For the past several months, Bulacan-based tobacco manufacturer Mighty Corp was struck by several allegations such as technical smuggling and tax evasion.
A leading researching firm, AC Nielsen conducted survey few months ago, and they did a conclusion that the company did the unlawful act to the government.
It’s an act of misjudgement and trial by publicity that they did to the company. Without substantial evidence made by the rivals and the firm conducted the research, it’s questionable in all aspect of the report. At first, they must do their thorough study about the subject matter.
With the study that the research group did, they want to misled people about Mighty. If they want to prove that Wongchuking-owned company lied to the government, they must have gathered info about it. They must publish the facts not damaging a company's reputation.
According to the said report, the data computed called Lowest Cost Assumption that lead to the conclusion that the Bulacan-based company is doing their business at a loss. The company were able to sell 1 peso per stick due to the cost efficiently.
In 2013, the company paid 8 billion pesos in tax. Mighty's jump to 20% control of the market and from 7% was due to efficiency of their ability to produce the quality preferred by the local market at the price that they are willing to buy.
Therefore, the burden of truth in this trial by publicity still rest on the ability of the accuser to present the scientific basis of their evidences. If the “Economic Report” is devoid of this scientific basis, it is foolishness on the part of Mighty Corp's competitors and critics to accept their conclusion and continuously put them to trial.
A leading researching firm, AC Nielsen conducted survey few months ago, and they did a conclusion that the company did the unlawful act to the government.
It’s an act of misjudgement and trial by publicity that they did to the company. Without substantial evidence made by the rivals and the firm conducted the research, it’s questionable in all aspect of the report. At first, they must do their thorough study about the subject matter.
With the study that the research group did, they want to misled people about Mighty. If they want to prove that Wongchuking-owned company lied to the government, they must have gathered info about it. They must publish the facts not damaging a company's reputation.
According to the said report, the data computed called Lowest Cost Assumption that lead to the conclusion that the Bulacan-based company is doing their business at a loss. The company were able to sell 1 peso per stick due to the cost efficiently.
In 2013, the company paid 8 billion pesos in tax. Mighty's jump to 20% control of the market and from 7% was due to efficiency of their ability to produce the quality preferred by the local market at the price that they are willing to buy.
Therefore, the burden of truth in this trial by publicity still rest on the ability of the accuser to present the scientific basis of their evidences. If the “Economic Report” is devoid of this scientific basis, it is foolishness on the part of Mighty Corp's competitors and critics to accept their conclusion and continuously put them to trial.