...Florida. (About Publix, 2012) This time period was in the middle of the depression. Jenkins left his secure job at Piggly Wiggly and decided to open his own grocery store. (Gwynn) This store was not only known for the cleanliness and appearance, it was also known for standard for employee relations. In 1935 Jenkins opened his second store on the other side of down town. In the 1940’s Jenkins mortgaged an orange grove that he had received during the great depression to make a down payment on his dream store, as well as Florida’s first Supermarket. (Gwynn)This store had features such as, “Air conditioning, Fluorescent lighting, Electric-eye doors, Frozen food cases, Piped-in music, Eight-foot-wide aisles and Open dairy cases.” (Gwynn) Also there were in store flower and donut shops. He brought in people from all over just to visit his “food palace.” (Gwynn) In the 1950’s Jenkins really started living his dream and began his grocery chain, he could now have his “super Markets” start to spread all over. By 1962 there were 85 stores, and by 1969 the company had grown to 150 different locations. (Gwynn) In 1978 the company was grossing $2 billion dollars, and making a profit of more than $32 million dollars. (Gwynn) The in the 1990’s Publix made a huge milestone, the company crossed the Florida-Georgia line and opened a store in...
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...Bottom of Form |Read full version essay Case Analysis : Pharma Industry | |Case Analysis : Pharma Industry | |Print version essay is available for you! You can search Free Term Papers and College Essay Examples written by students!. | |Join Essays24.com and get instant access to Case Analysis : Pharma Industry and over 30,000 other Papers and Essays | | | | | |Category: Business | |Autor: anton 06 June 2011 ...
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...General Mills management team became aware of expansion opportunities in today’s environment of globalization. The stagnation in the cereal market in the United States required the company to expand into new global markets. The philosophy of diversification had for the most part been a success resulting in the expansion into five unrelated industrial areas. Historically the companies’ efforts to branch into some areas outside the food area are of concern. These unrelated areas of growth have been unsuccessful. The resulting financial losses were an impetus of anxiety and concern to the shareholders and brought forth Wall Street skepticism. It is my opinion that the strategic planning process is flawed. Corporate strategy is and must be the overall managerial game plan for a diversified company; it extends companywide, an umbrella over all a diversified company’s group of business. The crafting of corporate strategy for a diversified company involves four kinds of initiatives and it is evident that these initiatives are successful in related industries since these market related acquisitions have resulted in a net profit increase. Management must be aware that the overall responsibility of corporate strategy is the responsibility of all corporate managers. Senior corporate executives normally have lead responsibility for devising corporate strategy and for choosing among whatever recommended actions bubble up from lower level managers. Key unit heads may also be influential, especially...
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...Executive Summary Cardinal Health is a Fortune 22 company known as the business behind healthcare in America. Cardinal Health helps pharmacies, hospitals and ambulatory care sites focus on patient care while reducing costs, improving efficiency and quality, and increasing profitability. Cardinal Health was founded in 1971 by Robert D. Walter, who initially opened a small distribution center in Columbus, Ohio. In less than ten years, the then-named Cardinal Foods became a prominent regional food distributor until branching into pharmaceutical distribution in 1979. That same year the company purchased a drug distributor based out of Zanesville, Ohio, and re-branded itself as Cardinal Distribution. The company re-branded itself a third time in 1983 while also going public. Following their NYSE debut, the company grew rapidly throughout the 80's and 90's with the acquisition of more than a dozen U.S. drug distributors. By 1991, Cardinal Health had reached revenues exceeding $1B. By 1994, Cardinal Health had established itself as a leader in the drug distribution business with a nationwide presence and annual revenues of approximately $6B. Today Cardinal Health boasts $100+B in annual revenue. Board Composition Cardinal Health's Board of Directors has remained mostly the same preceding and after Sarbanes-Oxley legislation. The Board is composed of independent industry experts within Healthcare, Technology, and Academic fields. Some of the organizations represented...
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...Product Liability Management Victor Adejayan Dr. Dianne Barrs Strayer University LEG 500 September, 2012 Product liability is the responsibility of a manufacturer for injury or loss caused by its product (Dictionary.com). Product liability serves to protect the public but it is may turn out to be very expensive to organizations. Management has the duty of making sure that organizations’ resources, especially funds and reputation, do not suffer unnecessary attrition and damages through the implementation of effective, affordable product liability programs. It is important to have people in management that possess the skills such needed to solve liability issues in the legal arena, most importantly before they occur.The challenge of the manager is fulfilling his/hers responsibilities by generating profit in business while protecting the interests of otherstakeholders, such as, employees and customers. Though the savvy manager cannot stop people from having the intention and grievances to sue the organization, they can reduce the motive of prospective plaintiffs and in event of a lawsuit happens; effective product liability management mitigates the negative effects on the organization. Management has the duty of making sure the product liability policies and programs of the organization is clear, concise and precise so that the interpretation thereof cannot be turned to work against the organization. Most lawsuits that are directed at organizations arise...
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...can be released back into society. We know this does not work because there are no programs to assist the prisoner in changing their way of life if and when they are released. Secondly to hold dangerous people away from society, and it does this very well, but there are not that many people we need to isolate from society. The truly evil such as Charles Manson, Richard Speck, Jeffery Dahmer, and John Wayne Gacy are the epitome of the word evil. To allow society to express disapproval and society has spoken to these individuals and stated in no uncertain terms what their punishment was. Most prisoners worldwide have come from disadvantaged backgrounds which include; poverty, unemployment, lack of housing, broken families, mental illness, drug and alcohol abuse and domestic violence (Judges Prefer Public Shaming to Prison, 2013). These facts are not meant to be mitigating circumstances for the crime the inmate committed. Each of these facets of life can be overcome when a person asks for help or assistance. Prisons are full of people who have lived under the same conditions. Prison overcrowding has become a serious condition in prisons. There are not enough cells in prisons for all of the convicted criminals. This has led to early releases for offenders who are not ready to return to society and their community. Also some have been released that never should have been released. Overcrowding has and does have a high risk to both inmates and officers. This condition is dangerous...
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...it’s important to conduct a business analysis. This analysis would cover in detail the strengths; weaknesses, opportunities, and threats (SWOT) of a business. This analysis will assist a fund manager with the decision of whether to invest or not. Reynolds is a very dominant company in the tobacco industry. The have various subsidiaries that keeps them on pace with their competitors. Business Analysis of Reynolds American, Inc. Introduction Before investing in any business it’s important to conduct a business analysis. This analysis would cover in detail the strengths; weaknesses, opportunities, and threats (SWOT) of a business. This SWOT will allow an individual or a business to make a more informed decision by using the data gathered in the analysis. As a mutual fund manager, this paper will discuss the analysis of Reynolds American (RAI), Inc. The strengths, weaknesses, opportunities and threats of Reynolds American will be presented to get a clear picture of the company’s position in the industry. This information would to key for any mutual fund manager to make a decision. SWOT Analysis Reynolds American is the third largest company in the Tobacco industry (CNN Money, 2012). It is the parent company of R.J. Reynolds Tobacco Company, American Snuff Company, LLC, Santa Fe Natural Tobacco Company, Inc and Niconovum AB. (Reynolds American, Inc., 2012) RAI ‘s main products are manufacturing cigarette and smokeless tobacco products. The strengths...
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...SPLITTING THE CHECK: AN IN-DEPTH LOOK AT DARDEN RESTAURANTS, INC. vs. BARINGTON CAPITAL GROUP LP Table of Contents Executive Summary 4 Position 5 Sense 6 Uncover 7 Solve 8 Build 9 Achieve 10 Bibliography 23 Executive Summary This is the first paragraph of your executive summary. It should be indented, it should be double-spaced, and it should be in 12 pt Times New Roman font (as should the rest of the body of your term paper). An executive summary should be no longer than two pages (and preferably shorter), and should be written after your paper has been completed. It is a complete summary of your recommendations, and the reader should get a clear picture from this section alone. Assume that the reader reads nothing else. Darden Restaurants, Inc., a multi-billion dollar full-service restaurant company, is facing – and will be facing many difficult challenges. In addition to billions in lost revenue from the economic downturn and a severe shortage in their most served menu item, they have recently been challenged by a new minority shareholder who is pressuring them to reorganize their corporate structure. This activist investor, Barington Capital Group, LP, is known for being particularly aggressive and frequently getting what they want. Darden’s revenues are down significantly over the last couple of years in their two flagship – and typically most profitable restaurants, Red Lobster...
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...Walgreens Overview Walgreens Co., America’s premier pharmacy is what Charles R. Walgreen called his neighborhood drugstore that has grown into a nationally recognized fortune 500 company. Charles R Walgreen was born in Galesburg, a small town in Illinois, but shortly relocated to a town sixty miles away named, Dixon, Illinois. Dixon is where the dream of Walgreens Co. began. At the age of sixteen years old, working in a factory, Charles cut off the top of his middle finger and ended his athletic career. This led him to take a job at Horton’s Drug Store in Dixon, Illinois. Charles absolutely despised this job but needed to do something to get him through school. Once school was out, in 1893 Walgreen relocated to Chicago, Illinois where he discovered that the drugstore industry wasn’t so bad after all. Walgreen gained knowledge from some of the best pharmacist known to man, Samuel Resenfield, Max Grieben, William G Valentine, and Isaac W Blood. While working with pharmacist he discovered that maybe working for Horton’s Drug Store all of those years ago was going to pay off. Charles realized that in the Chicago area the pharmacy/drugstore was very prominent and that he needed to do something to stand out. When it came to a drugstore/pharmacy consumers had many choices in the Chicago area. In 1901, he had saved up enough money to put a down payment of his own pharmacy. “Walgreen’s drugstore was located in Barrett’s Hotel at Cottage Grove ad Bowen Avenue on Chicago’s...
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...can be released back into society. We know this does not work because there are no programs to assist the prisoner in changing their way of life if and when they are released. Secondly to hold dangerous people away from society, and it does this very well, but there are not that many people we need to isolate from society. The truly evil such as Charles Manson, Richard Speck, Jeffery Dahmer, and John Wayne Gacy are the epitome of the word evil. To allow society to express disapproval and society has spoken to these individuals and stated in no uncertain terms what their punishment was. Most prisoners worldwide have come from disadvantaged backgrounds which include; poverty, unemployment, lack of housing, broken families, mental illness, drug and alcohol abuse and domestic violence (Judges Prefer Public Shaming to Prison, 2013). These facts are not meant to be mitigating circumstances for the crime the inmate committed. Each of these facets of life can be overcome when a person asks for help or assistance. Prisons are full of people who have lived under the same conditions. Prison overcrowding has become a serious condition in prisons. There are not enough cells in prisons for all of the convicted criminals. This has led to early releases for offenders who are not ready to return to society and their community. Also some have been released that never should have been released. Overcrowding has and does have a high risk to both inmates and officers. This condition is...
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...1969, it was incorporated and, by 1972, it had obtained listing on the New York Stock Exchange .In the financial year ending in 2007, the global Fortune 500 list ranked Wal-Mart at the top of the list, with revenues of US$351 billion. Wal-Mart constantly emphasized its corporate philosophy of strengthening its relationships with employees, suppliers and customers. Building its own transportation systems had allowed Wal-Mart to enjoy transportation cost savings and had helped Wal-Mart to deliver products to its various stores within 48 hours. Taking advantage of its wholly owned transportation capabilities, Wal-Mart was four times faster than its competitors in replenishing its merchandise. The pricing of its products was economical and prices were allowed to vary daily. On the procurement side, owing to the huge volume of its purchases, the company enjoyed strong bargaining power. Reliably low prices of Wal-Mart ensured that sales volumes were consistently elevated. Wal-Mart’s retailing activities were operated by three primary subsidiaries: Wal-Mart International, Sam’s Club and Wal-Mart Stores Division US. In addition, Wal-Mart had nine different retail formats for its businesses: restaurants, cash-and-carry stores, membership warehouse clubs, apparel stores, soft discount stores, bodegas (small markets), supercenters, food and drug stores, and general merchandise stores. Global Strategy, Local Focus With the opening of a Sam’s Club near Mexico City in 1991, Wal-Mart...
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...Strategic Research About the Lenovo Technology Company Kehao Wang (Leo) 1011906 Northwood University MGT- 4800- 02 Doctor Susan Dennett Oct .11.2014 Abstract Lenovo is a Chines multinational computer. It leads Chinese electronic industry market because it has successful competitive strategy and excellent management. As a one of global the Fortune Top 500 enterprises, and became the world’s largest personal computer manufacturer in 2013. (1) The Lenovo is worth research. Introduction Lenovo Group Ltd. (stylized as Lenovo) is a Chinese multinational computer technology company with headquarters in Beijing, China, and Morrisville, North Carolina, United States. It designs, develops, manufactures and sells personal computers, tablet computers, smartphones, workstations, servers, electronic storage devices, IT management software and smart televisions. In 2013 Lenovo was the world's largest personal computer vendor by unit sales. It markets the ThinkPad line of notebook computers and the Think Centre line of desktops. Lenovo has operations in more than 60 countries and sells its products in around 160 countries. Lenovo's principal facilities are in Beijing, Morrisville and Singapore, with research centers in those locations, as well as Shanghai, Shenzhen, Xiamen, and Chengdu in China, and Yamato in Kanagawa Prefecture, Japan. It operates a joint venture with EMC, Lenovo EMC, which sells network-attached storage solutions. It also has a joint venture with NEC, Lenovo...
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...FORTUNE -- It was a humiliating moment. Congressman Edolphus Towns was upbraiding a top Johnson & Johnson executive. Certainly Towns (D-N.Y.), the chairman of the House Committee on Oversight and Government Reform, has browbeaten his share of CEOs and Wall Street titans. But it's not the sort of thing that usually happens to J&J. At this hearing in May, though, Towns laid into the health care giant. "The information I've seen during the course of our investigation raises questions about the integrity of the company," he boomed. "It paints a picture of a company that is deceptive, dishonest, and has risked the health of many of our children." That's a damning indictment for any business, but an especially shocking one for Johnson & Johnson (JNJ, Fortune 500), one of America's most iconic and trusted brands -- the one whose products you give your children. For more than a century J&J has built a sterling reputation as the maker of such products as Band-Aids, Baby Shampoo, and Tylenol. It considers its business a mission -- at least according to its credo, which pledges responsibility first "to the doctors, nurses, and patients, to mothers and fathers and all others who use our products and services." But serious questions have been raised about the quality of numerous J&J products. Since September 2009, McNeil Consumer Healthcare, the J&J division that makes over-the-counter (OTC) drugs, has announced eight recalls, including one for an estimated 136 million...
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...30th, 2015 Whole Foods Market brands themselves as “America's Healthiest Grocery Store.” They were founded in 1980, when four local business people decided that the natural food industry was ready for supermarket format. They started with one small store in Austin, Texas and now are the worlds leader in natural and organic foods, with 431 stores in North America and the United Kingdom. Much of the growth of this fortune 500 company, has been accomplished through mergers and acquisitions. They operate as a high profitable corporation while maintaining an aura of commitment to social justice and environmental responsibility. Although Whole Foods Market operates on a profit, it also has established three non-profit organizations; Whole Kids Foundation, Whole Planet Foundation, and Whole Cities Foundation. 100% of donations help to support and achieve the mission of each of these organizations. Many of Whole Food Markets distributors and global partners are contributors to these organizations. Whole Foods Market is not only a highly successful business, but a movement in shaping the future of a world that values human creativity, diversity, and individual choice. Whole Foods Market, the first National Certified Organic Grocer in the United States, is a Fortune 500 company and ranked as the 10th-largest food and drug store in the United States. The four founders of Whole Foods Market were John Mackey, Renee Lawson Hardy, (owners of Saferway Natural Foods), and Craig Weller and...
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...Fall 2014 Accounting 501 Term Paper Whole Foods Market, Inc. Financial Analysis Whole Foods Market, Inc. Based in Texas December 2014 Executive Summary Whole Foods Market, Inc. has been in operation for over 30 years, and has since demonstrated a very successful business model that continues to benefit all stakeholders. When the first Whole Foods Market store opened in 1980, business owners John Mackey and Walter Robb had no idea they would become the 8th largest public food and drug retailer in the U.S., nor did they know at the time that they would soon rank #232 on the Fortune 500. In 2005, the firm hit a major milestone reporting six stores averaging roughly $1 million per week. Now they have more than 50 stores averaging at least $1 million or more. In 1985, the Declaration of Interdependence was crafted by 60 team members. The document was last updated in 1988, 1992, and 1997. The piece proclaims the party’s vision of instilling a clear sense of interdependence among various stakeholders, and validating the contingency upon their efforts in communicating more often, more openly, and more compassionately. The idea behind this concept is the fact that better communication in turn equals a greater understanding, and therefore more trust. Today food retailing is more competitive than ever with an ever-growing demand for fresh, healthy foods. However, Whole Foods’ industry-leading metrics complement their ability toward innovation and display of high...
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