CFA Institute Industry Guides: The Tobacco Industry
Sold Out / Out of Stock
Condition: USED (All books are in used condition)
Condition - Very Good The item shows wear from consistent use, but it remains in good condition and functions properly. Item may arrive with damaged packaging or be repackaged. It may be marked, have identifying markings on it, or have minor cosmetic damage. It may also be missing some parts/accessories or bundled items.
CFA Institute Industry Guides: The Tobacco Industry
The global tobacco industry, which generated aggregate revenues in excess of US$770 billion in 2012, is a tale of two markets. In developed markets, industry volumes are in decline because of tax increases, tightening regulations, demographic changes, and a propensity to trade down to lower-cost products due to limited disposable income growth. In contrast, in emerging markets in Asia, the Middle East, and Africa, aggregate consumption is on the rise because of population growth and economic development. In this comprehensive examination of the industry, the author provides an overview of key consumption drivers, new product development initiatives, and the regulatory and legal landscape, as well as practical guidance for effective analysis of publicly traded tobacco companies.