Strengths * One of largest tobacco companies worldwide * Key note product/brand * Substantial cash growth * Phillip Morris SWOT Analysis
Phillip Morris SWOT Analysis
Revenue Distributed in Important Areas * Excellent employee morale | Weaknesses * Key note product/brand unhealthy * Substantial cash growth obtained at the risk of human health * Social perception of product has negative effect on company image * Taxation & Regulation | Opportunities * Smokeless tobacco * Acquiring company for tobacco quitting aids | Threats * Laws prohibiting tobacco use * Competitors * Lawsuits |
Strengths With any company, it is imperative that upper management is able to identify the strengths and weaknesses that
…show more content…
Many spoke of excellent benefits packages, rewarded for hard work, career advancement and open communication and relationship with upper management. Majority of the employees were either interns or former employees and most remained anonymous.
Weaknesses
As with any company, though you have your pros, the cons of a company are almost a guarantee because nothing is absolutely perfected. The same product that began to be manufactured for Phillip Morris in 1924, would later be discovered as a health risk to those who consumed it (Cancer Council, 2013). Consequently, during the 1920’s when Marlboro were being manufactured, the first medical reports were reporting that the smoking of cigarettes were being linked to lung cancer, however; the newspapers and its editors seemingly were protecting the tobacco companies who advertised heavily in the certain areas (Cancer Council, 2013). The newspaper editors decision to not disclose this information to the public would be one factor that would later come back to haunt tobacco companies such as Phillip Morris years later. Nearly three decades later in the 50’s and 60’s major medical reports would confirm that tobacco use caused a range of serious diseases (Cancer Council, 2013). With medical reports now confirming that the smoking of cigarettes (tobacco use) is a detriment to the health of people who use it, this would begin to make the social
According to “The Action of Smoking and Health,” every six seconds someone loses their life as a result of a tobacco related disease. It’s hard to realize how damaging cigarette smoking’s effect can be until you experience it first hand. It is almost certain that every one knows someone who is currently a smoker or was a smoker at some point in their life. For years smoking was the seen as the “cool” thing to do, it was how to “fit in.” There was no real emphasis placed on the dangers of this particular habit, and as a result, it became a world wide trend. In the past, technology and medicine were not nearly advanced enough to be able to determine just how harmful tobacco usage is. However, as we have made medical and
Smoking is an activity that has been around for many years for people to use and adapt into their lifestyle. It is a tool that many people use to help reduce the stresses of life and put them in a comfortable position that enables them to cope with the hectic lifestyle they are living. However, smoking has been scientifically proven to cause many types of cancer, the most common being lung cancer resulting in numerous deaths across the United States. According to BBC, "Smoking is a greater cause of death and disability than any single disease" (BBC, 2). Evidently, the benefits and drawbacks of smoking have been debated for many years, and only recently have some countries have placed a ban in public places such as Britain and the United
A study led by Giovanni Invernizzi from the Tobacco Control Unit of the National Cancer Institute, found that air pollution coming from cigarettes is ten times greater than diesel car exhaust. Friends of mine have parents that smoke inside their house and as soon as I walk inside I can immediately notice the differences in the air quality and health of the individuals living inside the estate. Listening to the frequent coughing combined with the permanent smell of smoke disgust me and I have decided not to stay over there for the sake of my health. I get the same disgust as I am shopping in public and frequently see cigarette butts being littered on the ground. Cigarettes create nothing but waste in the environment, and by discontinuing the sale of cigarettes we could place an end to cigarette pollution in our beautiful
The smoking habit is the principal cause of illness, disability and death around the world. More than five million of people in the world die due to smoking habit every year. If we don’t take care of this in 2030 the amount will be ten million. Seven million of these deaths would be in poor countries.
Tobacco has been around in the world for over 2.5 million years. It was not until a few hundred years ago when the tobacco industry decided to put these crops into use and conjure up tobacco products for the community. A popular tobacco product in society is cigarettes, as they are cheap and simple to use. As long as one is over eighteen, acquiring cigarettes is a straightforward process for a reasonable price, albeit the sin tax. It was not until recently when cigarettes became widely controversial due to the plant containing nicotine, an addictive drug to the body. Aside from containing nicotine and other hazardous chemicals to the body, cigarettes also cause a whole host of health implications
Smoking is a severe health issue which can results in pain, sickness and depression. Not only does the misuses of tobacco and nicotine have a devastating
For both the pro and con sides these facts are presented in order to support each paper's opinions. One opinion of the pro side is that the market of cigarettes is a market for disease and death. At one point the paper states, "Outrage at an industry that has made billions selling sickness and death" the paper enforces this opinion later by saying, "For decades, Big Tobacco has made a profit by selling the instruments of disease and death." Another opinion is that tobacco industries are the only companies that manufacture a product which causes serious illness and kills. The pro side quotes Edward L. Kaven, author of Smoking: The Story Behind the Maze as saying, "the only industry which produces a consumer product that is likely to kill and render human beings seriously ill when used as intended." I believe that these opinions are exaggerated ones. First of all, the tobacco companies are not the only companies that sell a product that is unhealthy and even has devastating affects on people.
When information was released to the public in 1939, tobacco companies found ways to discredit, and silence the public concern. In fact, previous to this tobacco manufacturers claimed an increase in health and medicinal properties for tobacco products. With the formation of the Council for Tobacco Research, in 1954, a direct link was sought between smoking and health related problems. Upon the finding of such evidence major cigarette manufacturers unite.
Strengths and weaknesses come from the internal environment of the firm. Strengths can be exploited, built upon and made key to accomplishment of mission and objectives. Strengths reflect past accomplishments in production, financial, marketing and human resource management. Weaknesses are internal characteristics that have the potential to limit accomplishment of mission and objectives. Weaknesses may be so important that they need to be addressed before any further strategic planning steps are taken. A basic determination of a firm's relative strengths and weaknesses is often the first step in the internal evaluation. A hidden benefit in internal evaluations is the opportunity for participants to understand how their jobs, departments, and divisions fit into the whole organization. A manager's forced communications that occur across departmental lines produces an additional benefit in improving communication within the organization.
was 35.1 billion dollars. With a product that kills so many of its customers, your only concern in this industry is to increase sales and make a profit. Definitely in the tobacco industry and most others, it is my opinion that you cannot cater to the best interest of both the company and the consumer. Even a good company with the best intentions will eventually come to a crossroad where choosing what is best for one will not have such a great outcome for the other. Their best interests will ultimately conflict, and you will be forced make a choice between the two.
However, it may have been easier to contend with when you take into the fact that CVS health care venture’s profit is tens of million dollars a year. CVS corporations felt its decision to stop marketing tobacco products made sense and was the right thing to do. The sale of tobacco conflicted with their value proposition, (promise of value to be delivered and acknowledgment on behalf of the customer, reciprocating that value was delivered and experienced) of saving lives and providing people with health care. Additionally, tobacco sales reflected the opposite effect of what was considered to be healthy. Their decision not only gave the company a good reputation, but also contributed to CVS listing as a preferred
One of the largest and most problematic health issues in our society is smoking. Smoking is currently the leading cause of death in our country, due to its harmful and addicting contents, such as nicotine and tobacco. Although millions die from it each year, smoking is the single most preventable cause of death as well. Without smoking, a tremendous amount of money and lives will be saved. I think that our country should ban smoking and the production of cigarettes in order to maintain a healthier nation, help save the environment, and prevent the almost 1000 deaths that they cause in fires each year.
Now, more than ever, more and more people are beginning to look at tobacco use as a major public health concern. It is nineteen ninety nine, and the number of smokers is rising while the average age of smoking initiation decreases. There are those that believe using tobacco of any type should be illegal, or at least restricted. Others believe it is up to the person to choose whether to use tobacco products or not, however most of these people believe tobacco companies should warn their customers of their products harmful affects.
Before investing in any business it’s important to conduct a business analysis. This analysis would cover in detail the strengths; weaknesses, opportunities, and threats (SWOT) of a business. This analysis will assist a fund manager with the decision of whether to invest or not. Reynolds is a very dominant company in the tobacco industry. The have various subsidiaries that keeps them on pace with their competitors.
The tobacco industry kills more people in North America from Monday to Thursday of each week than the terrorists murdered in total on September 11, 2001. That sounds unrealistic, doesn’t it? Well, smoking is an epidemic that affects us all, whether you are a smoker or you aren’t. In order to stop this epidemic, we need to