Case Study - How Chinese Toymakers Respond to Recalls I. Introduction In 2007‚ the US Consumer Product Safety Commission CPSC announced five different recalls of Mattel’s toy because of the below two issues: 1. 9.3 million play-sets with small magnets inside toys could be swallowed by young children and it may have potential of fatal accident. They included Polly Pocket dolls and Barbie and Tanner 2. Exceed of lead contain of the paint by US safe limit 0.06% of paint. They included 1.5 million
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executive officer of a large scale company in any field is no easy task. In the pharmaceutical industry the technical specifications make it all the more difficult. The general job description of a CEO in this field is to control daily operations and greatly influence strategic direction‚ working directly with the Board of Directors. The right candidate must have significant senior executive experience leading a biotechnology‚ pharmaceutical and/or medical device company with full profit and loss responsibility
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1. Political • Stringent government regulation and powerful purchaser pressures. • Governments focused on pharmaceuticals in efforts to control rising healthcare expenditure. • Inter-country pricing disparities. Economic • European free trade agreements. Social • Ageing populations create pressure on healthcare systems. • Epidemic or chronic diseases (e.g. obesity). Technological • Impact of genetic research on industry. • Utilizing a web of alliances to address multiple customer
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Introduction Nucleon‚ a small biotechnology start-up company is in the process of human trials for their first potential product‚ i.e.‚ CRP-1. Nucleon has to decide among several alternatives on producing CRP-1 for their long-term survival in the intensively competitive and high-stakes drug industry. Industry Analysis -Porter’s Five Forces The Pharmaceutical industry has several high entry barriers as shown in figure 1. Economies of scale‚ product differentiation‚ government policy and capital
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The bubonic plague‚ caused by the Yersinia pest is bacteria‚ is a highly contagious communicable disease. The bacteria is transferred from animals‚ to fleas‚ to humans. This bacteria can be found in multiple location world-wide. The earliest reporting of the Bubonic plague‚ also known as the “Black Death”‚ dates back to 1347‚ via land and sea trade routes of the ancient Silk Road. When rat filled ships arrived at the harbors of Europe‚ people came to welcome the sailors home. They soon realized
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Generoso Pharmaceuticals & Chemicals Inc. Case 1 Generoso Pharmaceuticals & Chemicals‚ Inc. Statement of the Problem To determine the possible exercises the Generoso Pharmaceuticals & Chemicals‚ Inc. should take in order to bear in competition and where to find superfluous capital. Areas of Consideration (SWOT ANALYSIS) Strengths * Liquidity of the Company * Ready for expansion * A wide supply for desolate materials * Conservative cash management policies Opportunities
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KEY EVENTS PRIOR TO 1066 In 1016‚ Cnut of Denmark invaded England. He eradicated all opposition in a pogrom in Winter 1017‚ and ruled thereafter with a combination of Danes and newly promoted English Earls who profited from the Danish Conquest. Edward (the Confessor) fled to his father-in-law in Normandy. He finally regained the throne in 1042. William ’s later chroniclers claim (after the fact) that Edward the Confessor offered William the crown and sent Harold to pledge it to him in the Winter
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The Black Death: How Different Were the Christian and Muslim Responses? In the year of 1348‚ The Black Death broke out as a great pandemic that affected much of Eurasia. A large part of the influence on the reactions of the people living in this era came from religion. The dominant religions in this time were Christianity‚ mostly stemming from Europe‚ and Islam‚ which was stemming from Asia and the Middle East. The two monolithic deities‚ Allah and God‚ both were very influential beings at this
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Africa has always been known for their valuable resources‚ and empires have always wanted to either trade with Africa or take over Africa. During the New Imperialism Era (1881-1914)‚ many of the European powers went after Africa and invaded many of the countries. During the European Scramble for Africa‚ there were different actions and reactions from different countries. Some of the African countries just let the European countries take control and chose not to fight‚ due to lack of technology and
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The European colonized Africa for numerous reasons such as the medical advancement for malaria which was devastating the European population. During the industrial revolution‚ the Europeans perfected the gun which gave them an advantage over Africa. The European-built an empire in Africa by converting them to Christianity and introducing two types of government‚ direct rule‚ and indirect rule. They established missionaries that change the culture and religion which resulted in modern schools and
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