Swot Analysis in Pharmaceutical Industry - 5127 Words

History of SWOT In the 1960’s and 70’s, Albert Humphrey is said to have developed this strategic planning tool using data from the top companies in America at the time. A SWOT Analysis looks at the strengths, weaknesses, opportunities and threats that are relevant to an organization in a new venture. A SWOT Analysis is a tool which allows users to look at the direction a company or organization may wish to move towards in the future. A SWOT Analysis is a useful tool, which in conjunction with others can help make informed decisions. Definition of SWOT Many people see SWOT as synonymous with strategic planning. In fact, a SWOT analysis is only one of many tools that can be used in an organization’s strategic planning process. SWOT†¦show more content†¦Ã¢â‚¬ ¢ Consider bringing in sympathetic outsiders who know your business and market (eg customers and suppliers). †¢ Many businesses find a consultant most useful for their first SWOT analysis. 1.2 Brainstorm the issues. Ask everyone to identify any strengths or weaknesses they feel the business has, and any opportunities or threats they think the business faces. †¢ Encourage participants to make suggestions without trying to judge how important the issue is. †¢ Concentrate especially on identifying weaknesses and threats. †¢ Be aware that lack of honesty is a common problem. For example, most people find it easier to identify strengths and opportunities, particularly if the performance of key people (including yourself) is one of the weaknesses. †¢ You may want to use checklists to prompt further suggestions †¢ Organize related ideas into groups. Recording suggestions on Post-it notes or cards that can be moved around and rearranged makes this easy. 1.3 Evaluate the significance of the issues that have been identified. To help you, use relevant data from your own and similar businesses. †¢ Update your conclusions from any previous SWOT analysis. For example, a strength may no longer exist (e.g. if last year’s cutting edge product is now obsolete). †¢ Assess whether your strengths (or weaknesses) give your business a significant competitive advantage (or disadvantage). For example, yourShow MoreRelatedAnalysis And Evaluation Of The Business And Financial Performance Of An Organization1365 Words   |  6 Pagesand how to work on project. Reason for choosing this topic I glanced at information pack from OBU and in that they offered wide variety of topics to choose from evaluation and analysis of organisation to critical review of key factors affecting organisation or brands. But topic no. 8 made most sense to me which is â€Å"Analysis and evaluation of the business and financial performance of an organisation over a three year period†. Reason is my incline towards handling financial data and number crunchingRead MoreSwot Analysis : Pfizerswot1262 Words   |  6 Pages 3. ANALYSIS The report will now apply the concepts discussed in the previous section to the specific case of Pfizer. The analysis will help to determine whether this company has achieved a competitive advantage. 3.1. SWOT analysis Pfizer’ SWOT analysis is summarized in two tables. Table 1 focuses on the external analysis. Table 2 is devoted to the internal analysis. Table 1 Pfizer’ external analysis Opportunities Threats Industry environment: - Threat of entry: The threat of entry is low becauseRead MoreNew Pharmaceuticals Environmental Analysis : Crossroads Pharmaceuticals942 Words   |  4 PagesQuintessential Pharmaceuticals Environmental Analysis As a wholesale supplier of organic and specialty drugs, Quintessential Pharmaceuticals Suppliers desires to be a vital supplier for CVS Health Corporation, which provides help to millions daily on their path to a healthy life. The following environmental analysis of Quintessential Pharmaceuticals Suppliers will provide the basic elements of the internal and external elements that affect the organization’s future performance: Political CVS/PharmacyRead MoreSwot Analysis1127 Words   |  5 PagesAllergen SWOT Analysis Name Institution Allergen SWOT Analysis Founded in 1950, Allergen is among the most powerful and effective pharmaceutical companies in United States of America. It is a multi-specialty corporation that has been developing, commercializing and discovering the groundbreaking pharmaceuticals, medical devices etc. The company is best known for its products for neurological disorders, breast cure, obesity control, skin problems, ophthalmological disorders and many more specialtyRead MoreThe Competitive Landscape Of The Industry1268 Words   |  6 Pagescompetitive landscape of the industry in which one is competing, it must understand how to formulate strategies that will create a profitable business. A business must know what it is good at to be able to effectively have a competitive advantage over other businesses within that industry. The profitability of Mylan Pharmaceuticals largely depends on their ability to discover and market new drugs. The desire to cure illness and disease is what demands pharmaceutical companies li ke Mylan to be empoweredRead MoreBlackmores Business Analysis Essay1260 Words   |  6 PagesBusiness Analysis on, Blackmores Ltd Table of content Introduction 2 Strategic business units 3 Internal Environment 4 External environment 6 SWOT analysis 6 References 7 Introduction Blackmores Limited is an industry leader in both natural health and research, basing its principle activity on the development and marketing of health productsRead MoreManagement Report on Square Pharmaceuticals Ltd1736 Words   |  7 Pagesof some manager of Square Pharmaceuticals Ltd. 1.4 Methodology †¢ The entire report was dependent solely on secondary data, taken from the annual report of Square Pharmaceuticals Ltd. and books. †¢ Some primary data were obtained by interview. 1.5 Limitations The limitations to produce this report are as follows:- †¢ The accuracy of the report depends upon the accuracy of the information furnished by our text book and from annual report of Square Pharmaceuticals Ltd. as well. †¢ InadequateRead MoreCvs Sets High Standards For Csr Policies944 Words   |  4 Pagesstakeholders, the regulatory compliance and standards will be met†(CVS, CSR). SWOT Analysis – External Environment Economic Trends Opportunities: The pharmaceutical industry continues to be a major driver of trend. While demand for medicine rapidly increases in emerging economies, a growing number of consumers are also analyzing the economic performance of different medicines. These events will heighten the challenges the industry faces, while also creating major opportunities within the organization.Read MoreStrategic Analysis Of Glaxosmithkline s Foreign Market Expansion And International Operations Essay1138 Words   |  5 PagesThis is a strategic analysis of GlaxoSmithKline that examines the key factors that influence the company and its activities. The strategic analysis will examine key factors in the company’s internal and external environment and their influence on the company’s strategies. GlaxoSmithKline is a global healthcare company that offers pharmaceutical, vaccines and consumer products. The company is a product of various mergers, the latest occurring in 2001 between GlaxoWellcome and SmithKlin e Beecham. TheRead MoreSanofi Aventis Swot Analysis1750 Words   |  7 Pages4 3. Sanofi Business Environment 4 3.1. Political Factors 4 3.2. Economic Factors 5 3.3. Social Factors 7 3.4. Technological Factors 7 3.5. Environmental Factors 8 3.6. Legal Factors†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦8 4. SWOT ANALYSIS†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦9 5.Strategy 9 6. Recommendations 9 7. References 10 Executive summary To conceive a business we must first of all understand its environment which depends on factors that are used in the PESTEL

Business Ethics Annotated Bibliography - 2636 Words

Annotated Bibliography Marvin Wilcox Liberty University Biong, H., Nygaard, A., amp; Silkoset, R. (2010). The influence of retail management’s use of social power on corporate ethical values, employee commitment, and performance. Journal of Business Ethics, 97, 341-363.Retrieved from http://search.proquest.com.ezproxy.liberty.edu:2048/docview/821301766 The authors of this business journal explore the recent activities of today’s retail giants and how their ethical behavior affects their brand, objectives, performance and stakeholders. The authors investigate the origins of certain variables that affect the ethical values of an organization. In addition, a review is performed on how both ethics along with these variables contribute†¦show more content†¦amp; Radin, T.J. (2012). Ethical decision making: Special or no different? Journal Of Business Ethics, 107, 313-329. Retrieved from http://ir.stthomas.edu/ocbeblpub/38/ Theories of ethical decision-making assume it is a process that is special, or different in some regard from typical individual decision-making. Empirical results of the most widely known theories in the field of business ethics contain numerous inconsistencies and contradictions. In an attempt to assess why we continue to lack understanding of how individuals make ethical decisions at work, an inductive study of ethical decision-making was conducted. The results of this preliminary study suggest that ethical decision-making might not be meaningfully special or different from other decision-making processes. The implications of this research are potentially significant in that they challenge the fundamental assumption of existing ethical decision-making research. This research could serve as an impetus for further examination of whether ethical decision-making is meaningfully different from other decision-making processes. Such studies could create new directions for the field of bus iness ethics. Everett, W.J. (1986). OIKOS: Convergence in business ethics. Journal of Business Ethics, 5(4), 313-325. Retrieved from http://www.jstor.org/stable/25071594 The current focus on corporate culture in managerial theory, on character development in business ethics, and on the work/family relationship inShow MoreRelatedAnnotated Bibliography On Effects Of Diversity On Business And Communications Essay858 Words   |  4 PagesAnnotated Bibliography: Effects of diversity on business and communications Bilimoria, D. (2007). Handbook on women in business and management. Cheltenham, UK: Edward Elgar. This complete Handbook specifically presents commissioned unique essays on the communal roles and contexts women face in management and business, women’s role as leaders in management and business, procedures of the organization influencing women, work-life issues and particular career women’s issues in the fields. 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Fearless dominance and the U.S. presidency: Implications of psychopathic personality traits for successful and unsuccessful political leadership.  Journal of Personality and Social Psychology,  103(3), 489 -505. http://library.gcu.edu:2048/login?url=http://search.ebscohost.com.libraryRead MoreAction Plan and Annotated Bibliography on Maintaining Academic Honesty1390 Words   |  6 Pagesthe vice is inexcusable (Rennie, 2010). The whole issue is ethical in nature and is heavily dependent on individual philosophy and morals. Aspiring to higher values and conceptualizing the issue as per the end of all one is doing, is necessary for ethics to hold. Avoiding plagiarism through correct citation not only enhances credibility, it also respects the work of the predecessors. Therefore, learning correct citation systems is an essential part to avoiding plagiarism. 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Peanut Allergies Free Essays

Peanut Allergies What is a peanut allergy? A peanut allergy is a reaction that involves our body’s  immune system. When we have a peanut allergy our immune system thinks that the peanut proteins are harmful and fight against it to protect our body. Peanuts are one of the nine most common  food allergens  in Canada. We will write a custom essay sample on Peanut Allergies or any similar topic only for you Order Now The other eight are: wheat, tree nuts (such as almonds, Brazil nuts, cashews, hazelnuts, macadamia nuts, pecans, pine nuts, pistachio nuts, and walnuts), sesame seeds, milk, eggs, seafood, soy, and sulphites (a food additive). Causes of peanut allergies: * Hereditary * Breast-feeding; But new evidence shows that when a mother eats peanuts, the peanut proteins flow into breast-milk and cause infants to develop the allergy antibodies, as well. * Direct contact. The most common cause of peanut allergy is eating peanuts or peanut-containing foods. * Cross-contact. This is the unintended introduction of peanuts into a product. It’s generally the result of a food being exposed to peanuts during processing or handling. * Inhalation. An allergic reaction may occur if you inhale dust or aerosols containing peanuts, such as that of peanut flour or peanut oil cooking spray. The most popular cause of peanut allergy is called the â€Å"hygiene hypothesis,† which says that people are just too clean these days. The result of the super-germ-free lives we lead and our readiness to treat infection with antibiotics is that our bodies don’t know how to handle certain innocent proteins such as peanuts. Foods that causes the illness: * Peanuts and peanut products. * Tree nuts and their products. * Food that are exposed to peanuts. What are the signs and symptoms of an allergic reaction? An allergic reaction to peanuts can happen within minutes or up to several hours after eating foods containing peanuts. Symptoms vary from person to person, and may progress from mild to severe. Mild allergic reaction: * flushed face and body * itchy eyes, nose, face and skin * tingling, numbness or pain in the lips and tongue Moderate to severe signs and symptoms * swelling of the eyes, face, lips, throat and tongue * hives * cramps, diarrhoea, vomiting * wheezing, coughing * weakness, dizziness * anxiety, distress, sense of fear and doom There are some symptoms of the most serious form of peanut allergies called  anaphylaxis; which are very deadly and life-threatening. When a person is experiencing anaphylaxis reaction, he/she may have difficulty in talking swallowing and even breathing! Scientists have identified 19 peanut proteins–that can trigger anaphylaxis. It works this way: those with the allergy develop specific antibodies, known as IgE antibodies, which react to the peanut proteins. This triggers the release of histamine and other chemicals which cause facial swelling, and constrict the lungs airways and throat making it difficult to breathe. Without a shot of adrenaline, the reaction can cause death. Why is this an important issue that everyone should know about? This is an important issue that everyone should know about because comparing to 1980s the rate of people with peanut allergies has been reported to have increased by 95%. Although there are no hard statistics in Canada, most agree the allergy is on the rise. According to The Food Allergy Anaphylaxis Network, Peanut allergy causes an estimated 15,000 emergency room visits each year and nearly 100 deaths. Safety precautions: . The safest way to avoid a peanut related reaction is to avoid all food and products that contain or may contain peanuts. 2. Other than that, create a plan for how to handle a reaction, just in case one occurs, and tell your friends, family, coaches, and teachers at school about your allergy 3. Always keep a shot of epinephrine, a hormone that controls anaphylaxis reactions. 4. Tell the server in a restaurant about your allergy so that he or she can steer you away from dishes that contain nuts. 5. Always read the ingredients list to be safe. How to cite Peanut Allergies, Essay examples