1.DEFINE ERP? 1. ERP is an acronym for Enterprise Resource Planning. ERP is a software system driven process of managing all resources‚ and their use‚ in an enterprise in a coordinated manner. 2. “ERP is a set of integrated business applications‚ or modules which carry out business functions.” 3. ERP utilizes ERP software applications to improve the performance of organizations’ resource planning‚ management control and operational control. 4. ERP software is multi-module application
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There has be laws made to keep this kind of event from happening again. A recommendation to first start doing is to make and pass laws to keep the pharma industry under control. The most obvious start would be to start focusing on the method of “price gouging”. Laws against this kind of practice would make Turing and other big pharma companies from ever doing this again. Also‚ it should force the companies to lower their prices once again. With this action the Turing and other drug makers
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Strength -Industry leader 2008-Pfizer was the world’s number 1 pharmaceutical company Strong brand name and reputation -Broad pipeline of new drugs and significant amount of cash Financial leverage of Pfizer to expand their business‚ gain more market share -Merger and acquisition Advantages of Merger and acquisition Access to global market Gain economies of scale and access to new technologies. Economies of scale (buying in bulk‚ technology‚ specialization-cost adv) Acquisition of Warner
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History of SWOT In the 1960’s and 70’s‚ Albert Humphrey is said to have developed this strategic planning tool using data from the top companies in America at the time. A SWOT Analysis looks at the strengths‚ weaknesses‚ opportunities and threats that are relevant to an organization in a new venture. A SWOT Analysis is a tool which allows users to look at the direction a company or organization may wish to move towards in the future. A SWOT Analysis is a useful tool‚ which in conjunction with others
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Historical Background Incepta Pharmaceuticals Ltd. is a leading pharmaceutical company in Bangladesh established in the year 1999. The company has a very big manufacturing facility located at Savar‚ 35 kilometer away from the center of the capital city Dhaka. Incepta began its operation with a handful of highly skilled and dedicated professionals guided by an able leadership. Proper strategic planning‚ technical excellence‚ swift and timely decisions helped us achieve our objectives leading to much
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of the study 1.2.1. Pharmaceutical industry The pharmaceutical sector represents an important part of life sciences industry‚ which was worth $1.15trillion in 2013. Pharma is a major contributor to healthcare (Deloitte‚ 2015‚ P.4). Pharmaceutical product sales were estimated at $ 857‚800 million at ex-factory prices in 2012. Pharma industry is considered as one of high technologies major employer in Europe with 700‚000 direct employees and 4 times more indirect employees in 2012. It is also considered
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Cadila Pharmaceuticals Ltd. is one of the largest privately held pharmaceutical companies in India‚ headquartered at Ahmedabad‚ in the state of Gujarat. Over the last six decades‚ it has been developing and manufacturing pharmaceutical products and selling and distributing these in over 90 countries around the world. An integrated healthcare solutions provider with pharmaceutical product basket‚ it caters to over 45 therapeutic areas that include cardiovascular‚ gastrointestinal‚ analgesics
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probably in an attempt to boast revenue for the period. Additional comments - Only big distributors would be willing to run the risk associated with FOB shipping; smaller distributors would likely prefer FOB destination. Given the high cost of pharma
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FI 512 Week 1 Answer Key Chapter 1 1. [Financing Concepts] The following ventures are at different stages in their life cycles. Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing. A. Phil Young‚ founder of Pedal Pushers‚ has an idea for a pedal replacement for children’s bicycles. The Pedal Pusher will replace existing bicycle pedals with an easy release stirrup to help
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Application of Inventory Management System Beximco Pharma Executive Summary This internship report based on the three months long internship program that I had undergone in Beximco Pharmaceuticals Limited from June 22‚ 2008 to October 09‚ 2008 as a requirement of my BBA program under Development of Business Administration‚ Shahjalal University of Science & Technology‚ Sylhet. As the apprentice of BBA program I have tried my best to gather all necessary information and explanations from BPL to prepare
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