...Johnson and Johnson Healthcare Success Johnson & Johnson (JNJ) is the world's largest healthcare company. Founded in the United States in 1886, the company has been profitable for 75 straight years and currently operates 250 subsidiary companies in 57 countries (Johnson & Johnson [JNJ], n.d.). JNJ’s products fall into three segments: pharmaceuticals, with 39% of total sales, medical devices and diagnostics with 36%, and consumer products, with 25% (JNJ, n.d.). Additionally, the company employs 119,200 people worldwide and sells its products in 175 countries (JNJ, n.d.). A truly global corporation, Johnson & Johnson has securely positioned itself to overcome the challenges of its ever changing business environment, as well as take advantage of the opportunities presented. Johnson and Johnson strives to live by its Mission and Vision Statement, as well as provide a mission statement that touches all consumers in every geographical location. Medical technology is one of the fastest moving industries in the world, and it is not surprising that competition within it is fierce. There are two major social changes on the horizon that will both affect JNJ as well as provide tremendous opportunities for consumers and stockholders. The first is the aging population. The large baby-boomer generation, consisting of those born between 1946 and 1964, has had a huge social and economic impact on the world since its birth. The influx of senior citizens will create huge demands throughout...
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...Skills and Characteristics of Mental Health Service Workers Working of any person in the mental health service field could be a very difficult task for many of the people. The author believes that there are many people that were born to be for that path and also there are persons that have been trained to be helpful and sympathetic. Although, not each and every person is cut out to become at the front line of this field, those that are become very much extraordinary people. Prepared to give up all their lives and all their time to help others and not showing interest in making a lot of earning by doing so. This collection of people has only one of its kind personality that could not be taught to or passed out to everyone. The people that do job in the mental health service field are a different class of people and try their best by helping us to make our present world a peaceful and better place. Knowledge and training is just the establishment of what is necessary to be winning in the mental health service field. A mental health service worker must be capable to put his own prejudices to the side to be able to help his or her consumer in the suitable comportment. Putting aside his own prejudices does not stand for putting aside common sense. Principles are another features or key point to be unbeaten, without this then one truthfully cannot generously see the entire big representation. Not being critical is another key point, you are bearing in mind to...
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...Lyndon B. Johnson took office during the 1960’s waging war with Vietnam. The people of Vietnam split into two different nations. The southern part of the country had a communist style of government and desired to take over the north. Unfortunately communism was the primary fear of American politicians and most American citizens. Although many Americans sided against going to aid North Vietnam, President Lyndon Johnson felt it was his duty as Commander and Chief of the United States Military to police the world and stop the spread of communism. America entered Vietnam in 1965; one of the first major battles was the Battle of La Drang. The Battle of La Drang took place from November 14-18 1965. The American troops were out numbered 3,000 to 300. The American army was led by Colonel Harold G. Moore. This battle was the first major battle in which constant air support was used. The strategy was helicopters would bring and take men in and out of battle every thirty minutes. This strategy would save over 200 American lives. The first wave of soldiers landed at approximately 10:48 A.M. Within the first thirty minutes of landing US troops had secured the landing zone and a creek bed. While setting up their perimeters along the creek bed the American troops spotted a SVA spy. After securing the creek bed Colonel Moore was informed that one of his platoons had been separated from the battalion. The leader of the cut off platoon Captain Herrick, he had a vital decision whether to attempt...
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...Communication opinion paper HCS/320 – HEALTH CARE COMMUNICATION STRATEGIES Communication usually starts with the person that verbally presents the speech by the speaker. In fact, it is an act made Successful when the two parties collaborate effectively. Although the tone and the style of the person who`s speaking is one of the great factors that often influence the understanding of any communication. First to understand the process of communication I will need to focus on what is communication and discuss it can create a positive aspect. Communication in health care is a way to send clear messages to patients, family, and cultural issues also can affect communication. Communication means send messages to the recipient by talking, writing or gesture. Moreover, to make the process successful, it is essential to maintain the right process with appropriate hierarchy of actions. Perhaps, it is as if the corporate world with hierarchies of feedback going upward to the top position on the lowest rung. So some fundamentals are needed. Perhaps, the central idea of communication is to act as both a receiver and a sender while someone is communicating with another person. Then there is a process of decode and encode the message. However, ideas come to our mind then we process it and send it to the other person. We send ideas in a way that the receiver can understand. Although, when the receiver tries to understand the message, that...
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...For this report I will be outlining the four steps of customer-bases brand equity (CBBE) in the Ralph Lauren brand and describing to what extent I think the Ralph Lauren brand has achieved resonance with its customers, moreover I will also be describing the Points of Parity (POP) and Points of Difference (POD) of the Ralph Lauren brand. I will also be recommending ways through which the brand can continue to be successful in the future. Polo Ralph Lauren created in 1967 by Mr Ralph Lauren is considered nowadays as one of the well-known brands throughout the world. As a famous global player in the design and lifestyle marketing industry, Polo Ralph Lauren range its product lines from relatively inexpensive to expensive brand in offering men’s, women’s and children garment and accessories and also perfumes and home furnishings. Widely perceived as the number one brand that represents the American Style, Polo Ralph Lauren has adopted a whole marketing strategy leading to a strong brand equity since its setting up. Moreover, the brand sells its goods internationally (9,000 Locations worldwide) while keeping its 44 years reputation and distinctive image developed across the different products and brands markets. Due to its marketing tools and its high quality brand image, this luxury brand keeps a constant relationship with its customers. This report will first of all highlights how Ralph Lauren brand has achieved this complete resonance with its consumers through the all four...
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...Introduction The main activity of Mead Johnson Nutrition Company is producing infants and children nutrition products and dietary supplements. It is most famous for the series of poducts such as Enfamil and Nutramigen. Mead Johson provides dietary products that suits the young human body and improves its health and growth. The company has special product lines for children suffering from nutrition problems and infants with deceases that require special diet. The company, in conjunction with pediatrists and other medical professionals, is conducting wide researches to develop their products. Presently, Mead Johson Company has eight families of products that are available in the markets worldwide. Three manufacturing facilities in theU.S. supply products to the local market. In addition, there is a facility in Mexico and in Brazil. European market is supplied with products from the manufacturing facility located in Netherlands and Asian market – from three facilities located in China, Thailand and Phillipines . Sales for the first six months of 2013 were $2,093.2 million, with the largest input from Latin American and Asian markets. Asset value for the period ending December 31, 2012 totaled $3,258.2 million . Table 1. Key Ratios (MJN) Key ratios (MJN) 2007 2008 2009 2010 2011 2012 TTM Earnings Per Share USD 5.84 2.32 1.99 2.2 2.47 2.95 3 Net Margin % 16.4 13.67 14.14 14.41 13.83 15.49 15.25 Return on Assets % 33.72 29.58 23.29 20.75 20.1 20.07 19.53 Return on...
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...Case reflexing questions: 1- Evaluate the overall effectiveness of the "fair and square" repositioning strategy. How well or poorly do all of the elements work together or work at odds with one another to deliver a coherent whole? What elements are missing? In order to evaluate the strategy, its several elements need to be analyzed: The new name “Fair and Square” communicates honesty and simplicity to the consumers. It stands for a clearing up of the chaos the countless rebates and discounts, which were part of the past strategy. The new name aims exactly the perception consumers might had of being cheated by the department store. If JCP was able to give this huge amount of discounts (on average 40% off), what is the original price worth then? Customers might perceived normal prices as too high and the discount structure too complicated due to a lack of overview, which is the main idea of the new strategy. “Fair and Square” communicates trustworthy of the company. The new price strategy is therefore another key element of the new strategy and needs to be evaluated. By limiting the amount of discounts and special sales to regular daily prices increases transparency for the consumer and help to understand the new prices. Rounding prices from .99$ to the full Dollar communicates psychologically fairness as consumers can easier calculate their total expenses now and JCP doesn’t try to make their products seem to be cheaper as they actually are. But it also has to be mentioned...
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...Reflective Paper Ethical Treatment of Prisoners Johni K. Anglin SOC 120 Cornell Horn January 28, 2013 Ethical Treatment of Prisoners Societies Forgotten One may ask."What represents ethical treatment of prisoners?" What's more, does it make a difference as to what the prisoners crime is as to what kind of treatment would be considered ethical? For example, should a terrorist be treated differently than a thief? Additionally, who is to decide what kind of treatment of prisoners, regardless of crime, is ethical and what is not? What standard determines ethical versus unethical? Who really concerns themselves which such questions? Is ethical treatment of prisoners related to profitability in our country?"It is argued that Plato was right in claiming that justice is more profitable, more rational, and more intrinsically valuable than injustice (Velasquez 1996). Certainly mistreatment of the least among us is injustice. If so then the question may then become, "What is justice?" To be sure, it seems that there may well be more questions regarding the ethics surrounding treatment of prisoners than solid answers. For these reasons, it is necessary that the ethical treatment of prisoners be examined. I submit that we, as a society, are only as good as the treatment that we mete out to the lowest of our population. Do certain sectors of society like having a "prison-class" of criminals so that perhaps their transgressions against society may go unnoticed In order to successfully...
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...MAPOPA KENNETH KAPIRA EXPLOIT UNIVERSITY FACULTY OF COMMERCE BACHELORS DEGREE COMPLETION PROGRAM THIRD YEAR 2ND SEMESTER STRATEGIC MANAGEMENT SUBMITTED TO MR M.MUKIWA . Question 2 Globalization is a process of interaction and integration among the people, companies and governments of different nations, a process driven by international trade and investment and aided by information technology .This process has effects on economic development and prosperity, on culture, on environment, on political systems, and on human physical well being in societies around the world. Globalization is not new, though for thousands of years, people and later corporations have been buying from and selling each other in lands at great distances, such as the famed Silk Road across central Asia that connected China and Europe during the middle ages. Likewise for centuries, people and corporations have invested in interprises in other countries. In fact many of the features of the current wave of globalization are similar to those prevailing before the outbreak of the first world war in 1914. But policy and technology developments have spurred increases in cross border trade investment and migration so large that many observer believe the world has entered a qualitatively new phase in its economic development. The current wave of globalization has been driven by policies that have opened economies domestically and internationally. In my essay I will explain the implications...
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...JOHNSON & JOHNSON AND THE TYLENOL POISONING A bottle of Tylenol is a common feature of any medicine cabinet as a safe and reliable painkiller, but in the fall of 1982, this household brand was driven to the point of near extinction along with the fortunes of parent company Johnson & Johnson as a result of a product tampering case that has never been solved. On September 29, 1982, seven people in the Chicago area died after taking Extra-Strength Tylenol capsules that had been laced with cyanide. Investigators later determined that the bottles of Tylenol had been purchased or shoplifted from seven or eight drugstores and supermarkets and then replaced on shelves after the capsules in the bottle had been removed, emptied of their acetaminophen powder, and filled with cyanide. The motive for the killings was never established, although a grudge against Johnson & Johnson or the retail chains selling the brand was suspected. A man called James Lewis attempted to profit from the event by sending an extortion letter to Johnson & Johnson, presumably inspired by the $100,000 reward the company had posted, but the police dismissed him as a serious suspect. He was jailed for 13 years for the extortion but never charged with the murders. The response of Johnson & Johnson to the potential destruction of its most profitable product line has since become business legend and is taught today as a classic case study in crisis management at universities all over the world. Company chairman James...
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...* Wal-Mart Plastic Bags FUNSAM es la empresa que le distribuye bolsas plásticas a Wal-Mart, Por otra parte en su proceso de producción reciclan el recorte, que viene a ser un 8 %. En el mismo momento que sale del proceso de fabricación se mete a la recicladora y vuelve a ingresar a la máquina. FUNSAM posee una capacidad de almacenaje en los silos de 300 toneladas, el material viene a granel. * Pedido: Walmart realiza el pedido a funsam. * Extrusión: Una vez que los detalles de la bolsa están totalmente definidos con el cliente, el pedido pasa a extrusión, primer paso en la cadena de transformación de la granza de polietileno en una bolsa o film de plástico, Como insumo principal en el proceso utilizan resina de alta densidad de la cual un 90% es Alathon L5005 del fabricante Lyondell-Equistar y el 10% restante es E-924 de Formosa, directamente importado del fabricante. El uso de Master Batch es garantizado a una concentración del 70% de TIO2 (Dióxido de Titanio). * Comprobación de programación y materiales: se comprueban las mezclas de material y aditivos necesarios para conformar el pedido: alta o baja densidad, con o sin polietileno lineal, deslizante o antideslizante, con o sin pigmento de color, superficie porosa o lisa, etc. * Pigmentación: La granza de polietileno es transparente, por lo que es necesario añadirle pigmento para conseguir el color deseado en el material. El pigmento se mezcla con la granza en las tolvas de las extrusoras. Se añadirá...
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...1 STRATEGIC MANAGEMENT Exercise 1 TTA-62036 Strategic Management 2 TABLE OF CONTENTS TABLE OF CONTENTS .................................................................. 2 1. DEFINITION OF STRATEGIC MANAGEMENT .......................... 3 2. BENEFITS OF STRATEGIC MANAGEMENT ............................ 4 3. STRATEGIC MANAGEMENT IN DIFFERENT ORGANIZATIONS 6 4. MEANING OF THE TERM ”STRATEGIC MANAGEMENT” ....... 8 5. BIBLIOGRAPHY ......................................................................... 9 3 1. DEFINITION OF STRATEGIC MANAGEMENT If one wants to answer questions like “What benefits strategic management has?” or “Does role of strategic management vary across industries?”, should first be discussed that what is actually meant by strategic management. Business strategy can be determined as a “set of managerial decisions and actions that determines the long run performance of a corporation” or as a ”theory about how to gain competitive advantages” (Nokelainen 2013). This text will be concentrating on business strategies so these determinations are usable. Strategic management is done in long time range. Therefore, strategic managament can be separated from operative management which is done in shorter time range. Strategic management can be divided to four different steps: planning, organizing, implementation and control. (Haverila et al. 2009). With this determination strategic management reveals as a broad phenomenon. On the other hand, strategy...
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...Inc. HBS Case No. 9-693-019. Harvard Business School Publishing, Boston, 1995. , Hammond, Janice H. Barilla SpA (A). HBS Case No. 9-694-046. Harvard Business School Publishing, Boston, 1994. , Latour, Almar. Nokia Handles Supply Shock with Aplomb as Ericsson of Sweden Gets Burned. The Wall Street Journal. Dow Jones & Company, Inc., 2001. , National Cranberry Cooperative HBS #688122. From Case Map , John Crane UK Ltd Case : The CAD CAM Link . HBS #691021,24p , To Move or not to Move .Case of Cathay Pacific Airways . University of Hong Kong HBS #HKU003,22p , Note on Quality: The Views of Deming, Juran, and Crosby HBS .687011 , Process Control at Polaroid , HBS, #693047 , LL Bean Item Forecasting and Inventory Management HBS, #893003, 5p , Johson Control Automotive Systems , HBS,#69308623p , Title Operations Management Concepts, Techniques & Applications Operations Management Author Evans & Collier Edition 1st Year Publisher Name Cengage Learning Tata McGraw Hill Author Norman Gaither,Greg Frazier Edition 9th Year Publisher Name Cengage Learning William Stevenson Taylor 8th Relevant Websites Sr No RW-1 RW-2 (Web address) (only if relevant to the course) "www.apics.org " "www.asq.org "...
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...SYLLABUS AKU 3301 – AUDITING 1 Prerequisite: AKU 2101 Credit Hours: 3 Instructor: Sugiarto Room: First Floor Southwing, SMS: 08122740472 Course Description This course is the first course in auditing subject. This course has an overall objective to help students to learn the basic concepts and practices of auditing and assurance services as well as to understand the auditor ethics and responsibilities. Also, it helps students to understand the basic concepts that underlie the audit process and how to apply those concepts to various audit assurance services. Through the first part of auditing course, much attention is given to the conceptual, theoretical and practical aspects of auditing financial statements. This course will also examines auditing theory and practice, emphasizing audit standards in Indonesian context, audit risks, materiality, characteristics of evidence, internal controls, auditors’ reports and professional ethics, sampling, and audit programs. Course Objectives After completion of this course, students are expected to be able to: 1. Understand why there is a demand for auditing and assurance services 2. Differentiate between auditing and accounting 3. Understand the relationship among auditing, attestation, and assurance services 4. Know the different types of auditors and their types of services 5. Understand the issues currently affecting...
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...CASE ANALYSIS: JOHNSON TURNAROUND * INTRODUCTION AND ISSUE RELATED TO THE COMPANY Johnson Pte Ltd (JPL) is a public non-listed subsidiary of FMCG group of companies based in southern Indian region. At first, it is a wholly-owned Indian government company. However, it was taken by Hong Kong group companies with 80% acquisition of the shareholdings after 20 years of operation. Johnson Pte Ltd manufactured and distributed a wide range of product including foods and commodities. Besides, it also involves in restaurant businesses and owned several retailing outlets. A few years after the acquisition taken place, the company had experienced continuous decline in sales and the rising of operating cost. Because of that reason, the chairman of the company (CEO) personally assigns Encik Azmi in November 2009 for the purpose of rectifying the situation before it become worsen. He was given a mission by Chairman to plan and execute a turnaround program for the company. In order to do the task, he has to check what is happening to the company credit control and inventory management. * SWOT MATRIX STRENGTH 1. Good relation with government person 2. Maintain good rapport with local communities 3. One of key markets players 4. Product diversification | WEAKNESSES 1. Non-strategic location 2. High operating cost 3. Poor management of account receivable 4. Poor asset and inventory management | OPPORTUNITIES 1. Higher earning power of consumer 2. Entering new...
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