultural, and personal differences among an organization’s employees and customers (Williams. 249)”. Diversity is having different people who have from different
Most of these e-cigs are being advertised to teens along with other tobacco products. This ensures a long lasting profit between the teens and the adult population. In the minds of business CEO’s and the marketing managers;
In Vanguard’s documentary, Sex, Lies, and Cigarettes: Secrets of the Tobacco Industry by director, Alex Simmons, Vanguard sends correspondent, Christof Putzel to Jakarta, Indonesia to investigate the tobacco industry there. The documentary talks about how America no longer allows cigarette and tobacco ads and commercials, instead the country focuses scare tactic ads that stop people from smoking or keeps them from starting. The tobacco industry is losing millions of dollars in America so they’re moving overseas to poorer countries like Indonesia to make their money there. Putzel goes to see what all the tobacco industry is doing and how they’re corrupting the young people like ‘the smoking baby’, Aldi, as well as students of the country.
Tobacco companies should invest more in doing research to do a breakthrough invention so they could produce products that are healthier as the anti-cigarettes campaign is showing definite results. With e-cigarettes that states themselves as healthier products, maybe in the future the demand will shift again to e-cigarettes. Only by discovering new things that satisfy the customer’s want and need will the company be successful.
Like with all new technology ventures we are not without risks. It is a growing field filled with competition. Our competition, who has more resources, is as well entering the market. Our size difference can work to our advantage and given the right corporate culture we too can grow to an immense size.
Some of these strengths include great core values, their human and social capital, they carry a wide variety of products that have a strong brand name, and their expansion through global expansion and investment.
Reynolds American Inc. is a holding company with multiple subsidiaries like R. J. Reynolds Tobacco Company, American Snuff Company, Santa Fe Natural Tobacco Company, and Niconovum. Reynolds American Inc. also manages various licensed brands like Dunhill, Captain Black, and State Express 555. The company and its subsidiaries operate in manufacturing and selling of many tobacco products in United States and international markets. Each of the subsidies has their own brand of products that they manage. The RJR Tobacco manufactures cigarettes under the brand names of Camel, Pall Mall, Winston, Kool, Doral, Salem, Misty, Capri, and Camel Snus, a smoke-free tobacco product. The American Snuff segment provides smokeless tobacco products, such as
In 1985, many efforts started to raise commissary tobacco prices, the US Navy goal to become smoke-free by 2000, and to have healthy military forces, this led to the development of opposition.
I have chosen cigarettes to be my market transaction as it is has a very large and wide market. A cigarette is a product consumed through smoking and manufactured out of cured and finely cut tobacco leaves and reconstituted tobacco, often combined with other additives1,
Diversity has been leveraged to attract the best most heterogeneous talent it also has been harnessed to retain talent and corporate integrity.