ITCs cigarette Business Essay Example

ITCs cigarette Business Essay High incidence of taxation continuously has been a deterrent to ITCs cigarette Business. Taxes amount to over 80% of the value added in the cigarette industry, hence making cigarettes increasingly unaffordable to the Indian tobacco consumer. There are about 200 million tobacco consumers in India, and of them, fewer than 14% can afford cigarettes, although cigarettes contributes 90% of total Central and State revenues generated from tobacco sector. Non-cigarette forms of tobacco consumption, constituting nearly 85% of tobacco consumption in the country, contribute barely 10% of Government revenues because of the difficulty of tax collection and the low tax yields that characterize this largely unorganized sector. There has been a prolonged punitive and discriminatory taxation regime at Central and State levels have made cigarettes unaffordable to the majority of tobacco consumers. Also, Non-cigarette forms of tobacco products are largely produced in the unorganized sector characterized by lower rates of tax and ineffective enforcement. As a result, there is a growing migration to lower value forms of tobacco consumption. Just to illustrate, in 2003, the effective excise duty on most tobacco products other than cigarettes is equivalent to about 12% of the net value of the product whereas on cigarettes this component is as high as 140%. Moreover in 2003, VAT was introduced on cigarettes already subject to a plethora of taxes. The export prospects were affected by the uncertainty and diminished market presence caused by the crop holidays in Andhra Pradesh. We will write a custom essay sample on ITCs cigarette Business specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on ITCs cigarette Business specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on ITCs cigarette Business specifically for you FOR ONLY $16.38 $13.9/page Hire Writer As a result, the export attractiveness of Indian tobaccos is caught up in a vicious cycle to the growing detriment of the tobacco farmers. Also, small base of domestic cigarette consumption discourages investment in RD and quality enhancement of tobacco varieties thereby sub-optimizing the export potential of tobacco. There was also threat from contraband trade of cigarettes aided with loopholes in the regulatory framework and lack of effective enforcement. In 2004-05, severe restrictions were imposed on the cigarettes industry with respect to advertisement, sale and consumption of tobacco products with the implementation of the Cigarettes and Other Tobacco Products (Prohibition of Advertisement and Regulation of Trade, Commerce, Production, Supply and Distribution) Act, 2003 (COTPA). All these in totality made cigarette business less profitable and more challenging. As a result, ITC started diversifying into multiple businesses. While exploring new opportunities, for long term growth, ITC depended on its multiple strengths synergies that it could bring about from its existing businesses. We discuss few of such businesses in detail in the following sections. The mill at Bhadrachalam produces 240,000 TPY of papers and boards and has three board machines and two smaller paper machines. The mill produces paperboards for the packaging and graphics segments with a product range that includes Cyber XLPac (folding box boards), Pearl/Saphire Graphik (solid bleached boards) high value boards and the Ecoviron range of recycled boards. It also makes liquid packaging boards for Tetrapak in India. One of the big innovations at this mill has been the commissioning of an Elemental Chlorine Free (ECF) fibre line. This is a state-of-the-art line which meets the effluent norms set by the Ministry of Environment and Forests of the Government of India and thus ties in with the Environment theme in its Triple Bottomline. The Tribeni Tissues unit was initially part of the Wiggins Teape Company, UK from 1961 to 1988. In 1992, it merged with ITC Ltd. The mill and its paper machines were refurbished with the latest technology. It has a capacity of 33,000 TPY with a product range that includes cigarette tissues, fine papers, packaging papers and specialties. The range from papers produced is quite diverse including Cigarette Tissues and Components, Laminating Base Tissue, Acid-Free and Anti-Rust Tissues, Low Grammage Printing Papers, Di cor Papers to Insulation Grade and Medical Grade Papers. The unit is ISO 9001:2000 version and ISO 14001 accredited. ITC has another paperboard facility at Coimbatore, Tamil Nadu which was acquired from BILT Industrial Packaging Company in 2004. This mill manufactures Coated Duplex boards Greyback and Whiteback made with 100% recycled materials and has a single board machine with 90,000 TPY of capacity. The products are continuously monitored for quality using a Siemens DCS system and Measurex QCS system. Quality as in other ITC units is a big focus and the mill has continuously demonstrated quality having achieved ISO 9001, ISO 14001 and OHSAS 18001 certifications. The delivery of rolls and sheets is ensured by a modern Finishing House with short turnaround times. Eco Naturo and Eco Naturo-HS are the two grades of Coated Duplex Grey Back board made from this unit. For almost the first time in India, a customer has the option to buy a higher bulk and stiffness of Greyback Board (GD2 grade) for his carton requirements. The unit at Bollarum near Hyderabad produces 5000 TPY of Cast Coated Papers and Boards, 10,000 TPY of Poly Extrusion coated boards and 10000 TPY of C2S art boards and Ivory cards. It is the market leader in South Asia in carton boards and ranks second in turnover within the Indian paper industry. Most leading Fast Moving Consumer Goods Brands in India use paperboard manufactured at this location. Exports constitute about 20% of sales and cater to international markets in Malaysia, Sri Lanka, Bangladesh, Iran, Australia, UAE, Turkey, China, Singapore, UK, Greece, Germany and USA. The unit is ISO 9001:2000 series accredited.

Othello - A Brief Speach of Act 4 Scene 1.

Othello - A Brief Speach of Act 4 Scene 1. Othello - A Brief Speach of Act 4 Scene 1This presentation is about the way the event that taken place in the scene, tell us something about the characters and their relationships with one another where the power shifts.At the beginning of the play Othello is seen as a moor, an underclass or a foreigner. But still, he is one of the most powerful people in Venice. He is the general, of at that time, one of the most powerful armies in the world. He is even more powerful than Desdemona's father. Even the courts ruled in favor for the Othello to go to Cyprus and marry Desdemona.The second to power from Othello is Cassio. In the beginning of the play Othello chooses Cassio as his lieutenant, to go to Cyprus with him. During which he takes Bianca with him. Bianca and Cassio's s relationship is purely casual; there is no love involved.Illustration of Othello and IagoWhen the courts to go with Othello, to be married in Cyprus, she chooses, Emilia, Iago's wife, as her handmaiden, grant Desdem ona. Iago is also close to Othello, but above his battle expertise and his devotion to the Venetian Army, Othello chooses Cassio him, which angers Iago into stirring contentions in Othello's mind. Earlier on in the play, we see Cassio being stripped from his position as Lieutenant, then the position of a Lieutenant being given to Iago, which is all part of his master plan. This gains Othello's trust in Iago.In the times of Shakespeare, it was socially degrading for a man, to hear from another man, that his wife is cheating on him. It was wise then, that William Shakespeare included mental manipulation in Act 4 Scene 1. This is done to make the audience...

Chemistry Abbreviations Starting with N and O

Chemistry Abbreviations Starting with N and O Chemistry abbreviations and acronyms are common in all fields of science. This collection offers common abbreviations and acronyms beginning with the letters N and O used in chemistry and chemical engineering. Chemistry Abbreviations Starting With N n - nanon - neutronn0 - neutronn - neutron emissionN - NewtonN - NitrogenN - Normal (concentration)n - number of molesNA - Avogadro constantNA - Not ActiveNA - Nucleic AcidNa - SodiumNAA - N-AcetylasPartateNAA - Naphtalic Acetic AcidNAC - Naphthenic Acid CorrosionNAD - Nicotinamide Adenine DinucleotideNADH - Nicotinamide Adenine Dinucleotide - Hydrogen (reduced)NADP - Nicotinamide Adenine Dinucleotide PhosphateNAS - National Academy of ScienceNb - NiobiumNBC - Nuclear, Biological, ChemicalNBO - Natural Bond OrbitalNCE - New Chemical EntityNCEL - New Chemical Exposure LimitNCR - No Carbon RequiredNCW - National Chemistry WeekNd - NeodymiumNe - NeonNE - Non EquilibriumNE - Nuclear EnergyNG - Natural GasNHE - Normalized Hydrogen ElectrodeNi - NickelNIH - National Institutes of HealthNiMH - Nickel Metal HalideNIST - National Institute of Standards and Technology nm - nanometerNM - Non MetalNMR - Nuclear Magnetic ResonanceNNK - Nicotine-derived Nitrosamine KetoneNo - NobeliumNOAA - Nation al Oceanic and Atmospheric AdministrationNORM - Naturally Occurring Radioactive MaterialNOS - Nitrous OxideNOS - Nitric Oxide SynthaseNp - NeptuniumNR - Not RecordedNS - Not SignificantNU - Natural UraniumNV - Non-VolatileNVC - Non-Volatile ChemicalNVOC - NonVolatile Organic ChemicalNW - Nuclear Weapon Chemistry Abbreviations Starting With O O - OxygenO3 - OzoneOA - Oleic AcidOAA - OxaloAcetic AcidOAc - Acetoxy functional groupOAM - Orbital Angular MomentumOB - Oligosaccharide BindingOC - Organic CarbonOD - Optical DensityOD - Oxygen DemandODC - Ornithine DeCarboxylaseOER - Oxygen Enhancement RatioOF - Oxygen FreeOFC - Oxygen Free CopperOFHC - Oxygen Free High thermal ConductivityOH - alcoholOH - hydroxideOH - hydroxyl functional groupOI - Oxygen IndexOILRIG - Oxygen Is Losing - Reduction Is GainingOM - Organic MatterON - Oxidation NumberOP - OrganophosphateOQS - Occupied Quantum StateOR - Oxidation-ReductionORNL - Oak Ridge National LaboratoryORP - Oxidation-Reduction PotentialORR - Oxidation-Reduction ReactionOs - OsmiumOSHA - Occupational Safety and Health AdministrationOSL - Optically Stimulated LuminescenceOTA - OchraToxin AOV - Organic VaporOVA - Organic Vapor AnalyserOVA - OVAlbuminOWC - Oil-Water ContactOX - OxygenOX - OxidationOXA - OXanilic AcidOXT - OXyTocinOXY - Oxygen

Advertising and public relations Essay Example | Topics and Well Written Essays - 2250 words

Advertising and public relations - Essay Example In relation to the present global business environment, it can frequently be observed that marketing activities along with Public Relations (PR) are concurrently deemed as a major focused area. In relation to the various observations from different scholars, it can be said that PR is one of the major, effective as well as versatile tools of marketing communication which enables to enhance the efficiency of each marketing activity. It can be executed both in the internal as well as in the external environment of the organisation. According to the present day context, advertising can be regarded as one of the major marketing activities, which frequently involves various functions of PR. It is increasingly observed that the organisations in the present business environment have become quite prone to face different PR related issues in terms of executing campaigns for their products within the global markets (Zerfass & Duhring, 2012). Emphasising upon the major influence or impact of PR in the advertising and other product campaign activities, the main objective of this report is to discuss an issue which was raised by Greenpeace with the aid of a PR campaign against Nestle. The product which had been focused upon in the PR campaign was Kit Kat, a leading product offering of Nestle. The assault on the established brand of Kit Kat occurred in the year 2010 (Greenpeace, n.d.). Consequently, based on the assessment of the situation faced by Nestle (especially Kit Kat brand) due to the PR campaign, the discussion of this report will be focused on developing an effective PR strategy which can enable Kit Kat to efficiently address different PR concerning issues. Moreover, the discussion in this report will further focus on developing methods of evaluating the PR plan for Kit Kat in the respective area or market. Situational Analysis In relation to the PR issue that was faced by Kit Kat, a globally well-known product of Nestle, it has been observed that Greenpeace, an org anisation which acted as a pressure group, depicted the rather dismal state of affairs which was surrounding behind the gleam and shine of a widely preferred product such as Kit Kat (Shreeves, 2010). Through the dynamic PR campaign, Greenpeace wanted to depict that Kit Kat, a renowned product of Nestle family includes a higher usage of palm oil which is generally derived from Indonesian rain forests, resulting in significant deforestation. The extensive use of palm oil by the company has been significantly threatening the livelihood of the local people in places such as Indonesia as well as it is also drastically endangering inhabitants such as orang-utan towards destruction (Guardian News and Media Limited, 2013). In this regard, the extensive use of palm oil or continuous deforestation initiatives of Nestle has been criticised by Greenpeace. Therefore, in order to take immediate measures towards the deforestation initiatives, Nestle has developed its business plan which ensures to take away the suppliers or companies from its supply chain that are likely to practice deforestation (Greenpeace, n.d.). Greenpeace can be considered as one of the major non-profit organisations, which tends to protect natural environment from a range of organisational activities. Greenpeace is considerably focusing on alleviating numerous issues with regard to different environmental concerns that include global

Ethics Essay Example | Topics and Well Written Essays - 250 words - 30

Ethics - Essay Example the local community was that the company had to deal with a major blow to this reputation given that it is the world’s largest private employer with approximately 2011 sales of $421.85 billion (Brown and Mitchell 592). The scandal prolonged the struggle within the company that pitted publicized commitment to the highest moral and ethical standards against its relentless pursuit of growth. The company lost customers due to the scandal and it is working hard to rev up growth in its U.S. business (DePree and Jude 21). For instance, it is tailoring merchandise to clusters of stores which can attract similar shoppers it had before. At the company’s Sam’s Club division which saw its small business members increasingly strapped, the company lowered its prices on key items to attract customers back (Brown and Mitchell 596). The company is also working hard overseas to increase profitability and sales in markets like Brazil and China. The impact of this ethical issue to other stakeholder groups like Fayetteville Ark who are the company’s executives are expected to make the case to improve the way the company does business overseas as well as outlining new growth opportunities at the world’s largest retailer (Dharmendra & Haikm 1). The company’s stakeholders have faced increased scrutiny from investors over how it has handled allegations of bribery in its Mexican operations which surfaced like a year ago (Heinman 13). Activist shareholders of the company have been denied a chance to vote out the board members like the descendant of the company who is the founder and owns around 50% of the company’s shares (Anja 1). Despite this, the fact remains that the growing dissent has shown a loss of confidence wit the board. The company’s customers and stakeholders no longer have the confidence they had for the company before it was involved in the

Frankenstein - Knowledge As A Force Essay Example for Free

Frankenstein Knowledge As A Force Essay Mary Shelley’s Frankenstein brings out a very prominent and unavoidable theme: the dangers of knowledge. It is often said that there is nothing wrong with learning new things, but Shelley makes it a point to prove that wrong. Dr. Frankenstein’s voracious and successful approach to necromancy proves that very distinctly. Though the novel does not explicitly state that there are things best left to higher powers, the novel does highlight, very pointedly, that a man should act as such, and should not interfere with either that which he is not meant to, or that which opposes the natural way of things. Dr. Frankenstein does both. It is not a matter of controversy that humans are not meant to play God, and reanimating a corpse constructed from the remains of various other corpses falls very firmly in the realm of actions classifiable as both unethical and unnatural. Effectively, the entire book may be paraphrased, as â€Å"Dr. Frankenstein was a perfectly cheerful student, until he played God, following which, his entire life crashed around him, and he lost virtually everyone and everything he loved.† Shelley does not explicitly state that there are things solely in the realm of God, but the books makes it clear nonetheless that some things were made to transcend human knowledge, and that violating this law will have natural and terrible consequences. Shelley wishes, then, to paint knowledge as a formidable force that should be approached with intense caution. Her Frankenstein is a warning. Three of the prominent characters in the novel Frankenstein, Victor Frankenstein, Robert Walton and the monster, all share a thirst for knowledge that ultimately leads to downfall in one way or another. Shelly, in her novel, portrayed how Victor’s journey to seek knowledge led to a life of misery and sadness. Even upon meeting Walton, Victor says, â€Å"You seek for knowledge and wisdom, as I once did; and I ardently hope that the gratification of your wishes may not be a serpent to sting you, as mine has been†(Shelly 62). Although this quote only implies that his downfall was due to the monster, in reality, his downfall began long before even the monster was created, as evidenced by Victor’s (literally) inhumane quest for knowledge. From a very early age, Victor Frankenstein had a thirst for knowledge. He was captivated by the sciences; he spent all his time just studying from the work of the older scientists. In the university, when he was told that all his time spent studying has been a waste, as new discoveries have been made, he became angry. Ironically, his obsession with science became even stronger and he devoted his life acquiring even greater knowledge. This obsession was where it all began. Victor’s quest for knowledge was a selfish quest of sabotage; his obsession to create a life form was so deep that he ignored everyone he knew. This thirst to surge beyond the accepted human limits and access the secret of life led to one disaster after another. Similarly, Robert Walton desires knowledge beyond limits. Walton’s quest to reach the northernmost part of the earth is similar in spirit to Victor’s quest for the secret of life: both seek ultimate knowledge, and both sacrifice the comfort of the realm of known knowledge in their respective pursuits. When Walton says, â€Å"What may not be expected in a country of eternal light?†(Shelly 50). It becomes certain that Walton is ready to surpass any limit for the pursuit of total knowledge. Light in this context, is a symbol for goodness and knowledge. If we closely examine, we discover that Robert Walton possess the same desires as Victor Frankenstein, and can be addressed as â€Å"a potential Frankenstein, another man . . . seeking out ultimate knowledge by conquering the world’s uncharted regions†(Claridge 85). Victor, seeing Walton having the same thirst, warns him; â€Å"Learn from me, if not by my precepts, at least by my example, how dangerous is the acquirement of knowledge and how much happier that man is who believes his native town to be the world, than he who aspires to become greater than his nature will allow†(Shelly 81). Knowledge not only destroys Victor Frankenstein’s life but also of the monster. Firstly, He was the creation of Frankenstein’s desire to gain knowledge. He would have never come to life if Frankenstein had control over his obsession. Secondly, the monster delves deeper into sadness when he acquires knowledge the world has to offer him â€Å"I cannot describe to you the agony that these reflections inflicted upon me; I tried to dispel them, but  sorrow only increased with knowledge. Oh, that I had forever remained in my native wood, nor known nor felt beyond the sensations of hunger, thirst, and heat!† (Shelly 146). If the monster did not have any knowledge, he would have felt none of the emotions or reflections that people have inflicted upon him. Finally, the greatest impact of the monster’s actions is due to the knowledge that of him alone in the world â€Å"I am an unfortunate and deserted creature, I look around and I have no relation or friend upon earth. These amiable people to whom I go have never seen me and know little of me. I am full of fears, for if I fail there, I am an outcast in the world forever, without any love or affection†(Shelly 158), this knowledge, beyond his basic sensations, makes him a so-called â€Å"Monster† and the cause of all mayhem. This, conclusively, is Mary Shelley’s severe warning to the reader. It is a strict warning to the reader to remain humane and reasonable in their quest for knowledge. The text, then, also professes a deep romanticism in that it shows, very clearly, that one should not stray from that which is natural. It preaches that things are exactly how they are, but also warns that knowledge is not something to be trifled with. The text also carries with it, a long standing theme of consequences; Victor defied nature and raised the monster, and it then seemed like everything around Victor was dedicated to driving him to depression or death. Eventually, defying nature got the better of him and he died, desolate and alone, away from his home, and nature claimed yet another human that defied it.

The Sum of All Fears: An Analysis of Institutional Discrimination in the Housing Market and its Effects on The District of Columbia :: Free Essays Online

The Sum of All Fears: An Analysis of Institutional Discrimination in the Housing Market and its Effects on The District of Columbia Owning a home in the neighborhood of one’s choice is central to the American dream. Nearly all people would agree that the right to pursue the American dream should not be restricted for anyone, regardless of race, creed or national origin. But for millions of American citizens, and a majority of the District of Columbia’s residents, major barriers restrict freedom of choice in housing. Even after the passage of two Fair Housing Acts, blacks in America, and specifically in the District, face systematic discrimination that serves to perpetuate segregation and white oppression. After being informed about the topic of this essay, my friend Robert Botta, a Mount Vernon Campus resident asked, â€Å"Why can I walk around this neighborhood all day and not see a black person in a city that is greater than 60 percent black?† (Botta). This question has an extremely important answer, and it lies in the practices used by racist institutions to perpetuate segregation. In our day, the most effective practices are also the most discrete. Steering is the process by which real estate agents show blacks only the homes in â€Å"their† neighborhoods. It is also the first institutional barrier faced by blacks in a struggle for freedom of choice in housing. Obviously steering perpetuates segregation, leading whites and blacks only to neighborhoods where their races are already predominant. In April 1997 the Fair Housing Council of Greater Washington, with funding from the Department of Housing and Urban Development, released a report citing discrimination encountered by African Americans and Latinos when they tried to buy a home in the Washington area. A Washington Post article by Caroline Mayer details the results of the study and conveys the prevalence of steering in the Washington area: White testers tended to receive more prompt attention and were shown more properties within their price range and in predominantly white areas, the report said. Minority testers, on the other hand, were taken to fewer properties and were shown houses in predominantly black or Latino areas. Blacks were often told that they must qualify for a mortgage before being shown any lists; the same requirement was not made of any white tester. (2) Unfortunately, the real estate industry is not the only institutional barrier that blacks must overcome.