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Johnson and Johnson Annual Report Review Financial
Words: 1743 Length: 6 Pages Document Type: Case Study Paper #: 93547789Johnson and Johnson Annual eport eview
Financial eport eview
Company: Johnson and Johnson
Consolidated Balance Sheets
Total Assets: $121,347,000,000
Total Liabilities: $56,521,000,000
Total Shareholder's Equity: $64,826,000,000
Company's etained Earnings: 85,992,000,000
Shares of common stock the company has been authorized to issue: 4,320,000,000 shares
Shares the company has issued: 3,119,843,000 shares
Cash (cash and cash equivalents): $14,911,000,000
Decrease in cash and cash equivalents during 2012: $9,631,000,000
F:
Increase in cash and cash equivalents during 2011: $5,187,000
Consolidated Statement of Earnings
Essentially, the term "consolidated" as used in this context is largely synonymous with the term "combined." The company's "consolidated income statements" and "consolidated balance sheets" bring together the financial statements of Johnson and its various subsidiaries.
B:
In presenting financial information from both the current as well as the previous financial years, the company makes it easier for the users of the said financial information to compare performance over time. For…… [Read More]
Johnson and Johnson
Over the last several years, accounting standards and the budgetary process of multinational corporations has been increasingly brought to the forefront. This is because the recent recession and lingering financial challenges, have illustrated how many firms were often over reporting their earnings. As they are using standards that give them more latitude in determining how revenues and expenses are recorded (.i.e. pro-forma). This is when earnings projections and growth, are based upon future revenues the firm will receive. The problem begins, when economic activity is slow and many of the expected orders are canceled. This is the point that the firm will have to restate their earnings to account for these changes. Once this happens, is when the price of the stock will more than likely go into a free fall based upon these issues. ("Pro Forma")
This is problematic for many multinational corporations, based on the…… [Read More]
Johnson and Johnson Corporation
Words: 2199 Length: 7 Pages Document Type: Term Paper Paper #: 57940041Johnson & Johnson Corporation
Johnson and Johnson has been a very broadly-based organization that has been manufacturing health care products since a very long time. It started its footsteps as a child in the mid 1880s with the production of ready-to-use, ready-made surgical dressing. It was the first company to have applied the theory of wound treatment by use of antiseptics. With its application, the chances of infection in postoperative patients reduced greatly. obert Wood Johnson, the father of Johnson and Johnson took note of the theory of antisepsis which was provided by Sir Joseph Lister. obert Wood Johnson then sat down to practically apply Sir Joseph Lister's theory. In 1885, obert Wood Johnson called in his brothers James Wood Johnson and Edward Mead Johnson and the three entered a partnership. A wallpaper factory was taken over by the Johnson brothers and they set up a small operation with only…… [Read More]
Johnson and Johnson Corporate Analysis
Words: 1697 Length: 4 Pages Document Type: Term Paper Paper #: 4073209Johnson & Johnson Corporate Analysis
The purpose of this paper is to introduce the reader to the Johnson and Johnson Corporation and its financial status. First, this paper will surmise a brief history of the company and its products. Second, this paper will explain Johnson and Johnson's operational conditions. It will explore what the company does and who the direct competition is at this time. The paragraphs below will examine these conditions and expectations of these conditions for the future. Third, this paper will explore current methods to assess the company's financial condition. These methods will include looking at Johnson and Johnson's annual report to conclude different financial indicators. The tools used will be ratio analysis and leverage analysis with a brief explanation of how these tools work. Fourth, there will be an evaluation of Johnson and Johnson. hat have they done to maximize their potential? hat are they planning…… [Read More]
Johnson and Johnson & Johnson J& j Johnson
Words: 1039 Length: 4 Pages Document Type: Essay Paper #: 97296510Johnson and Johnson
Johnson & Johnson (J&J)
Johnson & Johnson (J&J) is the eighth largest pharmaceutical company, sixth largest consumer health care company and the largest seller of medical devices across the globe. It has provided a period of care to its consumers for more than 120 years (1886-2012) and therefore it is a brand that is very famous and well recognized by people in all parts of the world. Johnson & Johnson was started by three brothers which turned out to be consumer's favorite brand due to its thousands of healthcare products including Tylenol, Acuvue contact lenses, Baby Powder and Band-Aids. Johnson & Johnson ranked number 4 in 2009 Fortune Magazine in the list of Most Admired Companies (Fortune Magazine). This is due to its excellent corporate governance and corporate social responsibility (Akerstrom 2).
Company Information
Today Johnson & Johnson has over 260 operating companies that are located in…… [Read More]
Johnson & Johnson Internet
hen most people think of Johnson & Johnson, they will often associate it with the various pharmaceutical related businesses. This is a dramatic reduction in the size of the company from what it once was a few years ago. The reasons why is from globalization and bureaucracy forcing the company to seek out ways to reduce their underlying costs. To fully understand how this is taking place requires looking at: the use of the Internet for internal operations and the way this could decrease the company's costs. Together, these different elements will highlight how Johnson & Johnson can transform itself to deal with these new realities. (Singer)
Does the company use the Internet for internal use as an interactive part of operations? hat functions are used in this manner?
Johnson & Johnson is using the Internet for mainly promoting themselves to customers. In the case of…… [Read More]
Johnson & Johnson Marketing
hat types of advertising and promotion are used?
Johnson & Johnson (NASDAQ: JNJ) competes in three core businesses including consumer, medical devices & diagnostics, and pharmaceuticals. Each of these businesses have significantly different market segments, and the customers in them have completely different needs and preferences for how they learn about new products (Henke, Rachel M., et al., 490). The consumer market is heavily influenced by online and eb-based advertising and promotion, and relies on e-mail-based coupons and communication as their purchasing cycle is the shortest of all three JNJ business units (Pressman, 70). The advertising and promotion used in medical devices and diagnostics however is heavily slanted towards expert-based selling including through leadership-based selling events where JNJ product experts meet directly with physicians and other members of the buying process. For the medical & diagnostics segment, advertising and promotion is geared more to expert-selling and…… [Read More]
Johnson and Johnson's Pharmaceutical Division
Words: 602 Length: 2 Pages Document Type: Case Study Paper #: 76197500Johnson & Johnson Pharmaceutical Division: Value Proposition
Quality Metrics
The quality metrics of Johnson and Johnson's Pharmaceutical division indicate the company is moving forward in an innovative direction that is in line with the industry's future-looking direction. As David Norton, chairman of Johnson and Johnson's Global Pharmaceutical division stated, "We're currently a consumer, diagnostic and medical device and a pharmaceutical business" -- and in the future the business will be "about managing schizophrenic patients, ensuring that they have appropriate access to care, to provide them with access to medications, not only ours but in general..." (Smith, 2016, p. 110). In short, in terms of quality, Johnson and Johnson looks to advance the pharmaceutical division towards "something more akin to a disease management program" (Smith, 2016, p. 110). Thus, by a quality metric, Johnson and Johnson is leading the industry towards a new concept of consumer demand and need-meeting, taking the…… [Read More]
JNJ
The 2011 Annual eport does not explicitly outline Johnson & Johnson's executive compensation agreements.
The company does report in general terms on its options plans. This report is found in page 54 of the 2011 Annual eport, under Section 17. The options details are as follows:
Stock Options
Stock options expire 10 years from the date of grant and vest over service periods that range from six months to four years. All options are granted at the average of the high and low prices of the Company's Common Stock on the New York Stock Exchange on the date of grant. Under the 2005 Long-Term Incentive Plan, the Company may issue up to 260 million shares of common stock. Shares available for future grants under the 2005 Long-Term Incentive Plan were 104.9million at the end of 2011. The Company settles employee stock option exercises with treasury shares. Treasury shares are…… [Read More]
Fundamental Analysis of Johnson and Johnson Inc
Words: 7682 Length: 25 Pages Document Type: Term Paper Paper #: 44262710JHNSN & JHNSN
The Fundamental Analysis of Johnson & Johnson Inc.
(J& J, 2005)
Economic and Market Analysis
Globalization
Industry Analysis
Company Analysis
Brief History of the Company
Analysis of Capital Asset Pricing Model
Intrinsic Value
Valuation Measures
Trading Information
Competitors
Awards & Recognition
ur modern business world consists of an extremely competitive global economy where manufactures search for opportunities to strategically reduce costs and increase market share and profitability. Historically, the most often chosen solution for holding down costs was to systematically reduce labor and therefore eliminate the associated costs of labor. In the 1990's for example, many companies chose lay-offs, downsizing or to simply slow manufacturing processes and these types of scenarios consistently headed the 'business section' headlines. In reality, these methodologies were merely attempts to reduce overhead. Manufactures today are finding that labor is now at more of a premium level which entails that it can no…… [Read More]
Corporate Responsibility Johnson and Johnson
Words: 1160 Length: 4 Pages Document Type: Research Paper Paper #: 10746595Johnson and Johnson Corporate Responsibility
Within the rubric of the modern business organization, decision-making is fundamental to survival, particularly now with globalism and the reduction of boundaries between countries. Decisions become more complex since one now deals with a variety of cultures, morals, and ethical viewpoints. This requires innovation and improvement on a regular basis, and also the ability to understand that moral and ethical decisions, in a dynamic and uncertain environment, now concern a long list of stakeholders -- customers, stockholders, employees, managers, the community, and governments. The outcome of many of these ethical decisions will be used as the benchmark to gauge the success of failure of the management team as well as the company as a whole (Carroll, 2000; Drucker, 2001). Because ethics and morality are so closely linked under the rubric of nternational business, most countries believe that they are part of the social "requirement" of…… [Read More]
Corporate Overview of Johnson and Johnson
Words: 644 Length: 2 Pages Document Type: Term Paper Paper #: 65053532Corporate Overview of Johnson and Johnson (J & J)
According to Moreau, "J&J began with brothers James ood and Edward Mead Johnson, who formed a partnership in New Brunswick, N.J., in 1885" (32). A couple of months later, both Edward and James were joined by another sibling of theirs -- Robert ood Johnson. However, it was not until the year 1886 that the company offered for sale some of its first products which included antiseptic dressings (surgical). One year later, the company was incorporated with its first president being Robert ood Johnson. As the Johnson and Johnson Company website notes, Johnson and Johnson was the first to develop commercial first aid kits (n.d). These kits experienced widespread usage though they were initially meant for railroad workers. The company further continued with its resolve to develop new products with the 1894 release of kits for maternity which were meant to enhance…… [Read More]
Theory Practice of Business Psychology in Johnson & Johnson Company
Words: 3695 Length: 12 Pages Document Type: Research Paper Paper #: 41420615Theory and Practice of Business Psychology
Table of Contents
1 Introduction 3
2 Motivators in the Workplace 3
2.1 Herzberg’s Two-Factor Theory of Workplace Motivation 3
2.2 Vroom’s Expectancy Theory 5
2.3 Maslow’s Hierarchy of Needs Theory 7
2.3.1 Primary Motivators in the Workplace 8
2.3.2 Secondary Motivators in the Workplace 10
2.4 Extent of the Impact of Primary Motivators 12
3 References 12
Introduction
Motivation can be delineated as a psychosomatic feature, which urges individuals to achieve both personal and organizational objectives. In the workplace context, it is deemed to be the incentives that trigger and drive the employees to obtain better job performance and make a contribution to more substantial efforts (Asim, 2013). For an organization to compete efficaciously in the international market, it is essential to design jobs, and duties in a way that stress id diminished, and the levels of employee satisfaction and motivation, as well…… [Read More]
Johnson Bank v George Korbaken Company Johnson
Words: 2964 Length: 10 Pages Document Type: Essay Paper #: 44002711Johnson Bank v. George Korbaken Company
Johnson Bank v. George Korbakes Company
Over the last several years, the role of the auditor has been continually evolving. This is because financial institutions are relying on the information they are provided with to help them make better choices in the long-term. However, there are times when these firms may not have accurate figures and erroneously report their findings. When this happens, there is a possibility of these facts leading to incorrect decisions. (Adelopo, 2012) ("Johnson Bank sued George Korabakes," 2006)
The case of Johnson Bank v. George Korbakes Company is examining these factors and the long-term impacts they will have on various stakeholders. To determine if the auditor is responsible for the claims they make requires carefully examining the effects. This will be accomplished by focusing on the case itself, the primary / secondary legal questions, the rule of law, the court's…… [Read More]
Therefore, the claim asserted by espondents and sustained by the court below would, in practical effect, amount to a right not to be tried at all for an offense against the U.S. armed forces. 339 U.S. 763, 782 (1950).
The Court examined the issue of whether the military authorities had jurisdiction to try the offenders. It reasoned that military authorities have had a historical right, during and after hostilities, to punish those who have violated the laws of war, and this history predates the existence of the United States, and therefore, the existence of the Constitution. espondents' convictions were the result of a military commission exercising this historic right, and it was the military commission's sole ability to determine whether the laws of war applied to espondents and whether espondents had violated those laws. There is nothing in the Constitution giving the Court appellate jurisdiction over these types of military…… [Read More]
Johnson & Johnson Nyse jnj Is
Words: 1241 Length: 4 Pages Document Type: Essay Paper #: 48604271
Figure 1: Analysis of the Johnson & Johnson Value Chain
Sources: (Atherton, Kleiner, 1998) (Johnson & Johnson Investor Relations, 2012)
Variability in capacity planning and constraint-based modeling of demand has also led Johnson & Johnson to adopt and standardize on ean Six Sigma as part of its quality management and constraint-based planning strategies (Hunter, Schmitt, 1999). Based on an analysis of their annual reports and filings with the Securities and Exchange (SEC) Commission and (Johnson & Johnson Investor Relations, 2012) the following analysis of the lean manufacturing, Six Sigma and Design for Six Sigma initiatives in the company are profiled. Taken together these form the Johnson & Johnson Enterprise Compliance and Quality Management (ECQM) framework the company relies on for ensuring speed, accuracy, consistency and customer-focused innovation throughout its value chain processes. Figure 2 provides an analysis of how Johnson & Johnson has organized these initiatives as a three-phased approach…… [Read More]
Johnson & Johnson's Marketing Mix
Words: 2971 Length: 10 Pages Document Type: Term Paper Paper #: 79906587Specifically focused on products for each phase of a persons' life, this business segment is the most mainstream in terms of promotional strategies. Skin Care, OTC and Nutritionals have successfully given JNJ a permanent marketing strategy for selling to women in the 25-34 and 25-45 segments, two of the fastest growing demographic markets for these products.
Product Strategy
The biggest challenge for JNJ is the ability to quickly develop and launch products across all of their business units. This is the most challenging task internally for the entire company to coordinate on, specifically in the area of pharmaceuticals where Federal Drug Administration (FDA) guidelines and the need for compliance are very high.
The costs of producing a new drug can be well over $800M according to AM esearch (2004). An analysis of each phase of the development of a new drug is shown in the following graphic from PhMA (2005).…… [Read More]
820). This view is contradicted by the great number of different cultures that existed in Africa prior to European involvement in the continent, and the many cultures that still remain in one form or another on the continent today. It also overlooks the massive cultural changes that have necessarily come about in the African Diaspora through the variety of experiences and dramatically changed lifestyles experienced by Africans and people of African descent living in non-African countries. According to Johnson's own argument about the inaccuracies and fallacies that arise from the unempirical grouping of different cultural groups together, such an oversimplification of the African/African-American experience is necessarily misleading and ultimately detrimental to the goal of student development.
Johnson's assertions in whole and in part could be made more valid and more reasonable to her readers if she employed any empirical evidence whatsoever in this article. Her assertions of the shared values…… [Read More]
Johnson & Johnson Business Description
Words: 1269 Length: 4 Pages Document Type: Essay Paper #: 41624504As with many pharmaceutical products manufacturers, the extent of supply chain and quality performance has a direct effect on distribution, profitability and services performance as well (tevenson, 2012).
Beginning with supply chain management, J&J has an intensively level of supplier audits they expect each supplier to pass and also randomly be able to manage as they provide materials, components and subassemblies to the company (Wechsler, 2011). upplier audits form the interlinking process to Quality Management, another strategic operations management initiative in the comp[any as well. J&J also uses these supplier audits to ensure alignment to the Collaborative, Planning, Forecasting & Replenishment (CPFR) processes which are critical to their success in anticipating global demand for products by business unit (Weill, Ross, 2005). upply chain management is the unifying operations management strategy that keeping the entire value chain and quality levels of J&J aligned to corporate objectives and standards (Weill, Ross, 2005)…… [Read More]
Thompson, 1981)
The weaknesses to Judge Johnson's case included the fact that there was a law on the books by constitutional stipulation that has in the past denied the legislature the power to provide for retirement benefits for state officers, including, by implication, judges (Alabama Const. Art. IV, Sec. 98, 2011). Another weakness is that of the fact that even though she was officially retired from the state she was still working at the federal level. It is possible that this could be construed as double dipping, since technically she would be getting paid from both systems.
It is very easy to see in this case that there is a possibility that the judges involved would not be very objective in making their decision. One would think that they thought would have to go through their minds that this may in fact one day be them in the same position…… [Read More]
So every often, the retailer would be aware of other similar products in the market and if client brings up other products, the sales people should know why their product is better. This can only happen if they know of other products.
Even though the training program would be an additional financial burden, still the rewards and benefits can be enormous. In the light of what it can do for the company, it is safe to say that some additional cost should not be used as an excuse to ignore training. Not only does training make sales people more effective, it also gives them a sense of self assurance and confidence which automatically draws people to them because their body language would be able to communicate their knowledge and will make the product more attractive.
Secondly with training, the staff would also be able to address the needs and problems…… [Read More]
Johnson & Johnson Ratios the
Words: 580 Length: 2 Pages Document Type: Research Proposal Paper #: 50882197
ohnson & ohnson has maintained strong financial performance over the past five years. They generally operate around or better than the industry average on most key ratios. They've been able to maintain steady margins and sales growth over the past five years and have attained steady growth in line with the industry. Operating, pre-tax and net margins have all been consistently higher than those of comparable firms.
N has maintained strong profitability over the time span. They have retained a steady gross margin over the past five years, which at 71.49% average is higher than the industry average and double that of the S&P. The gross profit has remained in a tight range between 70.9% and 72.26%. Given the strong improvements in sales, the broad range of companies within the group, and the acquisitions in recent years, this consistency is admirable. The result has been a consistent outperformance vs. their…… [Read More]
Mitchelstein, E. nd Boczkowski, P.J. (2009). Between tradition and change: review of recent research on online news production. Journalism, Vol. 10. Retrieved from: http://irtvu.com/files/rticle/attach-bulletin-24-105.pdf
The article considers four aspects of change in basic journalistic practices to explain the current phenomenon of newsgathering practices across the Internet. These include modifications in editorial workflow, alterations in news-gathering practices, acceleration of temporal patterns of content production, and the convergence of print, broadcast, and online operations. This has dramatically changed the face of journalism and created the phenomenon of the "user as content producer." The finding is that this is a growing and dynamic phenomenon. The fluid nature of the new media should be subject to further study to come to an ultimate conclusion regarding its true contribution to the media.
Johnson, T.J., Kaye, B.K., Bichard, S.L. nd Wong, W.J. (2007). Every Blog has its day" Politically0interested Internet Users' perceptions of blog credibility. Retrieved…… [Read More]
Johnson Spencer 1998 Who Moved
Words: 749 Length: 2 Pages Document Type: A-Level Coursework Paper #: 65062985ursing leadership can have a significant impact upon retention, satisfaction, and even nurses' perception of their exhaustion. The study "Leadership styles of nurse managers in a multinational environment" attempted to understand what leadership styles had a positive and a negative impact upon nurses' desires to stay within the organization and function effectively. To answer this research question, the study examined a nursing environment in Saudi Arabia, a nation with a patient population that is notably diverse that has a notable shortage of nurses, forcing healthcare institutions to rely upon expatriates as a source of labor (Suliman, 2009: 301). Given the importance of culturally-specific dialogue and care in nursing, this can prove challenging. Effective leadership that facilitates dialogue between providers and patients and between managers and employees within the nursing environment is a critical aspect of dispensing effective care.
The study submitted the Multifactor Leadership Questionnaire to 31 nurse managers and…… [Read More]
Johnson's The Vanity Jonson's Theme --'so
Words: 730 Length: 2 Pages Document Type: Essay Paper #: 98099530Johnson's "The Vanity"
Jonson's theme -- so often stated in his major writings, particularly in "asselas" - is the dangerous but all-pervasive power of wishful thinking, the feverish intrusion of desires and hopes that distort reality and lead to false expectations, where we picture things as one would like them to be, not as they are. Social psychologists would call this self-deception, and indeed evolutionary psychology teaches us that wishful thinking, or self-delusion, is very much a part of man's character.
A long poem, Johnson's perspective is a philosophical lament on the futility of human existence and the irrationality of our thinking. Blinkered humans that we are, Johnson observes, "How rarely reason guides the stubborn choice / ules the bold hand, or prompts the supplicant voice" (lines 11-12). ather, emotion is the dominating tone and, as often as not, squelches reason to the downfall of the human himself. It is…… [Read More]
Johnson Administration's Great Society Initiatives Defend Your
Words: 697 Length: 2 Pages Document Type: Essay Paper #: 7174574Johnson administration's "Great Society" initiatives? Defend your response.
As for intentions, the Johnson administration's "Great Society" initiatives should be given an A. hen he took office, Johnson saw that the country's success following orld ar II was declining and there was a potential for the country to enter a period of serious decline, a situation which ultimately did come to pass in the 1970s and again in the present period. Programs such as Medicare and Medicaid which were created during this period have continued to benefit Americans fifty years after their initial creation. However, given that much of Johnson's attention was being given to the escalation of the Vietnam ar and Johnson's encouragement of American involvement on that front, the actual effectiveness of the "Great Society" initiatives deserves a final grade of B- or C+. He was successful in getting the Civil Rights Act passed and tried to help Americans…… [Read More]
hese preferences aside, American multinationals like PepsiCo and Procter & Gamble, are examining how a possible shift away from GAAP would affect their revenue recognition, taxation, and hedge accounting in the near and far future. In many cases, the overall, self-interested impression is positive as IFRS tend to make a company's returns look higher. But for smaller U.S. companies without an outreach abroad, the advantages of a switch to IFRS are less clear, as they have not been keeping two books all along like multinationals. More time-consuming (an estimated 18-24 months) headaches and paperwork as companies switch to IFRS seem likely -- and a tremendous financial drain is almost certain upon all organization's revenues during the period of transition. "Procter & Gamble hasn't pinned down an exact number, but expects a conversion project would cost tens of millions of dollars" (Johnson 2008, p. 2). European companies who have already switched…… [Read More]
Johnson & Johnson Pharmaceutical Division Strategic Analysis
Words: 2307 Length: 5 Pages Document Type: Case Study Paper #: 62405674Strategic Analysis of Johnson & Johnson Pharmaceutical Division
This study provides the strategic analysis of Johnson & Johnson's pharmaceutical division to assist the company developing an effective strategy to achieve the competitive market advantages. The paper uses the SWOT analysis, PEST analysis and Porter's five forces for the strategic analysis. The outcomes of the analysis reveal that Johnson & Johnson is one of the top players in the pharmaceutical industry making the company enjoying superior market advantages in the United States and outside the United States. However, the company is still facing stiff competitions with other key players in the industry. Moreover, the company has not been able to reduce its cost of operations. The study recommends that Johnson & Johnson should launch its products in China to enjoy huge Chinese markets. Moreover, the company should take advantage of Chinese low stringent laws and regulations to produce drugs for Indian…… [Read More]
Johnson and Johnson Human Resource Value and Contribution
Words: 6004 Length: 20 Pages Document Type: Essay Paper #: 80569317Introduction to Johnson and Johnson
For a company to be successful, it must continuously build and nurture long-term relationships with its strategic shareholders. Shareholders is anyone who has an interest in an organization ((Noe et al., 2016). They include employees, governments, competitors, suppliers, competitors and customers. One such company is Johnson and Johnson (J&J). It has emerged as one of the most successful company globally because of its values dubbed "Our Credo” (Team, Directors and Governance, 2019).J&J is also among the Fortune 500 companies.
This paper will focus on various dimensions of the J&J Company. It is divided into three distinct sections. That is organizational structure, organizational strategy and human resource management. So, J&J organization structure will be explored, the various strategies that the company has pursed over the years will be elaborated and finally J&J human resource management practices will be discussed. Other sections in the paper include organizational…… [Read More]
Johnson & Johnson to Competitors
Words: 1617 Length: 6 Pages Document Type: Chapter Paper #: 36881453The point is that a $1 billion criminal violation in every state would significantly undermine Johnson&Johnson's profitablility, especially if more products are added to this list, and while the company sets aside accruals against these events when the suits are first filed, ultimately these legal costs will drag down the bottom line especially if other firms do not get convicted for fraud or intellectual property violation as often as Johnson&Johnson subsidiaries appear to by the firm's own admission. On the other hand these decisions have been reversed in the past as a successful appeal in West Virginia for similar criminal violations demonstrated in 2010 over marketing DURAGESIC (61-62).
If the firm can reduce this deadweight compliance loss than it stands to capture growing baby boomer demand even as shelf price growth is constrained to CPI (Johnson&Johnson 35). One interesting but absent perspective this provokes is that if medical producers limit…… [Read More]
Product Safety Crisis at Johnson & Johnson
Words: 812 Length: 2 Pages Document Type: Essay Paper #: 94888862Johnson & Johnson's Tylenol Crisis
Johnson & Johnson is an American multinational company headquartered in New Jersey and produces pharmaceutical, medical devices, and consumer packaged goods. In early 2016, the company experienced a crisis relating to the safety of its products i.e. Tylenol. Tylenol has traditionally been one of the most effective over-the-counter products for many customers, especially in the United States. In the recent product safety crisis, Johnson & Johnson was ordered by a jury to pay $72 million following the death of a consumer because of the use of its talcum powder (Picchi par, 2). In addition, the company faced an extra 1,200 cases relating to the safety of its Tylenol products, particularly talcum powder. The obvious early warning signs of the crisis was the relatively poor measures for handling of the Tylenol poisonings. hile the firm responded quickly to the death of seven people who utilized its…… [Read More]
J& j Recalls Johnson & Johnson - A
Words: 888 Length: 3 Pages Document Type: Essay Paper #: 87386773J&J Recalls
Johnson & Johnson - a Quality Catastrophe
After 50?plus product recalls in 15 months, the $60 billion company is fighting to clear its once-trusted name
In the modern business world, management is often faced with a difficult challenge to find the right balance between short-term profitability and long-term sustainability. Given the intense pressure they face to increase profits and reduce costs, it is often the case that managers will sacrifice sustainability for profitability. This often results in a decrease in quality which can have long-term implications. In the case of Johnson & Johnson, it does not seem like a few managers have made errors on the side of short-term profitability. Rather this position has seemed to permeate much of the organizational culture. Not only does this deviate from the values that the company was founded on, but it also is having a significant detrimental effect on consumer perceptions…… [Read More]
Jeremiah Johnson & Culture the
Words: 881 Length: 3 Pages Document Type: Essay Paper #: 37520129Jeremiah has a wedding that symbolizes the union of American and American Indian customs; a mix of the two very different peoples. After settling down and creating an ideal life, Jeremiah is forced into the U.S. Army, and leaves his cottage in order to do what the 'authority' wants. Against his wishes, the Calvary goes through sacred Blackfoot land, and as a result, Jeremiah's family is killed.
This scene is very shocking, but should not have been surprising to Jeremiah. He chose to forget his lessons of mountainhood that he had learned, and he did not respect the local people. As a result of this, and his attachment to the possessions that he had brought to the land, he was unable to conquer the rugged territory that he had first faced at the beginning of the movie, bringing about the lessons of life and hardship in the American West.
Jeremiah…… [Read More]
Dallek used traditional methods of research and structure making his book a true "history" from a collegiate-academic point-of-view. But this does not invalidate Caro's work. The problem, then, in looking at both of these books to be authorities is to figure out if it really matters if Caro's lack of credentials and traditional (meaning library) method of information gathering actually denote a lesser effect on the overall impact of the work. The problem, then, that Caro faces is the determination if his work actually is quote worthy of other historians quoting / referencing him.
For Dallek, his unwavering adherence to strict academic research leaves the punch out of the story of Johnson. It is one thing to have a series of supported and peer-reviewed facts lined up chapter by chapter, and it is yet another to make those facts sing in an engaging story format. Caro's book is by far…… [Read More]
Samuel Johnson Marks Himself as a Man
Words: 1944 Length: 6 Pages Document Type: Resume Paper #: 6087925Samuel Johnson marks himself as a man of keen sensitivity when he acknowledges in his review of Shakespeare's King Lear that he was "so shocked by Cordelia's death, that I know not whether I ever endured to read again the last scenes of the play till I undertook to revise them as an editor" (1765). This may seem like a fair assessment from the man who gave the English language of the first and greatest and wittiest dictionaries of all time; but upon a second examination, it may perhaps reveal something about Johnson and his age that is so foreign to the ideas which Shakespeare presented in King Lear that he could do nothing but recoil in horror. Johnson was, after all, an Anglican -- of the Church that persecuted Campion (Jesuit priest) and Lyne (the woman martyred for harboring Catholic priests during the Protestant takeover and memorialized in Shakespeare's…… [Read More]
Presidency of Lyndon Johnson Fundamentally
Words: 1658 Length: 4 Pages Document Type: Term Paper Paper #: 53912571I knew the Congress as well as I know Lady ird, and I knew that the day it exploded into a major debate on the war, that day would be the beginning of the end of the Great Society.'" in the end, these secrets when revealed, changed forever the way Americans viewed the Presidency, and politicians in general.
Johnson's style of compromise and bargining came to haunt him in dealing with the people and Congress over Vietnam. As Majority Leader in the Senate, he had supported President Eisenhower's foreign policy, partly to move forward his own agenda. What he never understood was that as President, he could not count on the same spirit of bi-partisanship from his Congress. In the end, his actions led to legislation that placed limits on the power of the Presidency.
American politics would never be the same after 1968. For the first time the American…… [Read More]
Lyndon Johnson's Texas Roots Lyndon
Words: 2235 Length: 5 Pages Document Type: Term Paper Paper #: 2055514368).
Getting liberal legislation passed into law was LBJ's benchmark of effective leadership. He knew how to do it. The most successful at this of any president ever, he followed every detail of legislation and demanded that his aides not simply think they had the support of a representative in Congress but know they had it! "You've got to know you've got him, and there's only one way you know'...Johnson looked into his open hand and closed his fingers into a fist. 'And that's when you've got his pecker right here.' The president opened his desk drawer, acted as if he were dropping something, emphatically slammed the drawer shut, and smiled" (p. 88). Meanwhile, Congress complained it was "bullied, badgered, and brainwashed" (p. 91) by President Johnson's strong-arm Texan tactics.
Schulman (1995) argues that Johnson's liberalism changed national social policy "profoundly" and "permanently altered the nation's political landscape" (p. 121).…… [Read More]
Elegies Ben Johnson's and Dylan
Words: 1139 Length: 3 Pages Document Type: Essay Paper #: 11287759
Dylan Thomas's 1951 poem, "Do not go gentle into that good night," like Johnson's poem, is an elegy to someone he loves -- his father -- but unlike Johnson's poem, at the time the poem was written before his father passed away, which allows him to express and explain his fears to the man he wrote the poem for. In "Do not go gentle into that good night," Thomas urges his father to fight to live, a stark contrast from Johnson's lament for death to escape the "world's and flesh's rage" (Johnson line 7). Thomas writes, "Old age should burn and rave at close of day," in supplication to his father in order to get him to fight against "the dying of the light," which can be taken as a metaphor for a person's transition through life into death (Thomas line 2-3). Thomas then proceeds to list different types of…… [Read More]
Since they are featured on the top of every page, they are a constant reminder to the web visitor that Betsey Johnson has much more to offer that they should explore. Once a category is chosen, up to eight items within that category are displayed, with links to more item pages, if necessary.
Juicy Couture is one of Betsey Johnson's leading competitors. Owned by Liz Claiborne, Inc., Juicy Couture also markets branded women's clothing, accessories, and fragrance products ("Liz Claiborne"). Like Betsey Johnson, this contemporary apparel marketer also offers a variety of licensed products. However, their diversity of licensed products goes far beyond Betsey Johnson's offerings, with items such as day planners and even a Juicy Couture Monopoly game.
Both companies offer sunglasses and fragrance as part of their licensed products. egarding sunglasses, both are positioned as contemporary fashion accessories. In fact, when reviewing the selection of product offerings, many…… [Read More]
Robert Johnson's 1989 Book She Explores the
Words: 935 Length: 3 Pages Document Type: Term Paper Paper #: 55419871Robert Johnson's 1989 book She explores the nature of the female psyche through a Jungian exploration of myth and archetype. orking with the premise that classical myths retain a timeless, universal nature that makes them equally applicable to modern society, Johnson creates an engaging pop-psychology perspective. Although the author occasionally makes blanket generalizations about masculinity and femininity, the overarching principles outlined by Johnson are worthy of study, analysis, and application. She is a short book, easily accessible to the layperson. The author focuses on the Greek myth of Psyche and Eros as the foundation of She, illustrating how this tale teaches valuable lessons about spiritual growth and psychological development. On the surface, Johnson's work can be viewed as anti-feminist in nature and completely irrelevant for women in modern cultures. However, the author repeatedly emphasizes that the archetypal male and female elements elucidated by myth do not directly refer to biological…… [Read More]
They, too, frequently spoke only of the program's goals. They had been convinced that antipoverty legislation was essential as a matter of principle, and they were not very familiar with the legislative details. Also aiding the campaign were a number of articles and books aimed at convincing the layman of the scope of the problem. 18 Unlike the more technical literature, these books had as their goal the mobilization of attitudes rather than the presentation of data.
Zarefsky 26)
Johnson went further, than any president before him in that he demanded that change occur within the context of even the most poverty stricken, those who did not have a fish to eat today, and also did not know how to fish to gain access I the future. Using his persuasive skill he informed the nation that his plan would incorporate changes that would help those people, who previously had been…… [Read More]
Rwjf and IOM the Robert Wood Johnson
Words: 1087 Length: 4 Pages Document Type: Essay Paper #: 49356034WJF and IOM
The obert Wood Johnson Foundation (WJF) decided to partner with the Institute of Medicine (IOM) to discuss the "Future of Nursing" and worked to document ways that the field of Nursing could support health issues of today. They decided to undertake this objective in order to deliberate and study potential answers to address the many complicated health problems facing not only the U.S. But all countries of the world (obert Wood Johnson, 2011). In addition to documenting solutions, they wanted to address the concerns at the most suitable timing to coincide with governmental policy concerning health reforms. Thirdly they desired to put in place improvements that would actually impact the health of citizens not just create more policy. In the U.S. The new Health Care eform bill that was passed will significantly change how health care is implemented. WJF felt that they needed to strengthen the nursing…… [Read More]
Samuel Johnson the Just Representation
Words: 1123 Length: 3 Pages Document Type: Term Paper Paper #: 13465850The symbolism of the story is very suggestive. The title "Emergency" hints at the main event in the story: Georgie, an orderly at the Seattle hospital saves in a mysterious a man who had come at the E.R. room with a knife thrust deep into his eye. Ironically, the other eye was artificial. The doctor who is presented with the case takes it as something that is part of the routine, but admits that it is beyond his competence: "He took his time getting down the hall to her, because he knew she hated Family Service and her happy tone of voice could only mean something beyond his competence and potentially humiliating. He peeked into the trauma room and saw the situation: the clerk-that is, me-standing next to the orderly, Georgie, both of us on drugs, looking down at a patient with a knife sticking up out of his face.…… [Read More]
Emergency by Dennis Johnson and
Words: 1860 Length: 6 Pages Document Type: Term Paper Paper #: 50850832Therefore, Johnson weaves clever and poignant paradoxes in the language as well as the overarching themes. The one-eyed man could have died or lost his good eye, as the Nurse points out. He survives unscathed, and sees what his wife forbade him to see. Likewise, Hardie could have faced immanent death in the war but he survives by going AOL. In both cases, subverting social convention is a key to liberation.
The paradox of religion is also conveyed via deft use of language. In "Cathedral," the title image represents the symbol of religious strivings. A cathedral is a house of God; but that house does not necessarily lead to spiritual awakening. On the contrary, the house in which the story takes place does become a zone of spiritual awakening. The blind man and the narrator use the ancient sacrament of cannabis to explore the real meaning of human existence, which…… [Read More]
The tactic backfired on him as Northern Republicans viewed with
hostility his interest in reconciling fast and returning the south to
viability. Bitter northerners felt this denoted a suspect allegiance and
brutally attacked his policies, especially his effort to create a cabinet
more sympathetic to his interest in reconciliation.
By outcome, his opponents amongst northern republicans struck
preemptively. "Sensing vulnerability, Congress moved against Johnson by
passing the Tenure of Office Act, which limited Johnson's ability to remove
cabinet officials without congressional approval." (Bacon, 1) hen the
inevitable struck and Johnson attempted to remove a divisive secretary of
war, fringe elements of congress rallied for his impeachment. Though his
presidency was preserved by one vote, his fate as a divider and a president
made impotent by political opposition was sealed.
orks Cited:
Bacon, D.C. et al. (1995). History of the United States Congress. New
York: Simon…… [Read More]
How the Characters in the Book Johnson's
Words: 987 Length: 3 Pages Document Type: Essay Paper #: 36816281Moved My Cheese?
The characters in Spencer Johnson's Who Moved My Cheese? illustrate the importance of being open and willing to change. The two mice represent the most intelligent approach to external changes in the environment. Instead of bemoaning the loss of the old, the mice (Sniff and Scurry) embrace the new because they are not afraid that the source of their happiness will ever run out. They have faith that even when it appears that supplies of the metaphorical cheese are running out, eventually some other source will arrive. Their experience is a source of inspiration for Haw, who tries his best to encourage his friend Hem to step outside the comfort zone. Hem and Haw are the two most commonly encountered characters in any agency. Although some exceptional individuals will be more like Sniff and Scurry, the vast majority of people do not deal with change as easily…… [Read More]
Weldon Johnson Separate the Races One of
Words: 707 Length: 2 Pages Document Type: Essay Paper #: 41676140Weldon Johnson
Separate the Races?
One of the most prevalent themes explored in James Weldon Johnson's The Autobiography of an Ex-Coloured Man is the ramifications of miscegenation during America's racially charged late 19th/early 20th century epoch. Johnson's work highlights the daily vicissitudes that are a direct consequence of the taboo social mixing of African-Americans and Caucasians. Originally engendered as one of the many unforeseen products of this country's chattel slavery period, interracial coitus would go on to greatly alter the lives of all participants involved -- spanning across gender, color and age distinctions -- and produce a remarkable number of perverse situations for all parties.
This thesis particularly applies to the progeny of affairs of miscegenation -- the children who often endured a sense of alienation and isolation that distances them from being unconditionally accepted by both races, African-American and Caucasian (Williams 1987, 141). In the following quotations, the narrator…… [Read More]
Lawyer by Johnson & Duffett
Words: 985 Length: 3 Pages Document Type: Research Proposal Paper #: 26032218
The last two findings justified the need for these things to ensure the safety of the children. It was mentioned in the article that while "the ramifications of the 'legalization' of education are distasteful and sometimes disturbing," nevertheless "lawsuits and procedures are the price [to be paid] for protecting children" and that they are willing to pay this price rather than risk the safety and well-being of their students. Children are building blocks of our future. This is why I personally believe that children must be nurtured and protected at all costs. Hence, I think that the profession of teaching is one of the most noble and important professions in this world albeit one that can oftentimes be too sensitive.
According to a study by Jonah E. ockoff, "school administrators, parents and students themselves widely support the notion that teacher quality is vital to student achievement" (ockoff, 2004). By experience,…… [Read More]
Magic Johnson and HIV Science Knows That
Words: 769 Length: 2 Pages Document Type: Essay Paper #: 88093176Magic Johnson and HIV
Science knows that although HIV can transition into AIDS, it does not automatically become AIDS. Magic Johnson, new president of the Los Angeles Dodgers and a member of the NBA Hall of Fame, was diagnosed with HIV several years ago. One of the immediate responses from Magic Johnson's body (with HIV) was the weakening of his immune system, which made him -- and makes all HIV-positive patients -- susceptible to the following infections and cancers:
Tuberculosis: an infectious disease "caused by a bacterium called Mycobacterium tuberculosis" (Medical News Today).
Salmonellosis Enterocolitis: a very common kind of food poisoning that causes severe dehydration (NCBI)
Cytomegalovirus (CMV): this is a virus infection from a "member of the herpesvirus family" (Medline Plus).
Candidiasis: an infection of the mouth and tongue (Mayo Clinic).
Cryptococcal meningitis: this is an inflammation of those membranes and the fluid that is found around the…… [Read More]
Ghost Map Written by Steven Berlin Johnson
Words: 1237 Length: 4 Pages Document Type: Essay Paper #: 39389694Ghost Map, written by Steven Berlin Johnson, is a book that is based on the most terrifying epidemic which broke out in London. This book describes how the city and science was changed after this epidemic. This book is indeed a must read because the writer of this book describes one of the most deadly outbreaks of cholera on Victorian London, in relation to how it changed the cities, our scientific approach towards the disease in the modern world and much more. The idea of gemeinschaft was incorporated in this piece of writing, describing how an epidemic affects a city of traditions, values, language and common (Cities, 2001).
There are two main people that have been talked about in this book and play the central protagonists. The first one is Dr. John Snow and the second one is everend Henry Whitehead. The map of the cholera cases is created by…… [Read More]
Thad Johnson Music Dallas Symphony Review What an
Words: 1392 Length: 4 Pages Document Type: Essay Paper #: 28097470Thad Johnson/Music
Dallas Symphony Review
hat an absolute dual treat to attend the Dallas Symphony's "Tchaikovsky Night" at the Morton Myerson Symphony Center on March 31, 2011. Not only was I privileged to hear two great works, but as an added benefit, proceeds from the Tchaikovsky concerts will benefit Sendai, Dallas's International Friendship City in Japan (DSO Public Relations Office). The conductor for this concert was Jaap van Zweden, music director of the Dallas Symphony and several other European Orchestras (DSO Public Relations Office). Guest artist for this program, performing the Piano Concerto #1 is Olga Kern, Russian Classical pianist who, in June, 2001, received a Gold Medal in the Eleventh annual Van Cliburn International Piano Competition (Van Cliburn Foundation).
There was clearly a sense of excitement in the air that was almost palpable. hether this was from the anticipation of the stirring music to come or the posters and…… [Read More]
Advertisements the Johnson Bank Says We'll Treat
Words: 1349 Length: 4 Pages Document Type: Essay Paper #: 93781078advertisements, the Johnson Bank says, "We'll treat you like family." As an employee, a company that makes this type of promise would seem to be an ideal work environment. It connotes the idea of a very warm environment, where customers, employees, and business owners are all involved in a very functional work environment which is backed by good will and good intentions towards one another. Certainly, working for a company that wants employees to treat its customers like family seems better than working for a company that wants it employees to treat its customers like wheels in a cog. Treating someone like family certainly implies that they will be treated better at that bank than they would by other people. In addition, one expects that treatment to extend to employees. The idea that a bank will treat people like family suggests that if an employee has an illness or other…… [Read More]
Jesus by Elizabeth a. Johnson
Consider Jesus, by Elizabeth A. Johnson, begins with a preface that addresses Christianity and the common and important themes that it is facing today. Chapter One focuses on the living tradition of Christ, and how He is both dead (in Heaven, and gone from this world), and alive (because there is life after death). He is part of an amazing tradition, but not one that is no longer practiced or that does not provide current and future value. Instead, He is part of a living tradition, where a number of followers of His ways still carry on in His name and strive to be more like Him every day. In Chapter Two, the author addresses the humanity of Jesus. While He was God, He was also God made man. Because of that, He struggled with humanity to some extent and had human feelings as well…… [Read More]
Tylenol Case Analysis Johnson and
Words: 1160 Length: 4 Pages Document Type: Case Study Paper #: 83393004Johnson and Johnson issued a public relations response immediately naming their number one priority: to aggressively protect any consumer from the potential hazards that may be present in any of their family of products.
Symptoms of the Problem -- Quickly, the crisis reached epic nationwide coverage. The panic that ensued, somewhat as the result of the twenty-four hour media coverage, fueled this panic into a frenzy. One hospital in Chicago, for instance, received 700 calls in one day; while Johnson and Johnson received averaged almost 150 calls per day. Across the country people were admitted into hospitals on suspicion of cyanide poisoning (Tifft, 18). Johnson and Johnson worked rapidly and decisively with the media to disseminate information. When the news spread, copycat criminals began to tamper with the products on the shelves of stores, which only deepened the crisis. ndeed, the FDA confirmed more tampering had taken place, but this…… [Read More]
President Lyndon Baines Johnson Large
Words: 2287 Length: 6 Pages Document Type: Thesis Paper #: 28325431" The Great Society initiative included policies concerning increased education assistance, fundamental protections of civil rights and the right of all Americans to vote, urban renewal, Medicare, conservation, beautification, control and prevention of crime and delinquency, promotion of the arts, and consumer protection (President Lyndon B. Johnson's Biography 2009).
Contributions.
The contributions made by President Johnson were both numerous and significant. In this regard, Firestone and Vogt (1988) report that, "As LBJ led Congress to the completion of the Civil Rights Act of 1964, to a major tax bill, the first significant federal aid to education, and the program of medical care for the aged that had been pending since Harry Truman's day, surely confidence and optimism were not unwarranted" (1). Following his reelection to the presidency in 1964, Johnson was not content to rest on his laurels but continued his quest for improved civil rights in the country. For…… [Read More]
Letter to Chesterfield Johnson's Letter
Words: 1432 Length: 4 Pages Document Type: Essay Paper #: 41413522According to the Dictionary, a lord is "a monarch, ruler, governor, [Milton] Master, supreme person [Shakespeare]; a tyrant, an oppressive ruler, [Hayward]; a husband, [Pope] One who is at the head of any business, an overseer [Turner]; a nobleman [Shakespeare]; a general name for a peer of England [King Charles]; a baron; an honorary title applied to officers, as lord chief justice, lord mayor, lord chief baron; a ludicrous title given by the vulgar to a hump-backed person, traced, however, to the Greek crooked (439). Johnson, not a lord, is a man who calls himself a humble scholar. He uses his posture supposed humility ironically before Chesterfield, as he does the term patron: "hen I had once addressed your Lordship in public, I had exhausted all the art of pleasing which a retired and uncourtly scholar can possess. I had done all that I could; and no man is well…… [Read More]
Managerial Finance - Johnson &
Words: 3790 Length: 10 Pages Document Type: Thesis Paper #: 8639599276), ROE has ranged from 21.6% to 28.3% in recent years, with the 2007 figure being 25.6%. This reflects outperformance of both the industry and the market. The ROA has exhibited similar outperformance of both industry and market. The return on assets for JNJ over the past several years has ranged from 13.1% in 2007 to 17.l% in 2005. The industry five-year average is 8.85% and the market five-year average is 7.50%.
SWOT Analysis
Strengths
Net Income increased despite decline in revenues
Growth in each business segment
R&D expense growing slower than revenues
2-year upward trend in net income
Upward trend in cash levels
Upward trend in cash flow from operations
Current ratio 46.36% higher than industry
Interest coverage 80.09% higher than industry
Net margin 14.04% higher than industry
Return on Equity 1414.79% higher than industry
Return on Assets 48.02% higher than industry
Weaknesses
Decline in revenue this year (1st…… [Read More]
Tanaka Kakuei Corruption Chalmers Johnson
Words: 1391 Length: 5 Pages Document Type: Essay Paper #: 22556228This was because of some of the reforms that he introduced for corporations, for public spending, environmental protection and transportation sectors. Since powerful LDP members had vested interests in these sectors, they did not approve of all the reforms and hence were wary of Koizumi and his brand of politics.
Economic problems
The articles about Koizumi and Abe suggest that Japan suffers from serious economic problems that the political system cannot resolve. Why not? What are the political obstacles to changing Japanese politics? How does it relate to the Johnson reading?
Japan has had enormous economic success over the decades but lately its problems are negating the effects of earlier successes. I cannot agree with the opinion that economic problems cannot be solved through political means. Even though other factors do play in, it is the political system that determines the path economy will take. By political system, we mean…… [Read More]
Unsuccessful Presidents Identified- 1865-1940 Andrew Johnson Grover
Words: 2628 Length: 9 Pages Document Type: Term Paper Paper #: 63529067Unsuccessful Presidents Identified- 1865-1940
Andrew Johnson
Grover Cleveland
William McKinley
Herbert Hoover
Political Characteristics
Political Party
Congressional Issues
Johnson's Problems with Congress
Cleveland's Problems with Congress
McKinley's Problems with Congress
Hoover's Problems with Congress
Keynesian Economics
Using it to achieve goals
Americans unconcerned with problems outside of borders.
ural country first
Disdain for strong leaders
Personal Patterns
Economic Issues
Concern for the economy
Democratic Ideals
Changing Policy
Failing to change
What political characteristics, personal patterns do unsuccessful presidents share in common between 1865 and 1940?
From the period 1865 to 1940, a total of fifteen men served as President of the United States. These fifteen - Johnson, Grant, Hayes, Garfield, Arthur, Cleveland, Harrison, McKinley, oosevelt, Taft, Wilson, Harding, Coolidge, Hoover, and oosevelt - served during what should have been mostly prosperous times. Yet several of these men and their presidencies must be labeled as failures.
Of these men, four have…… [Read More]
Strategic Management at Johnson &
Words: 319 Length: 1 Pages Document Type: Term Paper Paper #: 39045950(J & J. Official ebsite, 2005) This is a wise description in that, rather than specializing in one arena of health care, Johnson and Johnson's diversity of products and character buffets it against some of the specific regulatory turmoil that has affected largely pharmaceutically-based health care companies, such as Pfizer and Merck. The stress on local managerial control also allows the company's diversity to be regionally specific and focused, tailored to the needs of its environment. Its lack of directive control is a calculated strategic decision of control that allows regional branches of J&J both to take advantage of J&J's diversity as a company and to tailor the company's resources to the region commercially.
orks Cited
Strategic Control." (2004) Johnson & Johnson Official Investor ebsite. Retrieved 1 Jan 2005 at http://www.investor.jnj.com/strategic.cfm… [Read More]