This archive file contains BUS 250 Week 3 Assignment Case Study Government Regulation of Tobacco Products…
Tobacco culture Tobacco was colonial Virginia's most prosperous harvest. The tobacco that the primary English settlers encountered in Virginia—the Virginia Indians' plant toxin rustic—tasted dark and bitter to a people palate; it absolutely was John Rolfe World Health Organization in 1612 obtained Spanish seeds, or plant toxin abacus, from the river valley—seeds that, once planted within the comparatively made bottom of the James stream, made a milder, however still dark leaf that…
The conflict of interest issue exists because the government received income from cigarette sales, but the government was also aware that its citizens suffered from life-threatening illnesses and died after smoking cigarettes (Dutta & Venkatakrishnan, 2001). In fact, in India “the tobacco industry was a large contributor to the State Exchequer. In 2000-01 it contributed Rs 8,182 crore which was 12% of the total excise revenue. About 90% of this came from cigarettes” (Dutta & Venkatakrishnan, 2001). This was significant for the Indian government since it was in a financial crisis during that time. Also, “India was the world's third largest tobacco maker, with an annual output of 550 million Kg. Analysts were of the opinion that any control may have an adverse impact on the contributions to the state exchequer” (Dutta & Venkatakrishnan, 2001). Despite fears of these adverse impacts, the Indian government also had to keep the well-being of its citizens in mind. While some analysts focused on the adverse impacts that banning tobacco advertising would have on the Indian government, other analysts “contested claims that the state had to spend considerable amounts on providing healthcare as a result of smoking induced illness” (Dutta & Venkatakrishnan, 2001). The Indian government knew that tobacco was “the most dangerous consumer product known, which…
Throughout history many industries manage to be successful enterprises, recreational substances like alcohol and tobacco have been under scrutiny in modern times. The detrimental impact on the health of our society has become a matter of concern of our government. Tobacco is responsible for more than six million each year. World Health Organization (2012) The origin of tobacco is ancient it is believed to have begun growing in the America’s in 6000 BCE. Borio (2011) Man has found inspiration with this long time leisure. The industrialization and modernizations of farming and advances in technology has increase the proliferation of one of the most profitable industries, the cigarette industry. According…
The tax increase has directly affected the tobacco industry and its consumers as well as the government. These primary stakeholders are the ones that will be impacted the most with the newly introduced government fiscal policy. However, there are more stakeholders to consider, generally all those who supplies and demands cigarettes. These stakeholders include the suppliers and the community on which the business acquires its resources.…
Debt tax shield: increase in debt results in lower taxable income and thus less taxes…
On Columbus’ second voyage, a monk named Ramon Pane described how Native Americans used tobacco. At this point tobacco was not used recreationally, but as a medicine, or hallucinogen during religious ceremonies. The Europeans began using tobacco as a medicine until around 1560 when it began to be used recreationally. In 1561 the Queen of France (Catherine de Medici) declared it be called Herba Regina, which means the Queens Herb. Tobacco was introduced to England in the 1580s, and by the early 1600’s had spread all across Europe. In 1642 tobacco was officially legal tender. Debts, marriage licenses, and fines were paid in paid with tobacco. Tobacco was even used as collateral for a portion of Americas loans from France during the Revolutionary War in 1776. In World War I, people really began to use tobacco recreationally, and it was known as the “soldiers smoke.” Researchers eventually started discovering the negative effects of tobacco use starting in the 1950s. To date, tobacco is known as the number one leading cause of preventable death. Use of tobacco is still increasing in underdeveloped countries, raising 50% in China from 1992-1996. Researchers estimate that one in every ten adult deaths is because of using tobacco, and estimate that in the next twenty years, it will be every one in six. I would say that tobacco was good for being used as legal tender, but that once it began being used for recreational use, it would have been better if it was never…
The seeds need to be germinated and then grown for a length of time sufficient to determine and measure the effect of the mutations on the plant phenotypes. By measuring various characteristics of the growth rates of the germinated seeds, as well as performing experiments to determine the relative amounts of chlorophyll present, we should be able to scientifically describe the effects of the different mutations. Using the total number of the different phenotypes from our class results, we need to determine the type of inheritance pattern that the mutations show.…
This media report outlines the publics impulsive buying of cigarettes upon the government’s mention of the very rapid increase in taxes, thus resulting in an upward increase in price. It mentions the dismays retailers and tobacconists faced due to the tax hike. Further more, mentioning the concerns of philanthropists and other individuals.…
Mankind first came in touch with tobacco approximately eighteen thousand years ago, when migrant Asiatic people first intersected the Bering Strait and extended across the continents today known as the Americas, where tobacco is native (Gately ,2001). Mayan Indians of Mexico engraved a picture in stone showing the use of tobacco. The drawings dated back to somewhere between six hundred and nine hundred A.D. Tobacco was cultivated by American Indians before the Europeans came from England, Spain, France, and Italy to North America. Native Americans smoked tobacco through a cylinder for special religious and medical reasons. In 1612 the colonists of the first American colony in Jamestown, Virginia produced tobacco as a cash crop. Tobacco was the people’s man flow of money. Tobacco helped finance the revolution against England. George Washington also grew tobacco (Health Literacy Organization). Tobacco was said to be a cure- all, and was used to heal wounds, as well as a pain reliever. Tobacco could also heal a toothache (Vernillia R. Randall, 1999).…
The barriers to entry in the tobacco industry are initially low and it is easy for small local and regional companies to enter into the market, but the barriers to enter the market nationally are very high. The economies at scale in manufacturing, distribution costs, and marketing at the national level make it very difficult for start-up companies to enter into the national market. There are substantial costs in raising the capital needed to build manufacturing facilities that can mass-produce tobacco products at the national level. Also, the costs of packaging goods such as cigarettes, at a mass level can generate high costs.…
Tobacco did not just appear in colonial America. The tobacco plant was introduced by John Rolfe to the people of Jamestown (Nobleman 12). John Rolfe also taught the colonists how to farm tobacco (Tunis 77). Though tobacco cultivation seemed to be flourishing, consumers were still getting their tobacco from the Spanish Indies, as the Spanish Indies grew milder tobacco than America (Weeks 1). This motivated John Rolfe to sail to the Spanish Indies and confiscate some of their tobacco seeds ("The Growth of the Tobacco " 2). The tobacco from the Spanish Indies boosted the economic growth of colonial America (2). However, John Rolfe was not the first person to have tobacco in the new world. The Native Americans were the first people to cultivate and smoke tobacco and taught their trade to the Spanish (1). The Native Americans believed tobacco had a medical and religious purpose (Weeks 1). The Spanish farmed tobacco and sold it to the people of England. The people of England then traded with the Dutch, increasing demand for tobacco (Pecquet…
A research, involving 62 men and 63 women of Kerela, 2007, India, conducted by Thankappan et al,(22) on the use of tobacco products revealed that the smoking and tobacco chewing is more prominent in the people belonging to the low socioeconomic group as compared to people belonging to a high socioeconomic group. In addition the author found that mortality and morbidity issues are more common in poor people. This is leading to increased cases of heart diseases, cancer rate of oral cavity and lung cancer in the state of Kerela,…
Tobacco can be found two ways, it can be dried brown leaves of various sizes or it can be a grown form of tobacco. When extracted from the leaves, nicotine is colorless, but quickly turns brown when exposed to air. It then becomes a poisonous, pale yellow, oily liquid with a pungent odor and acrid taste. The amount of nicotine contained in tobacco leaves ranges from 2% to 7%.…
Tobacco is a plant that can be used once it is dried or fermented. Its uses are mainly for smoking or for chewing. It contains nicotine, which makes it very addictive. Tobacco is also a nervous system stimulant and affects numerous things in the human body such as the heart rate or blood pressure. Tobacco in history was known to have aided people’s medical problems and was also a release for many people. That is also something that people believe it is used for today; as a release for its users. Tobacco was known to have been a plant that was used in the Mayan era, in 6000 BCE, for recreational purposes and for religious purposes. It wasn’t seen anywhere else, or has not been documented if it was, however historians have found artworks with…