¬¬ INTERNATIONAL BUSINESS ENVIRONMENT
Individual Assignment
Know a Leading Business Enterprise and its Internal Environment
Declaration
I, Mohammad Farooq Shaik do hereby declare that the report is my individual effort and that no part of the report is copied from published/unpublished sources without proper citation.
Mohammad Farooq Shaik
PGP 30208
Section D
Table of contents
Executive Summary 3
Introduction 4
Vision and Mission 4
Management Structure and Nature 5
Human Resource 8
ENTERPRISE IMAGE AND BRAND EQUITY 9
Performance of the Enterprise 9
References 10
Executive Summary
This report studies the internal environment of GlaxoSmithKline (GSK). GSK is a pharmaceutical, vaccines, consumer healthcare, and biologics
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Over the years, the company went through some major mergers and acquisitions, transforming from Glaxo to Glaxo wellcome to GlaxoSmithKline. A final merger between Glaxo Wellcome and SmithKline Beecham in 2000 led to founding of GlaxoSmithKline. Considering the revenues as of March 14, 2014, GlaxoSmithKline was the 6th biggest pharmaceutical company in the world. [2] Moreover, as of May 2014, GSK boasted a market capitalization of £79 billion. With its corporate head office in London and operations in some 120 countries, GSK engages in creating, discovering, developing, manufacturing and marketing its consumer health-related and pharmaceutical products. It manufactures vaccines and drugs for diseases such as cancer, infections, asthma, diabetes and mental health conditions. GSK and its predecessor companies either discovered or developed many of these medicines, which are now sold as generics. GSK’s drugs and vaccines accounted for a revenue of £21.3 billion in 2013. [1] The consumer health section earned £5.2 billion in 2013. The consumer health care division comprises of oral healthcare and nutritional products such as Sensodyne, Horlicks and Boost. …show more content…
This makes it a tall hierarchy. At the top, GSK’s Board of Director comprises of 14 members, including the CEO. The CEO is assisted by a Corporate Executive Team of another 13 members, each of whom are responsible for specific part of the business. The CEO is responsible for the vision and mission. He drives the international growth and involves the R&D division.
The Chairman leads and manages the business of the board. He/she provides the focus and direction and ensures proper functioning of the Board and its Committees. He sets the agenda for the Board meetings to promote constructive decision-making process and communicates with the Board members regularly to update them with the company’s
Under the company’s umbrella, there are 2,796 grocery supermarkets, to name a few Kroger, City Market, Kings Shoppers, Harris Teeters, Ralphs and Smiths are located throughout 35 states and the District of Columbia directly or through subsidiaries operations. (GuruFocus.com) The Company’s portfolio extends to successfully tackling and implemented 2,255 pharmacies. The company recent acquisition and merged a deal with ModernHealth in 2016. Under the merger, the company’s customer base would be broadened by the Kroger’s providing medication they normally do not disperse.
After doing research for this assignment, it helped me to understand that, first various teams and organizations run and do things differently from one another. It showed the variety of positions and the responsibilities that each one holds. It gave me a more defined insight of the corporate structure of the
DAPTS CONSULTANTS ® REPORT ON BELL CANADA ENTERPRISE (BCE) COMPILED BY: PRABHLEENGREWAL TARANDEEP ANIKET GUPTA SOHAIL DEEPAK GABA SAMARVEER SINGH KAMRA PRATEEK SINGH Contents INTRODUCTION 3 COMPANY OVERVIEW 3 PRODUCTS AND SERVICES 4 HISTORY 6 REVENUE ACCORDING TO THE SECTORS 9 VISION AND MISSION STATEMENT 10 SWOT ANALYSIS 13 INTRODUCTION Bell Communications Enterprise is the largest communications company in Canada with a subscription of approximately 21 million users out of a population of 35.50 million approximately . Bell deals in all three types of businesses as it provides services to consumers (B2C), business (B2B) and the government (B2G). It is a company known to provide the best quality communication service
Pfizer has a significant amount of cash on hand and investments held overseas. Changes to the US corporate tax system now means overseas cash is taxed at 15%. This means Pfizer can more easily access funds with less penalty. Human Resources Management. • Staff Recruitment • Training
Underneath the Chief executive, there is 5 different sectors in Macmillan that are run under the Chief executive and the board of trustees. Which they have to keep under control first sector is services
Five previous C-suite executives sit on the board. These members bring a significant knowledge base in the financial, strategic and general management of large companies. Rounding out the board are two inside directors, Mr. Mendes and Mr. Neil, Diamond's CFO. Furthermore, the board consists of an audit committee, compensation committee, and a nominating & governance committee. Given the wealth of industry knowledge and management experience, the company's board had the capability to successfully govern Diamond Foods as it continued to
I. Strengths of TARGET Corporation Target Corporation is one of the largest and oldest public discount retailing company operate in the United States. The company founded in 1902’s by George Dayton (as also known as Dayton Dry Goods in 1962’s). Target store has a huge store footprint and enjoys considerable brand recognition. Target’s portfolio of owned and exclusive brands is also its strength, which allow retailer to a valuable differentiating lover in high competitive retail environment.
Johnson & Johnson currently has a 10.4% market share of the Pharmaceutical Manufacturing industry. They have the second largest share of this industry, just behind Amgen at 10.9%. By looking at the revenue and operating income for Johnson & Johnson, we can see their margins and evaluate their performance. Johnson & Johnson’s operating profit margin improved from 2015 to 2016 but decreased significantly from 2016 to 2017. The operating profit margin for the company as a whole in 2016 was 28.72% and in 2017 it was 24.07% (Appendix A).
has made structural changes like embracing decentralization in decision making, encouraging creativity at all levels so as to better suit market demands. Apple Inc. consists of eight board members, The Chief Executive Officer, Senior vice presidents, Vice presidents as well as other team leads. The main features of their organizational structure are functional based grouping and product based grouping. The Senior VPs handle different functions as marketing, branding, advertising, sales while the VPs handle different product lines such as the IPADS, IPODS, MACBOOKS etc and they all report to the CEO.
The goal is to make a lifechanging medication at an affordable price. Also, owning a lot of patents under their name has helped them earn a lot of profits. The Merck company has succeeded in differentiating itself as cost leadership
Among its organization Chanel is divided in three sections. First there is a board of directors conformed by three persons: the CEO, who is Maureen Chiquet, the Chairman of the Board who is Alan Wertheimer, and the Director who is Gerard Wertheimer. Second, the CEO controls the ten management positions of Chanel, which are: the president who is Francoise Montenay, the COO who is Ariel Kopelman, marketing, organizational development and human resources, design & creative who is Karl Lagerfeld, fragrance creation, Europe, fashion, watch & jewelry, and makeup. Third and finally, seven of the 10 management positions have subordinates, which are 26 different sections regarding multiple important tasks of the company.
• Opportunities: Global expansion, Growing product portfolio, Mergers & Acquisitions • Threats: Decreasing demand, intense competition, increasing labor wages • Strengths: Strong brand portfolio, good cash flow, global footprint • Weaknesses: Long term debt Alternatives • Increase market share in developing economies, if KHC increases their market share it will put them at a competitive advantage
Kerk Chiew Siong, Non-Executive Vice Chairman of the company, plans strategies for market development of Group’s products. Kuo Choo Song was appointed as Managing Director of the company responsible to plan the Group’s business development programs and represent the group at numerous outsider functions. Teo Lee Teck, Non-Independent Non-Executive Director of the Company, supervise the product manufacturing, quality, and hygienic assurance of the company. Kerk Kar Han, Non-Independent Non-Executive Director of the Company, is responsible for maintaining and improving the organizational administration system, and company performances (Hup Seng Industries BHD.
The top management is the final authority and it manages policies and aims for an initiative. It basically focuses on coordinating and planning functions. Led by Chairman Peter Brabeck-Letmathe, the Board has 14 members to handle different parts of the business round-the-globe, supported by Chairman’s and Corporate Governance Committee, Nomination and Compensation Committee, Audit Committee, and Finance Committee. Middle Level of Management: The branch managers and departmental managers constitute the middle level.
A system to check and balances the benefit of all the board of directors and to avoid some of top management from making decisions that only benefit themselves is created and named corporate governance. Corporate governance means the system of rules, practices and processes by which a company is directed and controlled. The set of rules provided as a guidelines for the board of directors to make sure that accountability and fairness in a company’s relationship with its stakeholders such as financiers, customers, management, employees, shareholders and also society in order to achieve company’s goals and targets in a manner that add a value to the company. All of the stakeholders play an important role in corporate governance to ensure that