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Human Relations in Organizations: Applications and Skill Building 8th Edition by Robert Lussier
Edition 8ISBN: 978-0073602370Human Relations in Organizations: Applications and Skill Building 8th Edition by Robert Lussier
Edition 8ISBN: 978-0073602370 Exercise 4
The Altria Group: Just Smoke and Mirrors?
Altria Group is the parent company of Philip Morris USA, John Middleton, and Philip Morris Capital Corporation. Altria Group owns 100 percent of the outstanding stock of these three business units. Philip Morris USA is the largest tobacco company in the United States, with approximately half of the U.S. cigarette market (it makes top sellers Marlboro and Virginia Slims). John Middleton is a leading manufacturer of machine-made large cigars. Philip Morris Capital Corporation's portfolio consists primarily of leveraged and direct finance lease investments. In addition, Altria Group has a 28.5 percent economic and voting interest in SABMiller plc, one of the world's largest brewers (selling Miller Beer).
As you may know, tobacco companies have lost and continue to face lawsuits. However, the Illinois Supreme Court has handed Philip Morris USA a powerful legal victory, throwing out a $10.1 billion class-action lawsuit claiming consumer fraud over light cigarettes.
What unique challenges in organizational communications does this structure pose?
Altria Group is the parent company of Philip Morris USA, John Middleton, and Philip Morris Capital Corporation. Altria Group owns 100 percent of the outstanding stock of these three business units. Philip Morris USA is the largest tobacco company in the United States, with approximately half of the U.S. cigarette market (it makes top sellers Marlboro and Virginia Slims). John Middleton is a leading manufacturer of machine-made large cigars. Philip Morris Capital Corporation's portfolio consists primarily of leveraged and direct finance lease investments. In addition, Altria Group has a 28.5 percent economic and voting interest in SABMiller plc, one of the world's largest brewers (selling Miller Beer).
As you may know, tobacco companies have lost and continue to face lawsuits. However, the Illinois Supreme Court has handed Philip Morris USA a powerful legal victory, throwing out a $10.1 billion class-action lawsuit claiming consumer fraud over light cigarettes.
What unique challenges in organizational communications does this structure pose?
Explanation
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Case summary:
Company ALT is the parent ...
Human Relations in Organizations: Applications and Skill Building 8th Edition by Robert Lussier
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