client‚ John. Jimmy’s wasn’t a client of Coleman’s‚ but John didn’t like his customers to see him “doing business.” Coleman was talking with Jimmy about business when he spilled his drink all over the bar. That made him think about this cool trick where you put pure grain alcohol in your mouth‚ blow it out and light it. Coleman took a big drink‚ took out his lighter‚ and said‚ “Watch this!” He lit his lighter‚ blew the liquid and a fireball went through the room. The fireball hit Jimmy and killed him instantly
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employment or agency. Here C went to the mall to buy a present for his wife‚ not on the business of Soft. Will Software Inc. be liable to the owners of Jimmy’s Bar? What about Jimmy’s mom? The same theory of Respondeat Superior would apply to both cases. Soft will argue that C was on a frolic and not on business. Jimmy’s will argue that C was trying to impress John and Jimmy and as a traveling salesman meeting with clients is part of his job. We are expressly told that C was talking to Jimmy about
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You Decide Jonah Colombo DeVry University Author Note: This paper is being submitted March 24‚ 2013 for Professor Barbara Bailey’s Criminal Investigation course at DeVry University by Jonah Colombo You Decide – Week 3 In order to best aid in the investigation I have chosen Deputy Johnson as my assistant lead investigator. While all good candidates for the job‚ Deputy Johnson has the skills required to be the best fit for the role. Not only has she been in law enforcement
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Case Study: Merck Acquisition of Medco Professor Daniel Weiss FI561 January 23‚ 2011 Case Study: Merck Acquisition of Medco Abstract The purpose of this case study is to determine whether it would be beneficial to merge Merck Corporation with Medco Containment Services Incorporated. The merger and acquisition between the world’s largest drug manufacturer and the largest prescription benefits management company (PBM) and marketer of mail order medicines in the United States would result
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sole proprietorship is a small business that is own by one individual who is responsible for running the business. The owner owned all profits and assets but is also responsible for all liabilities and debts. The advantage of a sole proprietorship is you are at complete control of the business and all decisions are at your own will. As for tax wise‚ it is cheaper too (tax savings) and all profits from the business goes directly to your own personal tax return. The disadvantages of a sole proprietorship
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Questions for the Merck Case Create a decision tree for Merck. The 2 leftmost branches would identify the alternatives related to licensing Davarink (specifically license versus not to license). Next‚ if Merck decides to pursue license‚ they go into phase I which results in a success‚ or failure. Phase I success is followed by phase II where Merck has the opportunity to develop the drug to treat depression alone‚ weight loss alone‚ or both‚ or contemplate phase II failure. Finally phase
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Merck was at the top of the pharmaceutical market for many years. The company made substantial profits almost every year. Not only were they a company that made money but they also made their financial gains in an ethical manor. Fourton magazine even named them the “most admired” company. But in 2004‚ the company would be faced with major challenges that would threaten to end the company’s existence. Their once best selling painkiller Viol had been recalled by the federal government because the drug
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BUAD820 – Case 2 Merck Case Decision Tree and Analysis Presented By – Sridevi Chennuri Nuray Coban Subhashini Reddy Merck & Company :Evaluating a Drug Licensing Opportunity • Background - Merck & Company : •In 2000‚ it was a global research-driven pharmaceutical company that discovers‚ develop‚ manufactures and markets a broad range of human and animal health products‚ directly and through its joint ventures‚ and provides pharmaceutical benefit management services through Merck-Medco Managed Care
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competitors were gaining ground by being placed on Medco formularies (Pg.16). If one of these companies were to get complete control‚ it could replace most of Merck’s products with its own. In a way‚ this acquisition was an investment to properly position Merck in an unpredictable future. If this future held a system in which the most drugs were sold through PBMs‚ or not‚ Merck would be positioned to continue their successful business. As one Merck-Medco put it “Our business is constantly changing.”
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Executive Summary Merck & Company has been presented with an opportunity to invest $30 million for the purchasing rights of an obesity and high cholesterol lowering drug‚ KL-798 from Kappa Labs. Based on the expected probabilities of success through each product-development phase for this new drug‚ as well as the costs involved‚ the net present value of the project is -$1.16 million and is therefore recommended that Merck passes on the investment. Sensitivity analysis also show that adjusting
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