UB Viewpoint – Tobacco industry causes business disease, too 

Posted: 1:00 am Tue, November 12, 2002
By admin

<TAB>Recent advertisements claim that cigarette companies engage in deceptive marketing practices targeted toward youth. Court cases and settlements have required cigarette manufacturers to pay billions of dollars in damages. Should the business community be concerned about these developments?<@SM><@SM><table width="50%" align="right" cellspacing="1" cellpadding="2"><tr><td align="center"><img src="/newspics/davidlevy.jpg" alt="David Levy"><div align="center"><font face="times" size="2"><i>David Levy, a professor of economics at the University of Baltimore, says a reputation for good business practices is important, perhaps more so than ever. With the fallout from Enron, all firms have suffered. The tobacco manufacturers have also hurt business by failing to act in a responsible manner.</i><hr></font></div></td></tr></table>