Cardinal Health‚ Inc. Company History Cardinal Health was founded in 1971 when founder Robert D. Walter opened a small distribution center in Columbus‚ Ohio‚ then named Cardinal Foods‚ Inc. In 1979 the food distributor branched out into pharmaceutical distribution when the company purchased a Zanesville‚ Ohio‚ drug distributor and became known as Cardinal Distribution ("Our history‚" 2011). The company evolved over the next several years; they went public and was renamed Cardinal Health in 1983
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Integrative Case 3.1: Corporate Strategy at Cardinal Health Discussion question 1: What are the benefits and costs of Cardinal Health’s product-related diversification strategy? Firstly‚ Walter started implementing its product-related strategy on time‚ in 1996‚ when FoxMeyer went bankrupt. If‚ the company was not diversified and dependent only on one product division‚ it might have ended up as FoxMeyer. Also‚ the drug distribution division has been forced to lower its prices by health care providers
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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
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Case 18: Cardinal Health‚ Inc. (A) By Mary B. Teagarden As printed in Strategic Management: Formulation‚ Implementation‚ and Control By John A. Pearce II and Richard B. Robinson February 24‚ 2012 Since its inception in the early 1970s‚ Cardinal Health has grown into one of the leading health care service providers in the world. A Fortune 500 company‚ Cardinal began as a food distributor‚ and then transformed itself under the leadership of Robert Walter into the foremost distributor of
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Structural Organization of Cardinal Health Inc. Jillian Worster The structural organization of Cardinal health Inc. seems to have a matrix organization. It has your standard CEO but then from there‚ there are a lot of different branches but some work together with each other. I say this because the company has a CEO who is George Barrett; he is also the chairman of the board of directors. Jeffery Henderson is the chief financial officer. Although George Barrett is the CEO of the company‚ there
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A Case study on Cardinal Health Inc Submitted by: Sadikchya Acharya Business strategy International American University Kings College Bizulli Bazaar‚ Kathmandu Nepal Submitted to: Prof. Raj Kumar Sharma Introduction and Background The case introduces us to the Cardinal Inc which for now is the leading manufacturer in the products of medical it has its own pharmaceuticals. Company is one of the fortune 500 companies the head office is in Dublin‚ Ohio. So‚ talking about pharmaceuticals and
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Strategic Management Case Cardinal Health Inc. by Developed for Study Assignment Purposes for MBA Course at American Military University BUSN 620 Strategic Management Cardinal Health helps pharmacies‚ hospitals and ambulatory care focus on patient care 1 Disclaimer and Material Purpose Material Purpose: This document and all of the materials contained within are strictly for study assignment purposes to fulfill MBA course BUSN 620 Strategic Management on August 01‚ 2011-September 25‚ 2011
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In consequence of an anonymous phone call stating that a vendor scheme was costing the company‚ Cardinals Wholesalers‚ millions of dollars an investigation was started. A vendor scheme is a company that was created to pay vendor invoices for which it receives nothing in return. Based on evidence found Tri-State Trucking was identified as a shell company. A shell company is a fictitious vendor scheme. Tri-State Trucking was owned by Bill Carter‚ a former employee‚ and Mike Smith‚ a current employee
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Hailey Religion- Period 3 Mr. smith 4 March 2013 Velasio Cardinal De Paolis Cardinal De Paolis is an Italian Cardinal born in Sonnino Italy. He is currently 77 years old and was born in 1935. He was at first a part of Congregation of the missionaries of St. Charles in Italy in 1958. There‚ he was ordained a priest in 1961. He was sent to Rome to receive his degrees in Theology at the Pontifical Gregorian University and at Pontifical University of St. Thomas. He also received a
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Cardinal Health: A Kickback Scheme for Company xxxxx xxxxxx June 2012 Southern New Hampshire University ACC 421 Auditing and Forensic Accounting A fraud that occurred recently was the corruption charges brought against Cardinal Health a pharmaceutical company based in Dublin‚ Ohio. The fraud involved Cardinal health paying pharmacies kickbacks in other to ensure that the pharmacies purchased prescription drugs for their pharmacies from them. Kickback schemes are a type of
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