Hello and thank you for visiting our "Food and Tobacco Industry" blog! As students of American University's Kogod School of Business, we will be analyzing, researching and studying various market aspects of the food and tobacco industry. Topics we will discuss over the next few weeks will range from the economics of the industry to the business ethics of the food and tobacco business. This week's blog postings will focus on the economics of the food and tobacco industry to answer the following questions:
- What are some current events in
your industry? What is the impact of these events on the industry?
- What are the basic economics of
the industry? How do companies make money?
What are their costs?
- What drives revenue growth in
this industry?
- Discuss supply and demand in the
industry.
We hope you enjoy our blog. Thank you for visiting our page!
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