Case Memo: Merck Global Health and Access to Medicines The topic‚ human rights responsibilities of the drug companies‚ which is always controversial‚ however‚ is almost sharply defined in a report by the UN Special Rapporteur on the right to health‚ submitted to the United Nations General Assembly in August 2008. 1 The ‘‘Human Rights Guidelines for Pharmaceutical Companies in relation to Access to Medicines’’ include responsibilities for transparency‚ management‚ monitoring and accountability
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revenue generating company. Case in brief: Napster is a brainchild of Shawn fanning‚ launched on June 1 ‚1999 as a peer-to-peer music downloading program for college students. Napster became a one of the most popular sites on the internet‚ claiming some 15 million users in little more than a year. From the beginning‚ Napster facing so many problems from the RIAA and music industry players. Napster violated the copyrights by allowing users to swap the music recordings for free. However‚ on March 5‚ 2001
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without the use of subscription accounting‚ which recognized the revenue at the point of sale. Moreover the non-GAAP numbers did not adjust the estimated costs associated with its plan to provide new features and software upgrades to iPhone buyers free of charge and these figures were not prepared under a comprehensive set of rules or principles. Whereas in subscription accounting the cash received was reported at the time that the subscription was purchased but only recorded the revenue as each
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Merck is a global research-driven pharmaceutical company dedicated to putting patients first. Merck’s highest priority areas are Alzheimer’s disease‚ atherosclerosis‚ cardiovascular disease‚ diabetes‚ novel vaccines‚ obesity‚ oncology‚ pain and sleep disorders. In addition‚ and importantly for licensing‚ the following other areas remain of high interest for focused investment in new compounds and mechanisms: antibiotics‚ antifungals‚ antivirals (HCV and HIV)‚ asthma‚ COPD‚ neurodegeneration‚ ophthalmology
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Monmouth Case solution 1. To escape their dependency on a single industry‚ Monmouth managed to reduce their business risk by acquiring small different industrial manufacturers in addition to becoming a market player in the hand tool business‚ by acquiring 3 of the market leaders‚ a move that diversified Monmouth’s business and ultimately reduced their business risk. In analyzing the financial risk‚ the continuous acquisitions have definitely increased the operational risk for the company. Since
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CBI Holding Company‚ Inc. Case Solution I. Summary A CBI Holding Company was a New-York based parent company for several wholly-owned subsidiaries. These marketed an extensive line of pharmaceutical products that were purchased from drug manufactures‚ warehoused in storage facilities and then resold to retail pharmacies‚ hospitals long-term care facilities and related entities. CBI’s chairman and president Robert Castello was the seat of the CBI‘s troubles and principal implementer of
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(negligently) runs over another while driving carelessly has committed a tort of battery based on negligence Duty of Care The reasonable person standard The law does not require perfection‚ only what is reasonable under the circumstances In the case of a professional such as a doctor‚ engineer or accountant‚ that standard is a reasonable doctor‚ engineer or accountant. SQUISH LA FISH v. THOMCO Issue Did the defendant fail to take reasonable care that the information it provided was correct
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Case 9-4 Trueblood Case 09-4 Solution Case 9-4 How should NeedsSpace account for the two obligations noted as provisions in the lease agreement? ● Provision 1: “Lessor may require the lessee to perform general repairs and maintenance on the leased premises.” By entering the lease agreement‚ NeedsSpace (the lessee) becomes legally and contractually responsible for performing general repair and maintenance on the leased premises. Assuming that the lessee is required to make deposits to financially
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Personal Assignment 3 Case Study Cisco Systems‚ Inc: Implementing ERP Case: Cisco Systems‚ Inc. Implementing ERP‚ 9-699-022 Reading: Thomas H. Davenport‚ “Putting the Enterprise into the Enterprise System‚” Harvard Business Review (July-August 1998): Reprint 98401 Putting the Enterprise into the Enterprise System by Thomas H. Davenport Enterprise systems appear to be a dream come true. These commercial software packages promise the seamless integration of all the information flowing through
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Introduction Cooper Industries‚ Inc. is a manufacturer of heavy machinery and equipment. It has acquired some companies in the past as part of their expansion plans. Cooper acquires companies that are leading in their area of business‚ have a large market share and is the leading company in their area of operation. Currently‚ Cooper is focusing on building a hand tool business with a full product line that would use a common sales and distribution system and joint advertising. In this effort‚ Cooper
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