GENZYME´S CSR DILEMMA: HOW TO PLAY ITS HANDS 1. INTRODUCTION Twenty years ago and earlier‚ with rare exceptions‚ the only corporate charity was a bit of gifting by the CEO‚ perhaps to the arts. Ten years ago‚ corporate philanthropy and volunteerism became popular as an a la carte add on. In these posts from the Clinton Global Initiative (CGI)‚ I am turning the spotlight on the avant garde of CSR: companies that make community and global problem-solving part of their business platform‚ thus
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Case: Genzyme Corporation Problem: High equity financing company Genzyme has a tradition to be financed with equity. High equity ratio has advantages such as low agency costs related to debt‚ lower financial stress and more flexibility for management‚ which is especially crucial for start-up companies‚ such as in the early stage of Genzyme. However‚ besides losing the tax shield from debt‚ high equity financing leads to an increasingly diffused ownership‚ which would in turn causes problems such
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English 1010 L-25 Does Legalizing Marijuana Really Make Sense? Should marijuana be sold freely and made available to everyone? To me it makes somewhat sense. There are several beneficial effects as well as there are some very not as much. The debate over the legalization is very heated here in the United States. Marijuana is legal in some states for medical purposes only and others have not quite been convinced of the cannabis. Our newly re-elected president‚ Barack Obama‚ says he is
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1. How does Genzyme’s focus on orphan drugs affect the degree of competition it faces? How does it affect the bargaining power of customers? For a drug to qualify as an ‘orphan drug’‚ a disease must only afflict less than 200‚000 people worldwide. From this we can understand that Genzyme’s target market is a very small niche and consequently there is very little competition. Big pharmaceuticals primarily focus their resources on ‘blockbuster’ drugs because there is a large market to target. Since
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Did slavery make sense economically? Slavery has always been a controversial issue within the United States. Whether one considers its involvement with the Civil War or its obvious racial subjugation‚ slavery is thought to have been one of the most debilitating elements of American history. Slave labor‚ which profoundly embedded itself within both Southern and Northern societies‚ provided a method of economy for those who relied heavily on agriculture‚ while others were more concerned with industrialization
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long as such evolution is limited to closely related species‚ an example would be lions and tigers. In this instance‚ the processes behind microevolution and macroevolution are the same and extending microevolution to explain macroevolution makes perfect sense. In microevolutionary a good example is House
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SUMMARY + REFLECTION Case study: Genzyme‚ schilling‚ chapter 6 page 105-109 Summary of the case: Genzyme was founded in 1981‚ Sanofi purchased the company in 2011. They went public in 1986‚ raising 27 million dollars. Genzyme startet as a start up Company by scientists studying genetically inherited enzyme diseases. Their strategy didn’t focus on the “blockbuster drugs” like other biotechnology companies but drugs for rare diseases. To developing a drug‚ it takes 10-14 years at the cost of
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Would you make if you were Jane Barrow? Why that one? If I were Jane Barrow‚ I would suggest shale gas as the best. Since the industrial‚ electric power and residential make a large contribution for the use of natural gas‚ the stakeholder in these parts are very important. After multiattribute risk analysis‚ the chart from Exhibit 10 shows they are care about using energy produced in their own jurisdiction. From the Exhibit 3‚ with the increasing need of natural gas to satisfy consumption‚ more
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Genzyme Case Study: Table of Contents Problem Identification......................................................................................................3 Alternative Solutions.........................................................................................................4 Recommendations.............................................................................................................5
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Mercy for Orphans Prophet Muhammad (saw) was kind to all people and asked his followers to be the same. He was especially kind to orphans and asked his companions to be kind to them. Thauban (ra) reported Allah’s Messenger (saw) as saying‚ "Only supplication averts the decree (of fate)‚ only kindness prolongs life‚ and a man is deprived of provision for a fault he has committed." Ibn Umar (ra) reported Allah’s Messenger (saw) as saying‚ "A Muslim is a Muslim’s brother; he does not wrong him. If
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