Preview

Using Teams in Production and Operations Management

Good Essays
Open Document
Open Document
888 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Using Teams in Production and Operations Management
Using Teams in Production and Operations Management

BUS508 – Contemporary Business

Abstract

Johnson & Johnson is a company of enduring strength. They’ve been privileged to play a role in helping millions of people the world over be well and stay well through more than a century of change. The human health industry is constantly growing and Johnson and Johnson has strived to grow with it. Most importantly, they’ve helped shape and define what health and well-being means in everyday lives. Their products, services, ideas and giving now touch the lives of at least one billion people every day. People and values are Johnson & Johnson’s greatest assets. Johnson and Johnson realize that every invention, every product, and every breakthrough they’ve brought to human health and well-being has been powered by their consumers.
Describe a major global corporation

Johnson and Johnson was created in 1885 as a line of ready-to-use surgical dressings by Robert Wood Johnson and joined with brothers James Wood Johnson and Edward Mead Johnson. The company produced its first products in 1886 and incorporated in 1887. Robert Wood Johnson served as the first president of the company. He worked to improve sanitation practices in the nineteenth century, and lent his name to a hospital in New Brunswick, New Jersey. After Robert Wood Johnson’s death in 1910, he was succeeded in the presidency by his brother James Wood Johnson until 1932, and then by his son, Robert Wood Johnson II (jnj.com 2012).

According to CNN Money in 2011 Johnson and Johnson ranked number 17 out of 50 of the World’s Most Admire Companies and number two in pharmaceuticals. Johnson and Johnson is in the drug and biotechnology industry that sales about $61.90 billion, profits about $12.27 billion, assets of $94.68 billion and a market value of about $174.90 billion annually. (cnnmoney, 2011)

Johnson and



References: Environment New Service, December 8, 2004. Retrieved May 4, 2012 Johnson and Johnson. http://www.jnj.com. Retrieved May 5, 2012 Santoli, M. (2008). The Market 's Finest. Barron 's Magazine, September 2008 The Global Companies 2000 (April 21, 2010). Forbes.com. Retrieved May 5, 2012 The Wall Street Journal. "Red Cross Is Sued by J&J Over Signature Emblem". August 9, 2007

You May Also Find These Documents Helpful

  • Satisfactory Essays

    | The tasks that needed done on a daily basis could suffer, due to the conflict taking over.…

    • 433 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Sunbeam 's accounting firm, Arthur Andersen performed an audit and reported that Sunbeam 's books were accurate and in accordance with federal guidelines. However, the board was unsatisfied and hired Deloitte & Touche to review Arthur Andersen 's audit. This follow-up uncovered proof that the numbers had been manipulated. The Securities and Exchange Commission investigated Sunbeam, and its CEO, Alfred Dunlap, was fired and forced to pay millions of dollars to settle investment lawsuits. He paid $500,000 in fines and was banned from serving as an officer in a public company.…

    • 1577 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    Working with Teams

    • 273 Words
    • 2 Pages

    For this option, you must prepare information to share with your new team, describing how they were chosen, how the team will function, and your plan for solving the problem.…

    • 273 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Johnson & Johnson’s net property, plant, and equipment increased over the last 3-years. The net value of the company’s fixed assets increased from $14,553 (millions) in 2010 to $16,097 (millions) in 2012.…

    • 889 Words
    • 4 Pages
    Best Essays
  • Good Essays

    Our company’s mission is to extend and enhance human life by providing the highest-quality pharmaceutical and related…

    • 84801 Words
    • 340 Pages
    Good Essays
  • Best Essays

    Johnson & Johnson is a company entrenched in health care products and services that improve human well being. Since its formation in 1887, Johnson & Johnson expanded into a global corporation that controls over 230 companies worldwide. Look no further than your shower, medicine cabinet, or glove compartment to find a Johnson & Johnson product. This paper will show you that the company is (a) lead by experts, (b) committed to social responsibility, and (c) determined to control the market share of the health care industry. I will show you through careful analysis and examples of excellence that Johnson & Johnson is a solid company, worthy of your investment.…

    • 3860 Words
    • 16 Pages
    Best Essays
  • Good Essays

    Johnson and Johnson was founded by George E. Johnson, Sr. in 1886. Over the years, the name has become a household fixture. The company manufactures and sells products from hair care to surgical technology. Someone you know may even rely on a drug made by Johnson & Johnson to treat a serious illness or condition. In their credo they recognize four stakeholder groups that are crucial to their business: users of their products, employees, communities, including where they work and live and also the world community, and stockholders.…

    • 753 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Johnson & Johnson was founded in 1886 and is a Fortune 500 corporation that has worldwide pharmaceutical sales of around 65 million dollars. Johnson & Johnson sells medical devices, pharmaceuticals, and consumer-based packages (Wikipedia, 2011). Three brothers founded Johnson & Johnson in Brunswick, New Jersey, and then an employee invented Band-Aids. In 1921 Band-Aids were made available to the public, and it was the first commercial dressing made for small wounds (Johnson & Johnson, 2011). This corporation now operates in over 57 countries, and its products are sold in over 175 countries. Johnson & Johnson ranks at the top of Harris Interactive National Corporate Reputation Survey, and the Barron’s magazine has ranked them the world’s most respected company. The U.S. State Department awarded Johnson & Johnson with the Benjamin Franklin Award for public diplomacy for funding international education programs. (Wikipedia, 2011). Johnson & Johnson is a globally known company, and almost everybody has used a product from this company. Even though Johnson…

    • 1219 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Johnson and Johnson Analysis

    • 9756 Words
    • 40 Pages

    In 2009, Johnson and Johnson experienced its first sales decline in over 76 years (JNJ 2009 Annual Report). The decline was due to a worldwide recession which caused 2009 sales ($61.9B) to decrease 2.9 percent from 2008 figures ($63.7B).…

    • 9756 Words
    • 40 Pages
    Powerful Essays
  • Satisfactory Essays

    One of the themes of this course is the presentation of alternative viewpoints about issues affecting the environment. An important dimension to this debate is the reporting of issues in the media and in informational materials prepared by international organizations such as non-governmental organizations (NGOs). In this assignment you are required to analyse media articles or information pieces and to apply some of the thinking you have been exposed to in the course so far, as well as standard 'critical thinking', as described in the box below. By comparing the arguments and formats that these media pieces bring to bear on the problem, you can uncover faulty arguments, unsubstantiated positions and clearly biased information. In the process you should also come to realize the strengths and weaknesses of different informational formats.…

    • 737 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Johnson & Johnson History

    • 2843 Words
    • 12 Pages

    Three brothers, Robert Wood Johnson, James Wood Johnson and Edward Mead Johnson, found Johnson & Johnson in New Brunswick, New Jersey, U.S.…

    • 2843 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    A) What kind of intangible assets might a health care products company have? Does the composition of these intangibles matter to investors-that is, would it be perceived differently if all of Merck’s intangibles were goodwill, than if all of its intangibles were patents?…

    • 881 Words
    • 4 Pages
    Powerful Essays
  • Satisfactory Essays

    Purpose: The research aims to study key team processes, through which the team members share their individual knowledge, create shared understanding of the team, situation, task, leading to high team performance. The current research also aims to understand how teams adapt with team processes to high task load situation.…

    • 254 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Johnson & Johnson was founded more than 120 years ago on a revolutionary idea that doctors and nurses should use sterile sutures, dressings and bandages to treat peoples’ wounds. Since then,…

    • 3263 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Tropical Depression – is an organized system of thunderstorms with sustained winds of 38 mph.…

    • 1428 Words
    • 6 Pages
    Good Essays

Related Topics