INFORMATION SYSTEMS FOR MANAGERS RICHTER: INFORMATION TECHNOLOGY AT HUNGARY’S LARGEST PHARMA Summary: Richter is the largest pharmaceutical company in Hungary and is considered to be one of prominent producers of generic drugs and generic active pharmaceutical ingredients (APIs). The company is a leader in the global market‚ but currently it is facing a lot of challenge from other pharmaceutical companies and because of which they can lose their competitive advantage in
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Executive Summary Richter’s CIO is facing two major decisions – is the current IT structure appropriate to meet the growing demands of the overall organization and to what extent should IT at affiliates be centrally controlled. This report will outline the current situation‚ provide alternative solutions‚ as well make a recommendation on the best alternative and implementation plan. It is recommended that Richter’s outsource the more routine IT functions. The current governance model should
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Executive Summary Richter is the biggest pharmaceutical company in Hungary and is preparing a global expansion in one of the quickest alternating markets- the pharmacy industry. The firm currently belongs to the worldwide market leaders and faces the chance of losing their top market position. As a result their current information system (IS) has to successfully assist the firm’s expansion plans in order to guarantee a top market leader position. Currently the IS is not completely centralized
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percentage growth going up and down with every year. There is a peak in the GDP growth rate in the year 2000 at about 5.2%. A low-point is seen in 1996 and 2007 at about 1.3%. There could be multiplicative seasonality‚ but there is not sufficient information to make this assumption. Real GDP Growth Rate Figure 1. Real GDP growth (%) in Hungary‚ 1994-2009. Note. The data is from Statistical Annex Table 1-26 in Organisation for Economic Co-operation and Development (OECD) (2008‚ June). Graph generated
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Information Technology (I.T) Table Of Content 1. ABSTRACT..................................................... 3 2. INTRODUCTION............................................ 4 3. CURRENT SCENARIO................................... 7 4. FUNCTIONALITY.......................................... 14 5. ADVANTAGES & DISADVANTAGES......... 15 6. IMPACT OF TECHNOLOGY.......................... 17 7. CONCLUSION...............................................
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Gerhard Richter‚ Tate Modern Exhibition Review Gerhard Richter has been making art ever since 1961‚ when he left Germany. Throughout his life Richter has resisted painting in any one particular style‚ this makes it very hard to compare him to any other artist. Gerhard Richter was one of the first German artists to reflect on the history of National Socialism‚ creating paintings of family members who had been members‚ as well as victims of‚ the Nazi party. Richter has continued to respond to
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India’s Information Technology Sector: What Contribution to Broader Economic Development?( Nirvikar Singh Professor of Economics University of California‚ Santa Cruz Santa Cruz‚ CA 95064‚ USA First Draft: October 2002 Abstract What contribution can information technology (IT) make to India’s overall economic development? This paper offers some perspectives that can help answer this question‚ using concepts and analysis from economic theory. It examines the theory
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Challenges faced by Indian IT: 1. Uncertain global economy: The Indian IT outsourcing industry gets about 75% of its revenues from US and Europe. The renewed concern regarding the European sovereign debt has led to companies slowing down their IT spending. BFSI segment has been the biggest contributor to Indian IT revenues. As shown in the figure below‚ the recent turmoil in Europe & US has resulted in slowing demand in BFSI segment. Source: Business Standard 2. Protectionist measures: There
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VicePresident of Information Technologies Management and was mandated to develop a strategic IT plan. During the annual strategic planning meeting of the management committee‚ held recently in Calgary‚ all of the committee members were pleased to see that the company and its two subsidiaries were in a good position to plan an aggressive strategy for sales growth. This is the context in which Jean Roberge recently presented a three-year strategic plan for the development of information systems and technologies
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Introduction of Information Technology As we know that‚ information technology is an apprehensive with technology treat by information. In actuality‚ we use information technology to refer a complete industry. Besides that‚ information technology is used of computers or software to arrange information. In some companies‚ they call as Management Information Services. Furthermore‚ some advanced information technology department companies will be respond more strong information‚ protecting information‚ processing
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