Tuesday, December 24, 2019
The British American Tobacco Company Essay - 1153 Words
The company that we were assigned is the British American Tobacco company. This company was formed in 1902. When United Kingdom Imperial Tobacco company and the American Tobacco company joined ventures together. British American Tobacco is the 2nd biggest transnational tobacco manufacturing company based in the UK. Therefore, we will be talking about the competitors, industry, external drivers, industry outlook, and advertisement. The key competitors are Phillip Morris International, Reynolds, American, and Imperial (Mintel). With the new trend of people trying to be healthy people are starting to quit smoking. The ways they are doing that is with products that remove the harmful chemicals and slowly lower the dose of nicotine they get to make them quiet (Mintel). Since this opening new products to be launched like the Vype which was launched in 2013 by the British American Tobacco company (Mintel). Then they have competitors like Phillips Morris International who also makes Marlboro which everyone has heard of before (Mintel). They are planning on launching e-cigarette brand a year after British American Tobacco does. Then there is the Imperial company which is bought property from Chinese E-cigarette maker dragonite (Mintel). It shows since people are getting away from all of the harmful chemicals in regular cigarettes that the companies have to improvise in the demand of people wanting E-cigarettes n ow. BAT has a large market presence in countries such asShow MoreRelatedThe British American Tobacco Company: Business Ethics2879 Words à |à 12 Pagesï » ¿The British American Tobacco Company: Business Ethics The British American Tobacco company is a multinational company with over 200 brands that they have developed under the guidance; the company is staggeringly successful, selling 694 billion cigarettes in 2012 (bat.com). 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