Altria Group Inc. (MO) and Philip Morris International, Inc. (PM) Essay

Altria Group Inc. (MO) and Philip Morris International, Inc. (PM) - Essay Exampleoer the years, the conjunction has introduced incompatible product lines with different brand names in order to attract different types of customers. This aspect has played a significant role in reducing the risks and uncertainties associated with concentrating on a private product. Beside tobacco it has focused on wine production. Some of the wine brands include Chateau Ste Michelle, Snoqualmie, Erath.The company has a distinct structure led by the board of directors. In addition, the company is divided into different departments depending on the study of specialization. This is to ensure that each sector specializes on a specific task. For instance, marketing and financial sectors operate differently. This has enabled the subordinates to pass water independently and maximize on their argonas of specialization. This aspect has been critical in the overall success of the company.Philip Morris Inter national, Inc. (PM) is a spheric multinational firms based in United States that deal with cigarette and tobacco production. The companys products are sold in over 200 countries across the world. The company is mainly known for its best selling product of Malboro (Luo 352). With over 15% of its products being sold outside the United States, the firm has been able to spread and segment the global market. This is despite the increasing levels of competition which has emanated from the debut of multinational companies which have a considerable financial base to position their products strategically in the market and create a barrier of entry for other interested investors.Before, 2008, Philip Morris International, Inc. (PM) was an operating company under the Altria Group. The idea behind the formation of the company was to forget the firm with an opportunity to pursue the emerging markets. This was aimed at increasing sales and revenues of the firm and enabling the company to avo id the challenges faced by companies in relation to US corporate ownership. The firms