An Analysis of GlaxoSmithKline
The business that I have done research into is GlaxoSmithKline. This
company is a globalised research-based pharmaceutical public limited
company. Its ownership structure has changed a great deal since the
original company was first established in 1715. Originally a pharmacy,
the company has expanded, merged with and taken over other companies
over the decades. The last of these was the merger between Glaxo
Wellcome and SmithKline Beecham, which formed the current company of
GlaxoSmithKline.
GlaxoSmithKline’s business is to discover effective medicines and
healthcare products for people throughout the world and create
shareholder value. They are one of the world’s leading producers of
prescription medicines, vaccines and consumer healthcare products
(Toiletries, Drinks). These products include SEROXAT/PAXIL, AUGMENTIN,
WELLBUTRIN and ZOTRAN, all of which are pharmaceutical products.
AQUAFRESH, LUCOZADE, NIQUITIN CQ and SENSODYNE, these are known as
consumer healthcare products. HEPATITUS and INFANRIX, which are
vaccines. The company provides over 7% of the total global
pharmaceutical sales and supply 24% of the world’s vaccines. They
manufacture and distribute more than 10 million packs of medicine
every day.
GlaxoSmithKline now has a Board of 13 Directors, and a further 15
members of The Corporate Executive Team. These members are the
Presidents of the various global and national departments.
Below I have set out a table to show the Advantages and Disadvantages
of a public limited company.
ADVANTAGES
DISADVANTAGES
Shares offered for sale on the stock exchange, so that large amounts
of capital can be generated.
Shareholders protected by limited liabilit...
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...ibit the already
efficient practices from continuing. This would therefore have a
knock-on effect to reduce the overall production sites and
effectiveness of the other parts of the company.
The practices already in place help the Group to achieve its
objectives by;
Continually reviewing its source of supply-This meets the objective
of focus on performance, supply and cost
Continually applying quality management-This meets the objectives of
absolute attention to compliance and team work and talent expression
Continually benchmarking other companies- This meets the objective of
focusing on their own performances to meet the aim of being a world
leader.
Continually reviewing its practices through out the Operational
Excellence program- This meets the objective of streamlining the
processes used within the GMS
Bibliography
1) WWW.GSK.CO.UK
In the book, “Into the Wild” by Jon Krakauer, the main character Christopher McCandless is foolish,brave, and psychotic. He is foolish for dropping everything to go on an impossible “hike” through the Alaskan backcountry, brave for sticking through it, and psychotic.
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He went through many obstacles that could have proved fatal. From canoeing in the Colorado River to picking the right berries, he was testing his intelligence. Chris had a true confidence in the land and in himself to set out on a mission so dangerous. “Wilderness appealed to those bored or disgusted with man and his works. It not only offered an escape from society but also was an ideal stage for the Romantic individual to exercise the cult that he frequently made of his own soul. The solitude and total freedom of the wilderness created a perfect setting for either melancholy or exaltation” (Nash; Krakauer 157). Chris longed to escape from society and rely on only mother nature. An innumerable amount of people desire to withdraw from society as Chris did; but they are so comfortable and secure with a normal life they do not dare take such a gutsy
He took everything in his life to the extreme. As stated earlier, “It is hardly unusual for a young man to be drawn to a pursuit considered reckless by his elders; engaging in risky behavior is a rite of passage in our culture no less than in most others. Danger has always held a certain allure….”(Krakauer 182). People want to live while their young, therefore they take risks. However, what McCandless did was more than just risk taking. He contained something along the lines of an excessive hubris. ‘“He didn’t think the odds applied to him. We were always trying to pull him back from the edge,” vocalizes Walt McCandless (Krakauer 109). Trudging into the vast Alaskan wilderness without proper provisions is taking the extreme too far. As Krakauer states, “...[Chris] was fully aware when he entered the brush that he he had given himself a perilously slim margin for error” (182). Only someone with an extensive hubris would commit an act so dangerous and be confident in their survival. Although he lent himself to a handful of stupid mistakes, McCandless was far from an idiot. Even though the extreme he took his Alaska adventure to was ill-advised, there is something about Chris that is almost admirable. Many people have dreams and passions that get shoved into an old chest and are never to be visited again. In today’s society it seems as though everyone is
An individual who may be seeking employment with any three of Johnson & Johnson’s segments of operation may find a promising career. There are diverse opportunities with Johnson & Johnson Corporation related to the medical field and incentives to further education and environmental contribution aside from a career. Johnson & Johnson Corporation was founded in 1886 as a medical device company which later grew into a multinational medical device and pharmaceutical company. The headquarters are located in New Brunswick, New Jersey and the consumer division is located in Skillman, New Jersey. Johnson & Johnson Corporation includes about 250 subsidiary companies with operations in over 57 countries and products sold in over 175 countries.
Christopher Johnson McCandless was a hiker who also went by the name Alexander Supertramp and ventured into the Alaskan wilderness in April 1992 with a bit of food and equipment, hoping to live in isolation. Almost four months later, McCandless's body was found, weighing only 30kg. His story shocked many people and got the attention of magazine writer Jon Krakauer. At First he wrote a small article in the magazine Outside that sparked a lot of controversy with the readers. Since Krakauer got a lot of attention from his article, he decided to do more investigation on McCandless’s journey. Krakauer end up writing the book named Into the Wild and explains with plenty of detail McCandless’s life before his journey to the wilderness. Now a days, most teenager or young adult would never give up the life they have, because the way were so attach to electronics and our surroundings, for Chris McCandless is a different story he gave everything he had in life to go out and live a life in seclusion that caused him his death.
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Being presented with the problems in the implementation of the SAP ERP system, it is evident that Novartis Pharmaceuticals requires a comprehensive action plan that resolves key issues and the underlying problem. Refer to Exhibit A for a graphical representation of the action plan.
Since time immemorial, society has become increasingly complex, leading otherwise successful people to retreat to their origins. This is often due to an inability to adapt and find true happiness in mainstream civilization. The case of Christopher McCandless from the film Into the Wild is no exception to this rule. Mr. McCandless divests himself of his identity and retreats to the wilderness of Alaska. This journey was what eventually led to his ultimate demise. While it is clear that he was courageous in embarking on this quest, it was unfounded in logic and born of arrogance, stupidity and recklessness. Mr. McCandless knowingly demonstrated a lack of regard for his own life and safety by making several poor decisions. Moreover, he carelessly and selfishly gave up a life of privilege that many covet. Furthermore, Mr. McCandless showed regret for his decisions, further proving his initial recklessness. Based on this, it is clear that Christopher McCandless’ reckless actions that led to his death were founded in arrogance and stupidity. For this reason, he must take responsibility for the ultimate outcome.
Revolution is not the answer. Revolution is a building block of the way Society is now. The power of control simply shifts hands and continues on a slightly altered path. ‘Power to the people’ is a common thread that runs through revolutionary manifestos, and is lost as soon as the current oppressors are vanquished and the new ‘few’ assume power.
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Since its humble beginning as a small drugstore, Merck has placed a large amount of importance on improving the health and well-being of its customers. As drug patents expire and genetic forms of their top products become available, Merck’s strategy is to do the unexpected; instead of raising the price of their older products in favor of patent protected new drugs, Merck focuses on reducing their cost in order to better compete with their generic counterparts. Additionally, Merck’s plan for growth now encompasses a much more aggressive pursuit of new drugs in their pipeline through extensive research. Merck became the second largest health care company in the world after the merger with Schering-Plough in 2009 and has contributed great discoveries like the first cervical cancer vaccine and great resources like the Merck Manuals which are utilized as a source of information to doctors, scientists and consumers worldwide .
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