OL-326 Final Project

1 Case study analysis of ITC Co., Ltd. will conduct a detailed analysis of strategic proposals based on the expectation of corporate social responsibility. Analysis explores the social responsibility of the organization, the main characteristics of the main characteristics of the company, strengths and weaknesses. ITC Corporation entered the business world under the name of Imperial Tobacco in India on 10th August 1910. At this time, the company is jointly owned by investors in India and the UK. It is one of the world's leading producer of tobacco and tobacco products. In 1970, Imperial Tobacco India Co., Ltd. was called India Tobacco Co., Ltd., and in 1974 changed its name to I.T.C Limited. On September 18, 2001, the company was called ITC Limited. As an organization, ITC Limited has demonstrated a number of positive attributes. With these benefits, ITC can continue to grow. The first big advantage demonstrated by ITC is that we can anticipate prospects in formulating corporate strategies. Evidence on this point is that the case study "ITC Ltd. must develop a future direction toward the next stage of its life cycle based on the great opportunity for the growth of the tobacco industry" It is. Another advantage built by ITC is its vast distribution network. It is not enough to just be the best producer of tobacco products. The company needs a stable and secure distribution chain to provide food to the production line. It is these positive factors that enabled ITC to continue to grow in a limited way. The most obvious challenge facing the ITC is the use of imbalanced taxation on tobacco products. In 1976, the Government of India established the Tobacco Committee. The Board is "designed to achieve the planned development of the tobacco industry" [Abh 10]. To limit the consumption of tobacco products, the Tobacco Commission has raised the tax on tobacco products. so

2 The United States also imposes imbalanced taxes on tobacco products. This is due in part to the health risks associated with the use of such products. ITC will work with legislators through trade associations to enable new laws to balance tax rates. When studying company strengths, ITC Ltd.'s corporate social responsibility can not be ignored. ITC announced several platforms to focus on social responsibility. According to the case study, "ITC emphasizes this relationship.

OL 326 Advantages and Disadvantages of the Final Project As your world grows and changes, your business must do the same. ITC is still highly dependent on tobacco revenue and regulatory changes that may adversely affect our business. Relationship with tobacco products affects the image of ITC. Although ITC has made a lot of efforts to improve its corporate image, the fact that ITC has many tobacco products in its business transaction makes it difficult to ignore. Prices and incomes are constantly changing due to tax increases on tobacco products. Since ITC Ltd. also faces intensifying competition with other companies, it was necessary to review most plans. Companies in the market today must change constantly. Social responsibility is an important part of every business in the world today. For social responsibility, it is necessary to train companies with a positive relationship with society (Investopedia, 2016)

The ITC LTD was introduced in the last project of OL 326. Overview ITC Ltd. is a very diversified company that is interested in various fields such as becoming a leader in India's tobacco industry. Their market capitalization is close to $ 14 billion, employing more than 29,000 people in over 60 locations in India. ITC Limited was founded in India in 1910 by a British tobacco company. In 2011, ITC Limited was the leading company in the cigarette industry, with a market share of approximately 75%. In a study conducted by Fortune India and Hay Group (itcportal.com), ITC was named Forbes magazine, the world's top biggest company, Asia's "Fab 50", the world's most famous company, and "India" It was. The most respected company "ITC Ltd. is a profitable company with all branches. Major Attributes ITC has many advantages of making a company one of the world's largest large companies. From the beginning, they have a strong and experienced management team.