Description of Organization, all subsidiaries and/or strategic business units Merck & Co., Inc. was founded in 1891 and is a leading pharmaceutical company with headquarters in Whitehouse Station, NJ. First quarter earnings in 2012 were 11.7 billion dollars worldwide, with revenue being produced from pharmaceuticals, animal health, and consumer care. (Merck Financials 2012)Through science and innovation Merck is one of the largest healthcare companies in the world, delivering vaccines and medicinal needs to humans and animals. (Merck Sharp & Dohme Corp 2009-2012) The organization inside the United States of America is recognized as Merck and & Co, Inc., while outside the U.S., the organization is known as Merck Sharp and Dohme (MSD), or
Contents Executive Summary 1 Introduction 2 Background 2 History 2 Growth 2 Macro 3 PESTLE: 3 (P) Political – 3 (E) Economic (International) – 3 (S) Socio-Cultural – 3 (T) Technological – 3 (L) Legal – 3 (E) Environment – 3 Competitive Landscape of the Company’s Business Environment 3 Summary of Analysis 4 Conclusion 4 Executive Summary Introduction Background Cook Medical was founded in 1963, developed several of the medical devices that are commonly used today. Cook Ireland located in the National Technology Park in Castletroy, Limerick was established in 1997 as to design, manufacture and provide medical devices to customers all throughout Europe, Middle East and Africa. Today it employs over 700 people. Products manufactured
TERM PAPER ON ORGANIZATIONAL BEHAVIOR TOPIC: JOHNSON & JOHNSON – An Investigation On Its Success BY- RITUPARNA KURMI ROLL NO. 13UMPS13 B.SC 6TH SEMESTER DEPARTMENT OF PSYCHOLOGY JOHNSON & JOHNSON INTRODUCTION Johnson & Johnson is an organization which deals with the manufacture of American multinational medical devices, consumer healthcare packaged goods and pharmaceuticals. It was founded by Robert Wood Johnson with his brothers James Wood Johnson and Edward Mead Johnson in 1886. It started from making surgical dressings to improve proper sanitation and healthcare after being influenced from Joseph Lister, pioneer of antiseptic surgery. Johnson & Johnson includes
Philips’ first research laboratory was established in 1914 and the company started introducing its first innovations in the x-ray and radio technology. Over the years, the list of inventions has only been growing to include many breakthroughs that have continued to enrich people’s everyday lives. Mr. Philips also mastered the art of low pricing that attracted millions of customers. Through the years, this company has employed more than 121,284 associates worldwide through Amsterdam, North Holland, and Framingham, Massachusetts.El Paso, Texas, San Francisco. More than 120 million customers per week visit Philips stores worldwide.
Johnson and Johnson is a multinational company founded in 1886 by three brothers, Robert Wood Johnson, James Wood Johnson and Edward Mead Johnson in U.S., which manufactures and produce pharmaceutical items and medical devices. This includes around 250 subsidiary companies in over 57 countries and in over 175 countries, their products are being sold. Some of the products are the Brand-Aids, Tylenol medications, Johnson’s baby products, clean and clear facial wash and beauty products. (JNJ, 2016) Johnson & Johnson’s subsidiary, McNeil Consumer Products has an analgesic called Tylenol, which rapidly became the market leader in the UK analgesics market. In 1982, seven people mysteriously died after consuming Extra-Strength Tylenol in Chicago which caused a nationwide panic.
PART(A) GlaxoSmithKline is a leading organization that has a long history in its field. It is important to shed the light on its history to have background information about its first operation and to refer to the factors that helped it to have its outstanding position in the field of business. GlaxoSmithKline began operations on 1 January 2001 following the merger of GlaxoWellcome plc and SmithKline Beecham plc, but their combined histories go back much further than that. During World War II, the company focused on producing pharmaceuticals for the war effort. Glaxo's parent company, Joseph Nathan & Company, was dissolved, and Glaxo became an independent public company in 1947.
Background Steinhoff International Holding N.V. is an acclaimed global retailer and a multi-national corporation that has been doing business for over 50 years. Furthermore, the corporation owns over 40 domestic brands in more 30 countries across the globe. Figure1. According to the company’s website, the corporation adds value to the lives of their customers by providing products and service at reasonable prices for everyday consumers. Steinhoff started business operations in Westerstede, Germany by Bruno Steinhoff in 1964, the company began operation as furniture retailer that provided medium for furniture makers in the then communist ruled eastern Europe to sell their products in the free markets of western Europe.
It is imperative that healthcare managers recruit diverse leaders and embrace cultural competency. Witt/Kieffer conducted a survey nationally in 2011 to illustrate that diversity leadership in healthcare organizations today. (Witt/Kieffer, 2011) Witt/Kieffer is a national firm that was founded in 1969 and specializes in non-for-profit organizations, higher education, and healthcare. The mission is to recognize leadership solutions for organizations that are designed to improve the quality of life such as health systems, hospitals, medical centers, medical schools, colleges, universities, and community service organizations. Each year Witt/Kieffer conducts about 400 search assignments and research projects for presidents, CEOs, CFOs, and COOs to assist these organizations in becoming better.
More than 55% of revenue comes from US market and continuously doing innovation in health care products to add more value to customers. The company operates 134 manufacturing facilities and eight innovation centers across the globe. In the US, there are eight manufacturing facilities for the Consumer Products segment, eight for the Pharmaceuticals segment, and 26 for the Medical Devices and Diagnostics segment. There are 41 manufacturing facilities in Europe, 15 in the Western Hemisphere—except the US, and 36 in Africa and
Nestle corporate reputation is one of the highest among large companies in Switzerland. After 46 years from 1866, Nestle began in Malaysia in 1912 at Penang and move to Kuala Lumpur to become growth and expansion in 1939. Today, Nestle Company in Malaysia manufactures its products