Principles Of Management
Program / Intake: BCom22 Module: Principles of Management Assignment Amount: NA Lecturer: Mr Dipan K Mehta Student IDENTIFICATION: 32367669 Program Manager: Hazel Ong
Table Of Content material
1 . zero Introduction
installment payments on your 0 SWOT Analysis
3. 1 Advantages
3. a couple of Weaknesses
3. 3 Options
3. 5 Threats
several. 0 Four Functions Of Management
some. 5 Planning
4. 6 Organizing
four. 7 Leading
4. eight Controlling
four. 0 Summary
5. zero Recommendations
6th. 0 Sources
1 . 0 Introduction
Pfizer is a multi-national pharmaceutical company that builds up and produces medications intended for various types of medical conditions. Founded in 1849 by a couple of cousins, Charles Pfizer and Charles Erhart, Pfizer Corporation started of as a great chemicals manufacturer. It then learned an antibiotic about a 12 months after it's founding and also have worked toward becoming a research-based pharmaceutical company. Today, Pfizer Corporation has become one of the leading and largest research-based pharmaceutical-manufacturing corporations in the world.
Headquartered in Ny, NY, USA, Pfizer Firm has expanded the company all over the world including The european countries, America and in addition Asia. Inspite of having various obstacles throughout the years of increasing throughout the world, Pfizer Corporation was able to stay on among the top inside the pharmaceutical industry. 2 . 0 SWOT Examination
The SWOT Analysis is actually a tool used by various firms to distinguish and identify you’re able to send internal pros and cons as well as exterior factors which include opportunities and threats the fact that company is usually facing or perhaps will encounter in the near future. It is vital for a firm to know the internal and exterior environment that may be affecting or will affect the company in order to be successful in current and future proper planning. With all the information obtained to determine the external and internal factors that will be affecting these people, the company should be able to strategize very well and progress in turning into one of the best in the marketplace.
SWOT Analysis of Pfizer
2 . 1 Talents
It have already been reported that Pfizer Corporation is one of the many highly progressive company rank in the chart of the DTI R& M scoreboard and in addition in " Business WeekвЂќ in yr 2006. Staying in a pharmaceutical drug industry it is essential for a company like Pfizer to be lively in r and d in order to constantly stay in the marketplace and keep up being inside the healthcare sector as there are innovative diseases uncovered everyday and more new drugs to be produced everyday. Pfizer Corporation can be recognized worldwide, having embarked out in the earth market and through tactical partnerships and acquisitions of diversified businesses such as Wyeth, another pharmaceutical corporation. Which has a high number of employees from all over the world in the company could increase the probability of higher sales and fresh developments which in turn develops a very good Research and Development(R& D) team and sales team inturn results in a greater revenue. Pfizer Corporation has a handful of high selling products currently in the market, which includes Viagra, a great erectile dysfunction therapy, Celebrex, a problem management medication, Zoloft, an antidepressant and a hypercholesteria lowering medicine , Lipitor. installment payments on your 2 Disadvantages
However , higher revenue results in higher R& D expenditures. Being a highly innovative business, Pfizer Company invested a large amount of money in to discover and market new medicines. These discoveries often...
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Mennen, Meters. (2007). Creativity & Progress - An instance Study of Pfizer