Porter’s Five Forces Analysis for the Pharmaceutical Industry Degree of rivalry among existing firms (HIGH) Pharmaceutical industry is one of the most competitive industries in the country with as many as 10‚000 different players fighting for the same pie. The rivalry in the industry can be gauged from the fact that the top player in the country has only 6% market share‚ and the top five players together have about 20% market share. Thus‚ the concentration ratio for this industry is very low. High
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Pharmacy Marketing Plan The Discount Pharmacy Executive Summary The Discount Pharmacy is a brick and mortar and mail order pharmacy that sells prescription medication at lower prices than other pharmacies. The Discount Pharmacy is able to sell at reduced prices through the use of operating efficiencies and the elimination of unnecessary services for customers that self pay their drugs. The Discount Pharmacy does not accept insurance payments which disrupt the cash flow. By having a larger
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The United Kingdom (UK) consists of England‚ Wales‚ Scotland (who together make up Great Britain) and Northern Ireland. The UK’s geography is varied‚ and includes cliffs along some coastlines‚ highlands and lowlands and many islands off the coast of Scotland. The highest mountain is Ben Nevis in Scotland which reaches a height of 1 344m. The United Kingdom is a constitutional monarchy and parliamentary democracy. The main chamber of parliament is the lower house‚ the House of Commons‚ which has
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Pharmacy technicians assist and support licensed pharmacists in providing health care and medications to patients. Pharmacy technicians must have a broad knowledge of pharmacy practice‚ and be skilled in the techniques required to order‚ stock‚ package‚ and compound and otherwise prepare medications. Under the supervision of pharmacists‚ pharmacy technicians work in hospital pharmacies‚ community pharmacies‚ home health care pharmacies‚ long-term care pharmacies‚ clinic pharmacies‚ nuclear medicine
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For this assaignment‚ I visited three pharmacies: one chain pharmacy‚ one pharmacy located in a shopping centre and one community pharmacy. There was some overlap because the pharmacy in the shopping centre also belongs to a chain but I had anticipated this. In the interest of fairness‚ I excluded the pharmacy where I normally fill my prescriptions as I like the pharmacist there and I wish to prevent bias. I also compared pharmacies which are located in a small geographical area‚ about a square
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Boulevard Kauswagan‚ Cagayan de Oro City College of Pharmacy PHARMACY INTERNSHIP DAILY TIME RECORD Name of Intern: MONTANTE‚ RISSA DANICA D. Name of Establishment: ROSE PHARMACY BULUA Address of Establishment: BULUA ‚CAGAYAN DE ORO CITY [ ] Community Pharmacy [ ] Hospital Pharmacy [ ] Manufacturing Pharmacy For the Month of
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learn more about patient care and medications. As a pharmacy technician‚ I work closely with pharmacists and provide a supporting yet critical role in running the pharmacy smoothly. In a high volume store that includes people from various socioeconomic statuses‚ racial backgrounds‚ and walks of life‚ I have learned the value of empathy‚ tolerance‚ and adaptability. Patient care is something that is heavily emphasized in the pharmacy setting. Pharmacy technicians have a big role in delivering compassionate
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Something that disturbs me about being a pharmacist in retail pharmacy is knowing that I am responsible for what everyone under me does. Something as little as a technician making a dispensing mistake (bottling the wrong drug) can cause me to get fired or even lose my license. I am also bothered about the long hours that pharmacists have to work. About 90% of the job is done on foot and this seems pretty tiresome. I still have questions as to why this is so. What is it about this career that people
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Business‚ Pg. A 11. Hickey‚ Kathleen. Moving All Over. Traffic World. 258(5): 48-49. 1999 May 3. http://investor.walgreens.com/news/19991027-12222.htr‚ Walgreens Launches New Internet Pharmacy...tar" for most complete pharmacy offering. Kalorama Academic Database. "The Kids Market." Jan. 11‚1998. Kalorama Academic Database. "The Market for Boomers Turning 50." Jan. 8‚1999. Kalorama Academic Database. "The Mature
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INTRODUCTION 1.0 Background to the study Most of the pharmacies nowadays‚ like to use file system because it is a traditional way and people are comfortable with that way. But the file system is less secure‚ less efficient‚ time consuming and has no backup facilities. Currently‚ to keep track on sales transactions such as stock and order information‚ manual recording system is used by the pharmacist. This system has many disadvantages because the pharmacist is always busy with the sales transaction
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