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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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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Genzyme Case Study: Table of Contents Problem Identification......................................................................................................3 Alternative Solutions.........................................................................................................4 Recommendations.............................................................................................................5
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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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ENT4400 – 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
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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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How to Live a Balanced DotA Life: Allocating time for things you enjoy doing vs. Making sure you don’t overdo it DOTA DotA stands for “Defense of the Ancients”‚ it’s a free mod for Warcraft 3: The Frozen Throne. The purpose of the game is to defend your Ancient and try to destroy the opponents Ancient. The ancients are located deep in both bases‚ which are located at the top right and bottom left corners of the map. There are over 70 heroes that differ greatly in play style. Each of these
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Bookmaster Case Study Operations Management BSAD 311 Abstract The Bookmaster case study is about one customer’s journey going to the Bookmaster store to buy a hard copy book. After a frustrating 25 min ordeal just to get to the store to purchase his book‚ he finds out that the two copies they said they have on the shelf are not there. The customer relations associate (CRA) finds that there is one copy at another store 15 miles away that he could go pick‚ or she could order it and he could
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1. Amazon and Toys-r-us both present very good points in this case. With amazon being what it is I believe that it is exclusively selling toys-r-us toys but when it comes to competing with websites like e-bay for amazon to compete it has to be able to sell vintage and collectable toys. I don’t think however that amazon should be charging toys-r-us as much as they do if they are going to allow other vendors to join in on the service that amazon provide. I also think that Toys-r-us is “whining” in
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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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