000=0 12x=570‚000 x=47‚500 units For Waverly to breakeven‚ the company would have to produce 47‚500 units. b. What cost per unit is relevant for setting a minimum selling price for this order? New Information: Sell: $5‚000 units in foreign market VC for marketing‚ distribution‚ & administrative: $1.50 per unit Fixed Costs: $14‚000 ($2.80 per unit) The cost that is relevant is the cost at which the sale price and the cost to make the product are equal. Where does
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INDIAN PHARMACEUTICAL INDUSTRY: A VISION WITH ITS STRENGTH AND WEAKNESS Dr. A. SELVARAJ* ABSTRACT The future of Indian pharmaceutical sector looks extremely positive. Indian pharma companies are vying for the branded generic drug space to register their global presence. Several Indian pharmaceutical companies have acquired companies in the US and Europe and many others are raising funds to do so. The Indian Pharmaceutical industry
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In-Depth Integrative Case 1.2 Pharmaceutical Companies‚ Intellectual Property‚ and the Global AIDS Epidemic In-Depth Case 1.2 1. Do pharmaceutical companies have the responsibility to distribute drugs for a low cost in developing countries? What are the main arguments for and against such an approach? What are the advantages and the disadvantages of giving drugs for free versus offering them at low no-profit prices? The Aids epidemic is responsible for taking millions of lives worldwide
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about the negotiation style of Japanese company is very important. The first etiquette is respect for the hierarchy. The society in Japan is known as an orthodox society and clear hierarchy. It’s shown not only in family but also in social relationship‚ especially in negotiation. Sometimes an American negotiator will assume‚ because he has the authority to bind his corporation‚ that his Japanese counterpart has equivalent authority. This is not always the case. Often the Japanese negotiator will be
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and culture‚ which is primordial for its reputation. It is therefore important to invest in the right employees for the long-term success and quality of service of a company. Human resources (HR) recruitment and selection play a crucial role for company’ success. This case study assesses HR recruitment and practices of Novellas Healthcare firm; a mid-size consultancy company active in Healthcare and Pharmaceutical industry. A structured interview questionnaire combined with company’ website review
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Animal Testing for Pharmaceuticals: Ethical or Unethical? People for the Ethical Treatment of Animals (PETA) is a foundation that has been described as “by far the most successful radical organization in America” (Carlton). The keyword “radical” is a perfect adjective used to describe PETA. According to the co-founder and president‚ Ingrid Newkirk‚ they pursue total animal liberation from serving humans which clearly means no meat and dairy‚ but also means no medical research using animals. PETA
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Pharmaceutical Industry - Key Success Factors There’s a time for everything. For Dr Ramakanta Panda‚ it was time to build a ’modern hospital’ in India. As a cardiac surgeon from the prestigious Cleveland Clinic‚ US‚ he was known for his super-safe hands. But his ideas proved too radical for the design team. Whoever heard of picture windows to ward off ICU psychosis? Or counselling areas for patients’ relatives? How would cafeteria‚ convenience store‚ library‚ public booth‚ Internet access‚ and
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Cisco that hindered corporate turnaround or changes? What were the main reasons behind? How would Cisco prevent this from happening? In order to make corporate strategy succeed‚ one of the most important conditions would be the alignment between IT and corporate/business strategy. If IT system is effectively aligned with corporate strategy‚ it would work as a critical tool for management team for their major decisions. An effectively-designed IT system would also facilitate organizational changes
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CHAPTER ONE 1.0 INTRODUCTION 1.1 OVERVIEW OF PROJECT MANAGEMENT What is project management? Project Management Institute (2008) defines it as the application of knowledge‚ skills‚ tools and techniques to project activities in order to meet or exceed stakeholder needs and expectations which involves balancing competing demands among scope‚ time‚ cost and quality. With each project‚ unique tasks are completed in a specified period and contribute to the final result. In contrast‚ ongoing operations
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INTRODUCTION Performance evaluation of a company is usually related to how well a company can use its assets‚ share holder equity and liability‚ revenue and expenses. Financial ratio analysis is one of the best tools of performance evaluation of any company. In order to determine the financial position of the Square Pharmaceutical Limited and to make a judgment of how well is the efficiency of Square Pharmaceutical Limited‚ its operation and management and how well the company has been able to utilize its assets
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