Preview

Adaptive Selling

Satisfactory Essays
Open Document
Open Document
1176 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Adaptive Selling
TEST CASE
Adaptive Selling1 Mar-07 / 02
______________________________________________________________________________________

Samit Mathur was a new Medical Representative for Ace Pharmaceuticals. He had finished his MSc in Biology from Pune University and had been lucky to almost immediately land a job with Ace which was one of India’s leading pharma companies. . At Ace, Mathur received an intensive two month training programme which focused on product knowledge, but also covered some selling techniques. On completion of his training, Mathur was assigned a territory in the suburban Pune.

Mathur’s territory had a mix of general practitioners, specialists, small nursing homes and medical stores. Although this was his first job, Mathur was enthusiastic because he believed that he had learnt a lot about Ace products during his training period. However, at the end of his month in the field, Mathur was disappointed. He had followed all the selling “steps” suggested by his trainers but he did not seem to be getting anywhere with the doctors and chemists in his territory. Often he had to wait for a long time to meet the doctors who ran private clinics. He was not sure if doctors were prescribing Ace products because chemists seldom ordered even the popular Ace drugs. Mathur wondered if he needed more experience.

At the end of the second month, Mathur’s comfort with his job had not improved, so he spoke to his field manager who suggested that Mathur spend a couple of days traveling with Ajit Palekar, the star Ace MR in the Pune region. At first Mathur was pained at the idea of traveling with another MR who was almost his own age and had worked for just over a year at Ace, however he decided to give it a try and requested his field manager to speak to Palekar and fix up a joint visit the following day. Shortly thereafter, Palekar came up to Mathur and informed him that they could meet at a popular restaurant at Ferguson College Road at

You May Also Find These Documents Helpful

  • Good Essays

    Typically, the career of pharmacists is concentrated on the correct and proper interpretation of prescriptions and the dispensing of products as prescribed (FDA, 2009). They represent as the final check and approval of a pharmaceutical product before it leaves the pharmacy and delivered to the patient for their use. While it is common that the place of work of pharmacists is in a hospital setting many pharmacists offer their practices as clinicians, wellness and health promotion professionals in a community health, as industrial pharmacist, consultants, post-secondary teachers, and owning and running their own pharmacy chains. Whether the practice of pharmacists is private or public their duty continues to focus on the well-being of their patients through correct prescriptions.…

    • 927 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    PharmaCare essay

    • 3754 Words
    • 16 Pages

    The twenty-first century has seen pharmaceutical companies grow in unprecedented size and strength. Due to the unprecedented growth the larger pharmaceutical companies have gained leverage and power in the prescription drug industry, but they lack innovation to market and they seek ways to help the business continue to increase its profits. The pharmaceutical industry was once ethically sound and was a valuable player in the development of human health. However, overtime with the lack of innovation pharmaceutical companies are becoming an unethical market that exploits patients, doctors and anyone else it can to increase its profitability. With eyes only on profitability this can create a hazard for patients because there is deficient testing of the drugs prior to the drugs hitting the American market. In this research paper we will cover the many facets of PharmaCare, Coleria, and Wellco and the drug AD23 side effects, and its manufacturing in an impoverished nation with the low wages and unsafe working conditions. All of which will be covered throughout this document.…

    • 3754 Words
    • 16 Pages
    Powerful Essays
  • Good Essays

    The question that is being asked is, Can individuals live together as one human race? With fiction stories from several different authors, there is evidence from each story to properly choose an answer of yes or no. The three stories are called, “A Quilt of a Country”, “Once Upon a Time”, and “Making the Future Better, Together”.…

    • 223 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    Questions 6

    • 535 Words
    • 2 Pages

    Williams, S.J, Torrens, P.R., (2008). Chapter 11 PowerPoint Slides: The Pharmaceutical Industry. Introduction to Health Services (7th ed).…

    • 535 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Henry Biddle is fifty-two years old. He has spent half of his life working for the same company, Alliance Pharmaceutical, as an assistant researcher. His milquetoast existence consisted of being told what to do and what not to do. Promotions at work passed him by repeatedly. His working knowledge of the various drugs used by Alliance Pharmaceutical in their research was the only reason he was still there. Henry was content to be an assistant with no aspirations of climbing the proverbial ladder of success. He never had the courage to reach out and grab the gusto in life, until now.…

    • 1666 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Pharmacists offer various intermediary and vital services in medicine. Throughout the twentieth century and into the twenty-first, their scope of practice, duties and responsibilities have shifted dramatically, as have the situations in which pharmacists practice (Pharmacists Defence Association, 2008, p. 2). The laws pertaining to these shifting roles and increased responsibilities have failed to emerge in due time (Appelbe, 2002; Appelbe, 2009). Accordingly, they lag behind reality. For example, pharmacists provide care in case of emergencies but also suffer from lack of legal protection from malpractice in such situations, face ethical challenges relative to dispensing some forms of pharmaceuticals and providing consultations for patients (PDA, 2008, p. 2, 3).…

    • 447 Words
    • 2 Pages
    Good Essays
  • Good Essays

    It's surprising how many people out in the world like to think of themselves as amateur pharmacists. They are courageous and idealistic in the way they self-prescribe drugs to treat their ailments or simply get some form of emotional relief. The fact they are non-discriminate in the way they combine prescription drugs, or worse yet, prescription and illicit drugs,…

    • 524 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    JB - HiFi

    • 421 Words
    • 2 Pages

    4. In the report, a summary statistical analysis is often presented. What is the importance of the statement of accounting policies in interpreting these figures? Do you consider that the figures would be of benefit of users of the report?…

    • 421 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Asks “What return will we get on this investment? How will this impact our organization?”…

    • 647 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Q 1. What should Novo Nordisk’s sustainable strategy be in the Chinese market? Please justify your recommendation by analyzing both the potential value created as well as risks offered by possible alternatives.…

    • 917 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Sales Maximization

    • 324 Words
    • 2 Pages

    A reasonable, and often pursued objective of firms is to maximize sales, that is, to sell as much output as possible. Clearly sales lead to revenue, meaning that maximizing sales is also bound to maximize revenue. But as the analysis of short-run production indicates, maximizing sales does NOT necessarily maximize profit. So why do firms do it? Are firms unreasonable? Are they irrational? Do they NOT understand the basic economic principles of short-run production?…

    • 324 Words
    • 2 Pages
    Good Essays
  • Better Essays

    It was in 1986, when Aristopharma Ltd. started its journey with the promise of providing quality medicines at affordable prices. Now, Aristopharma Ltd. is a leading pharmaceutical company in Bangladesh. Its first manufacturing plant, located at Shampur-Kadamtali I/A, 10 km from central Dhaka, is equipped with advanced facilities. The facility is planned and designed to meet the local as well as international demand both qualitatively and quantitatively. Aristopharma 's 2nd plant with 66,000 sq.ft.…

    • 3104 Words
    • 13 Pages
    Better Essays
  • Good Essays

    Unique Selling Positions

    • 656 Words
    • 3 Pages

    The competition is divided between quality photographers and digital photo studios. Our service and photo quality is high compared to other quality professional photographers. Our rates are comparable to theirs, but we add value through personal contact and easy dissemination of digital images.…

    • 656 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Resesarch

    • 4165 Words
    • 17 Pages

    International Journal of Business and Management Invention ISSN (Online): 2319 – 8028, ISSN (Print): 2319 – 801X www.ijbmi.org Volume 2 Issue 1 ǁ January. 2013ǁ PP.55-62…

    • 4165 Words
    • 17 Pages
    Powerful Essays
  • Good Essays

    The Funniest Incident

    • 647 Words
    • 3 Pages

    I got the bus and reached 15, Babar Lane. But surprisingly, when I reached his house, I found the door locked. I was puzzled and thought whether I had come to the right place. After some time, a neighbour of my friend came and asked me, “Why are you standing here? Do you want to meet someone?” I replied, “Yes, I want to see Mr Sudhir living in Quarter No 15.” He immediately quibbled, “But he changed his house last Wednesday and has gone to R K Puram.”…

    • 647 Words
    • 3 Pages
    Good Essays