1. Drawing on the five forces model‚ explain why the pharmaceutical industry has historically been a very profitable? a. Rivalry among competing firms i. Patent protected medicine allows prating monopoly ii. In pharmaceutical industry they have several strong competition compete again few rather than more companies b. Threat of substitute product i. Very costly to introduce a new drugs ii. So many medicines protect by patent law‚ all competitors can make countertrend drugs who have almost
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Application of statistics in Pharmaceutical industry * * * Bookmark Although the advancement of medicine has prolonged and improved the life of many people over the years‚ it is important to remember that it is not an exact science. While some treatments do seem to offer a complete ’cure’ for any particular ailment universally‚ the vast majority of medicinal treatments do not. As such‚ it is important that statistics are used in medicine in order to justify the development and subsequent
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1. What is MIS? Define the characteristics of MIS? What are the basic Functions of MIS? Give some Disadvantage of MIS? A. 1 A management information system (MIS) provides information that is needed to manage organizations efficiently and effectively. Management information systems involve three primary resources: people‚ technology‚ and information or decision making. Management information systems are distinct from other information systems in that they are used to analyze operational activities
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Goodwill Industries – Marketing to a variety of customer types Goodwill Industries has mainly three types of customers shopping in their stores. Many customers frequent the high-end resale shops because their primary concern is fashion. Goodwill has upscale boutiques and specialty stores in cities throughout the United States that offer donated designer goods and department store labels. These boutiques have daily deliveries‚ which mean there is much variety and quantity. Goodwill is making a particularly
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Automobile industry The auto industry of India‚ with an annual production of around 22 million vehicles‚ is one of the largest in the world in FY 2013-14. It accounts for 22% of the country’s manufacturing gross domestic product (GDP). Various initiatives by the Government of India and the major automobile players in the Indian market‚ it is expected to make India a leader in the Two Wheeler and Four Wheeler market in the world by 2020. The demand for two wheeler & car segment is increasing because
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over the last couple of years. Till the recent past‚ most of the banks had adopted fierce costcutting measures to sustain their competitiveness. This strategy however has become obsolete in the new light of immense growth opportunities for banking industry. Most bankers are now confident about their high performance in terms of organic growth and in realising high returns. Nowadays‚ the growth strategies of banks revolve around customer satisfaction. Improved customer relationship management can only
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dairy products‚ fresh and processed vegetables‚ bakery products and fish‚ in particular — and its network of retail outlets — mainly in the form of major multiples. • Following a period of extensive rationalisation and restructuring‚ the UK food industry can now benefit from more focused businesses and generally more efficient supply chains. • The food-processing sector has also benefited from consolidation‚ which has created more vertically integrated companies and more economies of scale. • Consumer
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developed economies of the world. It is important to take a holistic view of the prevailing policy framework covering generic drugs globally‚ making it possible to analyze the effects of these policies on the generic pharmaceutical industry. The first pertinent area of global pharmaceutical policy is funding of research in life sciences. This pertains primarily to reference drugs rather than generic drugs. Globally‚ there is no overarching framework for the same. This is primarily done only in the
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APPENDIX XIII. (Vide Chapter 3) Civil Services (Main) Examination – 2005: Profile of Candidates* ____________________________________________________________ _____________________________ 1. The Civil Services Examination is conducted in two successive stages viz. the Preliminary Examination and the Main Examination. The Preliminary Examination consists of two objective type papers and is meant for initial screening only. Only those candidates who qualify the Preliminary Examination‚
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Manufacturing Industry in Bangladesh and Malaysia Bangladesh economy achieved an economic growth of 5.8% during 2000-2009. The economy is rapidly growing. The per capita income in 2010 was around $1‚700. Garment industry dominates Bangladesh‚ which grew at double-digit rates through most of the 1990s. About 1.5 million people‚ mostly women‚ were employed in the garments sector by late 1990s. Bangladesh’s export was dominated by garments. It represented around 52% of Bangladesh’s total exports worth
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