patients” (Abraham 2010:604). According to Abraham (2010)‚ pharmaceuticalization is currently on an upward spiral and this dramatic increase can be attributed to five different factors. These five explanations are biomedicalism‚ medicalization‚ pharmaceutical industry promotion and marketing‚ consumerism‚ and regulatory-state ideology or policy. Each of these explanatory factors are mutually interactive but competing and it will be explained how this is in the following paragraphs. The biomedicalization
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business of Pharmaceutical companies:- Pharmaceutical companies are not especially big in terms of revenues‚ but they are very profitable. For instance‚ in 2001‚ Pfizer was ranked 127th in the world on total revenue (US$32·2 billion) but 7th in terms of profit.29 The pharmaceutical industry is the most profitable business sector‚ with an average 16·2% profit‚ ahead of financial companies (11·6%) and beverages (10%).30 However‚ net income growth has declined‚ and growth in the value of drug
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1920’s the production industry was on the rise‚ growing at an exponential rate. Business was booming and there were numerous new inventions to help production move faster and cheaper than ever before. One of the better known of these was the introduction of the assembly line by Henry Ford. The line and it’s simple car design allowed him to build a car so fast and so cheap that none of his competitors prices could even compete. Someone once said he could build a car for everyone. Many industries were
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Introduction In 1973‚ the UK based multinational pharmaceutical company‚ ICI plc. Established a subsidiary in Dhaka‚ known as ICI Bangladesh Manufacturers Limited. In 1992‚ ICI plc. divested its share to local management‚ and the company was renamed Advanced Chemical Industries (ACI) Limited. ACI formulates and markets a comprehensive range of more than 387 products covering all major therapeutic areas‚ which come in tablet‚ capsule‚ powder‚ liquid‚ cream‚ ointment‚ gel ‚ophthalmic and injection
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The automobile industry effected much of the American culture. It was making for a new way of life in many ways. However‚ the automobile Industry was one of many that caused a rapid decline in many traditional industries in the 1920’s. The railroad and coal industry was affected by the trucking industry. The American Story states that the biggest hit of all was the American Farmers. Urban workers were also affected but not nearly as much as the farmers. Many of the ways of the American life was being
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Beximco Pharmaceutical Ltd is the manufacturer and marketer of pharmaceutical product under chemical divisions of Beximco Group. Beximco Pharmaceuticals is one of the leading pharmaceutical companies in Bangladesh. It also is one of the biggest suppliers of pharmaceutical product of any Bangladeshi based company. BPL is the first Bangladeshi company to supply pharmaceutical product to Riffles Hospital the most prestigious hospital of Singapore. The study has been carried out with the following objectives:
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The Flour Industry The flour industry was a very popular industry in the late 1800’s. It was also very important because people used it in their everyday foods. Flour was made from wheat so the company needed it. That is why there is so many fields around Minnesota. Always‚ here is everything you should know the about the flour industry. The founder of the Pillsbury flour co. was Charles Pillsbury. He started the company with little money and because he needed a job. Pillsbury did not
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Five P’s of Strategy Alicia Wiley AH543 Healthcare Strategic Mgmt January 25‚ 2015 Henry Mintzberg has proposed the concept of strategy by defining 5 Ps (Mintzberg‚ 1987). Each of the 5 Ps is a different approach to strategy. They are plan‚ ploy‚ pattern‚ position and perspective. Plan Strategy is a plan or future course of action that is consciously intended to deal with the situation and acts as a guideline (Mintzberg‚ 1987). This means that any act done purposefully and carefully
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Marketing Strategy and Corporate Strategy in the automobile industry A marketing strategy may be described as a process that allows a company to direct its meager resources towards the biggest opportunities with an aim of increasing profits‚ sales and also attain sustainable competitive edge. Corporate strategy on the other hand targets the overall scope and purpose of a company in meeting the expectations of the stakeholders. This forms a very vital level since it is highly influenced by the various
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The Roaring 20´s earned its namesake for the prosperity and lively culture which ran rampant. Life was bigger‚ it was better and it seemed like there was no stopping progress. The soaring economy introduced an a culture of excess and consumerism that hadn´t been witnessed before. Women´s role in society went through a transformation from housewife to working women. African Americans were given their chance to revel in their art‚ literature and philosophy while attending the Harlem renaissance. Despite
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