Strategy management case study Example | Topics and Well Written Essays - 250 words

Strategy management - Case Study Example Hikma Pharmaceuticals Company has experienced expansive growth and success over the years (Gillespie & Hennessey, 2011). To match the world’s current competition status in the pharmaceuticals industry, the company needs to implement the following recommendations. Hikma has defiled odds of political turbulence to become one of the world’s top drug producing companies in the world. However, there is a challenge of political risks especially from MENA community. Hikma should therefore carry out thorough international relations to win the politically unfriendly countries. The move will see the company enjoy good customer relations in all its marketing environments. Hikma should have continued investment in the research and development (R&D). The R&D investment will be crucial in maintaining pharmaceutical company’s efficiency through development of innovative and new drugs that current world market demands (Chrysostome & Molz, 2014). The company should also take part in genericization process in which it develops and modifies the already existing drugs. Hikma should put more efforts to acquire FDA approval as quality drug manufacturers to penetrate US market effectively and efficiently (Johnson & Scholes, 2006). Successful acquisition of FDA means Hikma shall have acquired quality-manufacturing standards to assure it of a wide market base. In addition, Hikma will also overcome the restrictions and regulatory measures that bar it from manufacturing certain products as well as accessing some markets. To fulfill and reach its global market ambitions, Hikma should create more opportunities for a profitable future by increasing the demand for its shares and improving its liquidity (OBG, 2010). Consequently, employee commitment and profits will increase significantly. Finally, Hikma should focus on advocating patent expiries and increase in demand for medicines that are cost-effective. Such strategies will help in easing the current pricing pressures

Legal regulatory , and etical issues Research Paper

Legal regulatory , and etical issues - Research Paper Example One of the infamous instances I had witnessed was the discrimination of black employees by the MacDonald Incorporation. Despite the claim that McDonald is a discrimination-free organization, its franchisee Michael Simon of West Virginia was taken to court for discriminating against its employees purely on their racial background (Loevy, 2011). It was alleged that the company had indiscriminately fired 10 black employees who had earlier been exposed to discriminatory practices such as perpetual insults and sexual harassment. Rather than hurling abusing words like ‘bitch,’ ‘hot Mexican’ and ‘ghetto’ to these blacks, they were improperly touched and compelled to have sexual affairs with their white supervisors (Burstein, 2005). This was an act of discrimination that directly violated Equal Employment Opportunity Act and Title VII of the Civil Rights Act which outlaws workplace discrimination and advocate for equal treatment of employees. In my capacity as a leader, I would like to recommend that such unfortunate incidents can be eliminated by providing legal education to all the departmental heads and informing them on the angers of such violations (Branch, 2008). Besides, as a leader, I would act as a role model by creating a discrimination-free working environment for everyone else to

Korean history Essay Example | Topics and Well Written Essays - 2000 words

Korean history - Essay Example Admiral Yi Sun-shin successfully destroyed the Japanese invasion fleet the invasion thus slowing down the invasion. The kingdom also formed guerrilla armies that were effective in reducing the effect of the Japanese invasion. Admiral Yi Sun-shin’s success made sure that the kingdom still had control over sea routes. This enabled them to hamper the supply lines of the Japanese troops. In 1593, the troops that were sent by Ming China, were led by General Yi Sun-Shin and were effective in pushing back the Japanese troops. During this period, the kingdom was able to produce the Geobukseon ships and powerful firearms that were helped in their resistance against the Japanese invasion. Ching emperor led an expedition of 120,000 men in the year 1636.When King Injo heard about the invasion he panicked and fled to Ganghwa Island. Due to Huang Taiji’s fear for his own territory they offered the ChosÃ… n kingdom a peace deal which the readily accepted. However, even after the peace deal ChosÃ… n continued to defy Manchu. This time round they blocked the king’s escape route though the king still fled to the Namhansan fortress. The Korean army was unable to respond to the invasion due to the scarcity of food and immunizations. The kingdom attempted severally to break the siege for other regions but was unsuccessful. The charges made from within the fortress were also unsuccessful. The state of desperation eventually led to the submission of the kingdom with Kwanghaegun opting for developing a good relationship between them and the Manchu. The submission marked by the king handing over three of his pro-war official to the invaders and agreeing to their ter ms of peace deal. By the time the western encroachment was coming through there are a number of things that were different in terms of Korean defense forces. Taewon’gun had repaired the

HRM Overview Essay Example | Topics and Well Written Essays - 4000 words

HRM Overview - Essay Example The organizational function that deals with the people ..." (Heathfield, 2007). The purpose of this paper is to describe the extent to which HR practices can effectively modify organisational culture and thereby increase the commitment of employees, and also give an account on various aspects of HR management. HR applies to the workforce managed by any employer. An organisation or a business needs employees. In other words, without employees it becomes highly difficult for an organisation to run. It is also equally important to properly manage these employees in order to achieve optimal efficiency. There are several research conducted over the years of how to manage the workforce properly. If fact it has been proven to be much more difficult the workforce than maintaining the complicated computer systems or many other machines. It has also been proven beyond doubt that a mechanical approach towards workforce has often failed. This is the reason why the application of human resources management focuses mainly on the most sensitive issue of human analysis to find out what really works with employees. One of the major aspects of HR maintenance involves employee recruitment, training and development as a function of human capital management. Human Resource Management has an important role in making sure that employees' abilities are precisely and favourably nurtured to best suite the companies' requirement. Once the training of an employee is completed, it is essential to seeing a worthwhile return on investment come from their contribution to the company. Along with employee training, HR departments also look into the area of recruiting new applicants. The HR departments are in a continuous quest to find the best talent available on the global labour. Human resources departments also look into a variety of other problems faced by the organisations such as labour relations that include the crucial and highly sensitive dialogue between employees and management - the production of job descriptions, the monitoring of worker to worker relation and to design a efficient employee management system, and over an above the compilation of incentive and benefits packages as well as a variety of other vital functions that relate directly to the employee workforce (hrVillage.com, 2000). In any organisation, the Human Resources Management (HRM) function remains same and it includes a variety of activities. The most important among the functions is deciding on how many staffs need to be recruited and how to allocate the work to the staff. Besides, recruiting and training the employees, ensuring to bring out the best in each of them, dealing with performance issues, and ensuring standards of the organisation is met and above all management practices conform to various regulations are some of the main functions of HRM (McNamara, 1997). HR Impact on organisational performance and culture Good strategies alone cannot guarantee for long-term success rather many other factors impact organizational performance. Corporate culture is one such important factor is which aids an organization to create a high performance environment. Because culture is so important to the success of a firm, human resource professionals need to

Environmental Sustainability Essay Example | Topics and Well Written Essays - 2250 words

Environmental Sustainability - Essay Example It has also been alarmed by the fall of Soviet Union. China naturally wants to get benefits of globalisation and has been showing a reformed smiling face to the global economic world. For a communist regime, this is no mean task and even though the internal control has never been slackened in any way. The economic conditions are definitely exhilarating, but western economists say that there are obvious pitfalls in the economic path chosen by Chinese government unless it makes amends for economic and environmental sustainability. China is the most populous country in the world having population density of more than 130 people per sq. km. The family plan came into being when the Chinese government realised that the population problem is getting out of hand. "Chinese government realized that the over-rapid population growth was harmful to economic and social development, and would cause great difficulties in the fields of employment, housing, communications and medical care; and that if China could not effectively check the over-rapid population growth, and alleviate the tremendous pressure that the population growth was exerting on land, forests and water resources, the worsening of the ecology and the environment in the coming decades would be disastrous, thus endangering the necessary conditions for the survival of humanity, and sustainable social and economic development" China's economic development is not simply based on the g... ttribute much of China's rapid economic growth to two main factors: large-scale capital investment (financed by large domestic savings and foreign investment) and rapid productivity growth. These two factors appear to have gone together hand in hand. Economic reforms led to higher efficiency in the economy, which boosted output and increased resources for additional investment in the economy" according to CRI issue brief for Congress", http://www.fas.org/sgp/crs/row/IB98014.pdf It is considered to be Chinese miracle that the economic growth of China has altered the world economic scene. But according to economic analysers, Chinese economic growth has reached a critical stage, where more caution is necessary in policy making. "At the same time, China's economic transition also reached a critical stage. Significant internal developments were and still are forcing the government to consider more aggressive reforms" http://findarticles.com/p/articles/mi_m1094/is_n3_v33/ai_20946408 But, there are many internal and external factors hindering Chinese economic growth. It is not easy to change the economic internal scenario overnight from an autocratically managed, centralised economy into a liberalised with slackened control one overnight. There are many steps to be taken mainly to alter the internal shape of the economy, industry, finance and business and naturally, the path to do that is rather rough. It is true that China is facing difficulties with state owned enterprises, which are running under loss and are about to shut down. The government has decided to support the larger enterprises, and the smaller enterprises will become part of history. China's economic development has caused other Asian and Western countries to sit up and take notice. China, till now, has

The Reform in the US Education System Assignment

The Reform in the US Education System - Assignment Example In this regard, the assignment intends to investigate the problem related to the given case study and identify changes required for implementing the same as well as explain the plan that would be used to bring about the change. It can be identified that the first goal is to increase the standard of all students in the nation and ensure their success. In this regard, the major stakeholders will be students, teachers, and administrations. It is important for each stakeholder to know about the goal as it would not be possible to attain the goal without the support from each other. The second goal is to incorporate technology into the education system. The stakeholders for this goal will include students, teachers, and administrations. Accordingly, the current era is driven by constant evolution and hence these stakeholders must reveal their understanding towards the changing educational system. Next goal is regarding comparability and equity. The stakeholders for this goal would include students, teachers, and administrations. It is equally important that all stakeholders are aware of the goal as it is pivotal that fairness and equality are maintained in the education system without any discrimination. In the similar context, developing career-ready standard is another important goal, which needs to be focused upon in order to ensure positive reform in the education system, Accordingly, the teachers, students, and administrations will be the stakeholders and the goals is important for them as it would enable them to determine the path in which students are moving (Gardner & Mendoza, 2010). Finally, promoting innovation in the education system is another important aspect of the changes that need to be brought in order to eliminate the gaps associated with the current education system. Students, teachers, and administration will be the major stakeholders.

Fast food Research Paper Example | Topics and Well Written Essays - 2000 words - 1

Fast food - Research Paper Example In today’s fast-paced life, when you are living live in the fast lane and when you are up and about in the midst of a hectic day of errands, you have hardly enough time to gulp down a drink before you are off preparing for your next appointment. Sitting down to have a decent meal, then, becomes a challenge - a challenge to which fast food restaurants have risen. Fast food has now, become so ingrained in our culture that it is difficult to imagine a world without burgers and french fries. Today, fast food is not only served in restaurants and drive- throughs but also at schools, colleges, malls, gas stations, air ports and even in hospitals. Although fast food is convenient, affordable and readily available, it has brought about increased health problems, resulted in the degradation of the environment, created a food industry controlled by giant corporations and has led to the loss of the family tradition of eating together. In his book, Fast Food Nation: The Dark Side of the All-American Meal, Eric Schlosser observes that â€Å"fast food has infiltrated every nook and cranny of American society† and that â€Å"In 1970, Americans spent about $6billion on fast food; in 2000, they spent more than $110 billion. Americans now spend more money on fast food than on higher education, personal computers, computer software or new cars. They spend more on fast food than on movies, books, magazines, newspapers, videos and recorded music – combined† (Schlosser, 4). In the past, Americans used to eat freshly-prepared and healthy meals at home. Meals were then prepared by people who cared about the health and well-being of their families. Today, however, Americans gravitate towards fast food such as hamburgers and pizza which are prepared by strangers who do not give a thought about our health or about food safety. Why and how did fast food become so popular among Americans? What had caused this more than 500% increase in fast food spending? Eric Schlosser explains part of