...Journal of Academic and Business Ethics c Johnson & Johnson: An ethical analysis of broken trust t Karen L. Stewart The Richard Stockton College of New Jersey Whiton S. Paine The Richard Stockton College of New Jersey ABSTRACT For several decades, Johnson & Johnson has been the exemplar of superb ethical behavior in light of the prompt actions it undertook during the 1982 Tylenol cyanide poisoning incident. Now several decades later, J&J’s Consumer Product Division has put the company and . its reputation in jeopardy by its slow and ineffective response to a series of ongoing problems. ineffective This article provides an ethical analysis of those events and addresses the negative impact on Johnson and Johnson’s once sterling reputation. Business, ethics, recalls, Johnson & Johnson, reputation, FDA J&J: An ethical analysis, Page 1 analysis Journal of Academic and Business Ethics c INTRODUCTION: For several decades, Johnson & Johnson has been the exemplar of superb ethical behavior in light of the prompt actions it undertook during the 1982 Tylenol cyanide poisoning incident that left seven dead in the Chicago area. After the 1982 incident, Tylenol quickly even returned to category dominance. A few years later when yet another cyanide-laced Tylenol laced capsule resulted in the death of a New York woman, Johnson & Johnson and its McNeil subsidiary once again took quick action by only making a compressed and easier-to-detectnce easier tampering...
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...Analysis of Financial Statement Formal Assignment Report Table of Contents Introduction ...................................................................................................................... 3 1. Brief Review ................................................................................................................. 3 2. Analysis of Financial Performance ................................................................................... 4 Liquidity Ratio ............................................................................................................... 5 Current Ratio ............................................................................................................. 5 Quick Ratio................................................................................................................ 6 Profitability Ratios ......................................................................................................... 7 Earnings per Share (EPS) ............................................................................................ 7 Gross Profit Margin and Net Profit Margin .................................................................... 7 Efficiency Ratios ............................................................................................................ 9 Sales to Inventory ....................................................................................................... 9 3. A) Estimation of Value...
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...References Basu, R. 2011. Managing project supply chains. Farnham: Gower. Chang, C. J. and Hwang, N. R. 2002. The effects of country and industry on implementing value chain cost analysis. The International Journal of Accounting, 37 (1), pp. 123--140. Christopher, M. 2011. Logistics & supply chain management. Harlow, England: Financial Times Prentice Hall. Dunning, J. H. 1992. Multinational enterprises and the global economy. Wokingham, England: Addison-Wesley. Dunning, J. H. 2003. Making globalization good. Oxford: Oxford University Press. Foss, N. J. 1997. Resources, firms, and strategies. Oxford [u.a.]: Oxford Univ. Press. Gereffi, G. and Stark, K. F. 2011. Global Value Chain Analysis: A Primer. Durham: Center on Globalization, Governance & Competitiveness (CGGC),Duke University. Hansen, D. R. and Mowen, M. M. 2006. Cost management. Mason, Ohio: Thomson/South-Western. Hast, M., Koppinen, J. and Suonne, M. 1994. Industrial performance and competitiveness. Helsinki: Helsinki School of Economics and Business Administration, Artto Project 1993-1994, Dept. of Accounting and Finance 48. Hitt, M. A. 2007. Creating value. [Malden, Mass.]: Blackwell Pub. Invensys. 2010. Invensys Operations Management • 5601 Granite Parkway III, #1000, Plano, TX 75024. [e-book] Invensys Systems. Available through: http://iom.invensys.com/EN/pdfLibrary/IndustrySolution_Invensys_RealTimeOperationsMgmtUpstream_04-10.pdf [Accessed: 1 Jan 2014]. Jones, C. 1989. Supply Chain Management — Key Issue...
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...08:45 - Financial analysis: Company name: Competition Bikes Inc. Activity: Financial Analysis The financial analysis of a business organization involves the complete assessment of the liquidity, profitability, competitiveness and stability of the business. The process is done through using the financial statements of the business. The financial reports are generally presented to top management for purposes of decision making and setting up goals. Analyzing Competition Bikes Inc.’s financial status requires evaluating its internal operations reflecting the horizontal, vertical, ratio, and trend analysis, as well as its working capital. These reviews provide profit margins allowing for projecting any necessary budget restraints in overhead costs and sales potential. Yearly production performance comparisons, based on overhead versus profit, enable a budget projection for ordering production materials on a month-to-month basis. (Shim, J. and Siegel, J. 2009). Horizontal Analysis The horizontal analysis is the study of percentage changes of comparative statements in the case of Competition Bikes Inc.’s years six and seven, and seven and eight. Using the horizontal analysis chart, Competition Bikes Inc., shows the accounts payable, between years six and seven increased as it did between years seven and eight. 1 / 18 Competition Bikes Inc Written by Administrator Tuesday, 03 July 2012 08:45 - According to the horizontal analysis, Competition Bike Inc...
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...Yudian (Candidate No.095512658) International College Central South University of Forestry and Technology October 2010 contents 1. INTRODUCTION…………………………………………………………………….…..3 2.1 PESTEL……………………………………………………………………….…..3 2.2 SWOT analysis……………………………………………………………………4 2.3 How to conduct SWOT analysis…………………………………………….…….5 3.1 Organisation culture in JD Wetherspoon………………………………………….5 3.2 The type of culture that J D Wetherspoon has…………………………………….6 3.3 relationship between organizational culture and organizational behavior in J D Wetherspoon…………………………………………………………………………..7 3.4 different culture in company………………………………………………………7 4 Conclusion……………………………………………………………………….….8 5 REFERENCES…………………………………………………….………………..9 1.Introduction The report is about the change in the external environment in JD wetherspoon. It analysis the PESTEL and SWOT of the J D Wetherspoon. It also analysis the relationship between organisational culture and organisational behavior in the JD wetherspoon. J D Wetherspoon plc was founded by Tim Martin who opened the first J D Wtherspoon pub in1979. It now has over 600 pubs, which means that it has expanded on average at the rate of about one new pub each week. 2.1 PESTEL Social-cultural: J D Wetherspoon provide children’s cutlery with children’s meals to convenience children. Most pubs now have a dedicated family dining area where children and adults can eat together. The area is restricted and limited to meal times only. Children are...
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...HNC Business Management Introduction to Finance & Accounts Five Year Analysis of JD Weatherspoon Plc. Module Tutor: Neil Fletcher Report By: Nichola D. Robinson (21042952) Deadline Date Wednesday 9th May 2012 Executive Summary • Revenue has grown at a steady rate of 1.7% with a slight decrease in 2008 with the introduction of the Smoking Ban being implemented which prohibits smoking in public places. • A significant increase in revenue in 2011 was attributed to increases in like for like bar sales (1.7%) and food sales (4.2%). • Profit after tax fell by 4% in 2008 again this was due to the implementation of the Smoking Ban. • Between 2007 – 2011 JD Weatherspoon have opened a total of 177 new venues taking the overall total to 823. • Finance costs have increased from £379.5m to £429.8m due to the opening of 50 new venues. • JD Weatherspoon has a strong position within the industry creating a total of 2,800 jobs with additional jobs being created by Suppliers. • The implementation of the ‘Scores on the Doors’ Scheme has given an image boost awarding zero to five stars to the venues with the highest standards in Safety & Hygiene with an average of 86% of venues achieving between four to five stars. • JD Weatherspoon is the main face of the CLIC Sargent charity raising over £4.6m for families caring for Children with Cancer. • JD Weatherspoon’s only threat is...
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...Marketing Strategy MKT306 Assignment July 2010 University of Sunderland, UK Joey Kwan Lay Kuan Student ID: 089111572 Table of Content Assignment Questions 1 Abbreviations Report 1.0 Executive Summary 2 3 4 2.0 Terms of Reference 3.0 Corporate Objective 4.0 Situational Analysis 4.1 Industry Analysis 4.2 SWOT Analysis 4.3 Competitive Advantage and Core Competencies 5.0 Recommendations 5.1 Segmentation Targeting and Positioning 5.2 Marketing Objectives and Goals 5.3 Marketing Strategies and Programmes 5.3.1 Product 5.3.2 Pricing 5.3.3 Place 5.3.4 Promotion 6.0 Conclusion Reference Appendix 5 7 8 9 11 12 14 15 19 20 21 22 23 25 33 34 41 MKT306 Marketing Strategy Assignment Questions This is an individual assignment as a single report in two parts. 1. Investigation and analysis Choose an individual brand or product line from either the producer and/or brand owner, who are involved in the marketing of an oral hygiene product or products. Investigate and evaluate their marketing strategy using contemporary marketing tools and techniques however this may be illuminated using examples from other companies /organisations. You can demonstrate the effectiveness of the reported policies for the chosen company by giving performance data against competitors in the market (e.g. market share, sales, profitability, etc.). 2. Recommendations Your remit is to put forward your own suggestions covering changes in marketing strategy that will improve the future performance...
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...University Malaysia Sarawak, Malaysia Abstract: The burgeoning literature investigating the effect of supervisory support on the transfer of training is characterized by inconsistent findings. Also, to date, research examining peer support is still lacking, despite earlier studies show support emanating from co-workers has a significant influence on the transfer of training. Hence, this study attempts to rectify the inadequacies in the literature by examining the effects of supervisory and peer support on the transfer of training. Based on a cross-sectional method, quantitative data was collected from 100 employees working in one of the Malaysian state health departments, with a response rate of 48 percent. The results of multiple regression analysis revealed that supervisory support was not significantly associated with transfer of training, whereas peer support exerted a significant and positive influence on transfer of training. This study responded to the pressing calls for more studies to elucidate the relationship between social support and the transfer of training. The findings contributed to the body of literature by clarifying the nature of relationships between supervisory support, peer support and transfer of training, particularly from the Malaysian workplace perspective. Key words: Supervisory support, peer support, transfer of training 1. Introduction Over the years, organizations increasingly invest on training and development to improve employees’ work performance...
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...Quality Assurance Office (QAO) The project team in “Systems Technology” is implementing the Quality Assurance Office for their Software Factory. In order to execute the first phase of the project the PM and his team has defined 10 activities that allow them to achieve the goal. In the following table you can see the activities Actvity Start A B C D E F G H I J End Precedence Start Start Start C A B,E A G H, F I, D J Duration (Weeks) 0 8 10 9 7 4 3 2 2 2 1 0 Cost (K-S/.) 80 100 90 56 32 30 20 20 20 10 Pago MA Variable Variable MA MA MA MA MA MA MA After nine weeks since the project starting, the Executive Committee received a Project Report in which the following information was being reported at the end of week 9: Project Status at 9th week Activity A B C E G Remaining Time (weeks) 0 4 1 2 1 With all this information the Executive Committee was not able to determine whether the project was progressing as it was planned or it was having problems. For this reason the PM was required to elaborate and new Report with more clear information to know the evolution and actual status of the Project. This new report should have the following information: Project Management of Information Technology Group Practice Homework Time,Communication and Risk Management 1. Making some assumptions identify activities in your Project Scope that can be associated with the activities A, B,C….. This exercise is necessary to do the following point 2. Prepare the network Diagram...
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...Retrospective analysis of catheter-acquired urinary tract infection (CAUTI): Relationship to stroke diagnosis Abstract Background: Eighty percent of hospital-acquired urinary tract infections are associated with urinary catheters (Joint Commission Resources, 2011). Catheter-acquired urinary tract infections (CAUTI) continues to be at the forefront of the fight against hospital-acquired infections (HAI). Despite ongoing efforts to decrease the incidence of catheter-acquired urinary tract infections (CAUTI) in the acute care setting, overall standardized infection rates (SIR) for CAUTI have decreased only 7% since 2009 (Centers for Disease Control and Prevention (CDC), 2013). Purpose: The purpose of this study was to compare patients with a diagnosis of stroke to patients without a primary diagnosis of stroke to determine if patients diagnosed with stroke had a higher incidence of CAUTI infection. A secondary aim was to examine use of antibiotics, steroids, length of hospital stay, catheter days, and ICU length of stay in both stroke and non-stroke patients. Methods: The study method is a retrospective chart review analysis uses data from an 874-bed large teaching hospital located in the Southeastern United States from 2011 and 2012. After approval from both the Nursing Scientific Advisory Committee and the Institutional Review Board of the institution, analysis of data began. Results: 600 patients were potential candidates for analysis. Of the 600 patients...
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...organizations. Most time is spent in the ledger and report preparation, it cannot be done without the good knowledge of preparing business records manually, however it is more simple to do it in Excel (Reeve, Warren, & Duchac, 2012). Most people use simple Excel functions such as add, multiply, divide and subtract to do simple financial mathematics; Excel has more advanced formulas and functions that can be used to do more in the preparation of financial accounting records. Advanced functions and formulas in excel are reliable in preparing spreadsheets and data manipulation, one is VLOOKUP it aids in information search about product information by use of a unique product id, HLOOKUP also helps to find product information, it does so vertically. Many people think that proper thinking and planning is not only what makes a business successful, but business accounting records are important. Business accounting records are used in a business to identify cash flow in a business. These Business accounting records are prepared in Excel. There are a few simple steps involved in preparing business accounting records in Excel, first is the preparation of a ledger book, then entering the records in a spreadsheet and ensuring they are well balanced. In preparation of business reports there are a few steps were taken, first preparation of the records in an excel spreadsheet, after spreadsheet are complete a few steps are followed to create a report wizard excel, Excel skills are as well important...
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...Assessment of Sainsbury’s An Assessment of Sainsbury’s (J Sainsbury plc) in terms of its strategic opportunities and problems and the management of its decisions Executive Summary This report is based on Sainsbury’s management and business plans and performs an analysis of the company’s performance, governance and strategies in accordance with the literature review conducted for our study. The literature review focuses on the use of loyalty schemes as introduced by Sainsbury’s and business strategies related to marketing that affect the sales and profits of a company. Sainsbury’s approach to business is providing quality services to make the company great as well as to retain customers and long term relationships with suppliers and distributors. In this regard Sainsbury’s seems to have succeeded as its last year’s sales figures have gone up by a considerable percentage and it leads the market in terms of sales, doing even better than Tesco. The management structure including corporate governance and the strengths, weaknesses, opportunities and threats of the company have been given here showing why Sainsbury’s could use its business strategies to become the largest retailer within the UK and move ahead of Tesco and other companies for a larger and more consistent consumer base. This report and analysis focuses on the strategic opportunities and directions available to Sainsbury’s after conducting a detailed analysis of its business strategies including governance and...
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...(supplement). July–December: 4–7. Ahmed, M., and M. H. Lorica. 2002. Improving developing country food security through aquaculture development—lessons from Asia. Food Policy 27: 125–141. Ahmed, M., C. L. Delgado, S. Sverdrup-Jensen, and R. A. V. Santos, ed. 1999. Fisheries policy research in developing countries: Issues, priorities and needs. Manila: International Center for Living Aquatic Resources Management and International Food Policy Research Institute. Allan, G. 1998. Potential for pulses. International Aquafeeds 2: 17–20. Alston, J. M., G. W. Norton, and P. G. Pardey. 1995. Science Under Scarcity: Principles and practice for agricultural research evaluation and priority setting. Ithaca, N.Y., U.S.A.: Cornell University Press. Anderson, J. L. 1985. Private aquaculture and commercial fisheries: Bioeconomics of salmon ranching. Journal of Environmental Economics and Management 12 (4): 353–370. '(/*$'2 (7 $/ Anderson, J. L., and Q. S. W. Fong. 1997. Aquaculture and international trade. Aquaculture Economics & Management 1: 29–44. Asche, F., and S. Tveteras. 2000. On the relationship between aquaculture and reduction fisheries. Paper...
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...Brochure More information from http://www.researchandmarkets.com/reports/680564/ The Top Five Global Pharma Companies; Where they are Now and Where they heading? Description: A mini report identifying drivers and barriers to sustaining financial performance over the next 5 years for the top five global pharmaceutical companies -Johnson & Johnson, Pfizer, GSK, Novartis and Sanofi-Aventis This report presents the cases of the top five global pharma companies: J&J, Pfizer, GSK, Novartis and SanofiAventis and identifies their key growth areas. Pooling data from 6 major investment institutions, it delivers a 360o analysis on these big five global pharma with further value add and refinement coming from 8 leading key opinion leaders, to produce an easy to read 25 page PowerPoint deck. Johnson & Johnson has reached a critical point in its product portfolio which should see the company convert from “cash cow” (high market share; low market growth) to “star” (high market share; high market growth) status by 2010. This is reflected in J&J having not less than 6 late stage drugs that will either unveil phase III data or be filed with the FDA within 2008 culminating in strong impact on its P&L account by 2010. Likewise the other cash cow Pfizer, boasts of at least 17 disclosed products under late phase development, with launches in the post-2010 period, thus are likely to buoy double digit sales growth beyond Lipitor patent expiry. GlaxoSmithKline on the other hand, has a product portfolio...
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...intelligence. This initially led to the innovation of predictive policing in 1994 by NYPD. NIJ defines Predictive Policing as “taking data from disparate sources, analyzing them and then using the results to anticipate, prevent and respond more effectively to future crime” This paved way for evolution of COMPSTAT (Computer Statistics) which used all crime related data as its input to anticipate a crime. (Willis, J., et al, 2004) Traditional methods include random patrolling which has limited ability to identify crime because patrolling entire location may not be possible. This would involve additional Police personnel and lot of time. Accurate anticipation, timely targeted action and reduce resources for random patrolling turns into achievable goals. 2. Describe how COMPSTAT, as an information system (IS), implements the four (4) basic IS functions: Input - Data gathering process which is building block of COMPSTAT comprises of information compiled from variety of sources like police incidents, arrest reports, suspect debriefing, telephone calls, and field interview reports. Pushing the inputs to Incident Reporting System will help to maintain a database for future reference. Crime analysts were responsible for inputting the data and felt personally responsible for their accuracy; Data errors could be discovered as a result of the close collaboration among members of the CAU, who were familiar with the geography and nature...
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