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 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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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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with bookish knowledge but with practical experiences. Recently our university also organized for us a great trip to another city of Hungary. This little and pretty city called as a Tokay city. First of all‚ I want to give information about Tokay city. Tokay is famous wine-district of Hungary famous all over the world. Even the first Magyar settlers of Hungary found grape-vines in this region. The history of Tokay city has always been closely interwoven with the wine. Many Hungarian Nobles‚ had
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About Hungary: Hungary is a landlocked country in central Europe‚ which borders with no fewer than seven countries: Slovakia‚ Ukraine‚ Romania‚ Serbia‚ Croatia‚ Slovenia and Austria. The country is mostly flat‚ with low mountains in the north. The most important sectors of Hungary’s economy in 2012 were industry (26.8%)‚ wholesale and retail trade‚ transport‚ accommodation and food services (17.6 %) and public administration‚ defence‚ education‚ human health and social work activities (17.3 %)
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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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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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governance of Richter‚ Szücs is the IT director and is working together with around 50 people in the head department in Hungary. Those 50 people are focusing on four different areas: “IT operations (12)‚ procurement and service (15)‚ SAP support (12)‚ IT strategy and projects (4)” (Mitchell et al.‚ 2007). Altogether they develop a strategic plan which is expected to support the business processes at Richter. However‚ a plan is not very flexible since it first has to be approved by the CFO of Richter and then
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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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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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