Hospitality industry

But with the help of government regulation, food industries are forced to follow the safety management guideline for producing their food. These guidelines include the ingredient such as the ban of Tran’s fat in the food industry, the production environment and the nutritional information for the food. As stated in the food safety modernization Act by the US Food and Drug Administration…

Up to 200,000 women and children were trafficked through the Balkans in 2004 alone. Eastern European countries such as Romania, Moldova, Albania, and the former Soviet Union Republics are especially impacted by sex trafficking, due to lack of anti-trafficking law enforcement, high poverty and domestic violence rates. Each year, between 600,000 and 800,000 people are trafficked across international borders, two thirds in the sex trade and 20% under the age of 18. Sometimes women voluntarily sell…

There is growing interest in growth in the market for functional and genetically modified foods. This type of food is ‘similar in appearance to, or may be, a conventional food that is consumed as part of a usual everyday diet. Many GM (genetically modified) foods have health benefits that, reduce the risk of chronic diseases and remove strains of allergen DNA found in popular foods such as peanuts. GM foods have been developed using fortification that uses modern agricultural biotechnology.…

II. Industry Overview A. Industry Sector On average, Americans spend about $800 to $1,000 annually per person in purchasing pharmaceuticals; this translates to about 2.0% of total GDP of the United States. Given this, we see that the pharmaceutical industry plays a critical role in the everyday spending of consumers. The industry total revenue is currently valued at $1,140 billion and expected to grow at a rate of 4% in the next 5 years. The pharmaceutical industry is characterized by…

In fact, there are large number of women and men who are engaging in sex work as another source of income for them. A recent study that has been done by Swansea University had found that one in 20 students has worked in the sex industry while their were working on a degree, and men did so more then women. However, while money was an important motive, three fifths of the students who are engaged in the work said they did so because they enjoyed it. 54% said they were curious and…

Strengths Experienced business units Genzyme is one of the world’s leading bio pharmaceutical companies, which was establishes in 1981. This confirms Genzyme is equipped with experienced business units. SBU have their own separate ability to craft industry specific strategy as it relates to their functions. This allows SBU to perform competitive analysis of on their market position and develop goods and services that meet the needs of the target audience (Verbeeten, 2010,…

background to stay competitive within the healthcare system. As long as we provide the best quality healthcare to our patients, pricing, PBM partnership and acceptable star-ratings this should allow Walmart to be as sustainable giant in the healthcare industry for years to…

Strategic management was defined by Teece (1990) as “the formulation, implementation, and evaluation of managerial actions that enhance the value of a business enterprise”. The principles of strategic management can be applied to the automotive industry and how companies have had to adapt to the ever-changing external business environment. Strategic management in its simplest form can be thought of as the implementation of a strategy in order to overcome an obstacle or to react to a change in…

Do pharmaceutical companies have too much influence over the way doctors practice medicine? An ongoing issue in the medical industry is pharmaceutical companies spending millions of dollars on doctors just so they will prescribe their medications. Unfortunately, once the doctors prescribe medications, they don’t give the patients the option to purchase a cheaper medication. Nevertheless the patient is the main priority, pharmaceutical companies essentially should be more concerned with helping…

Phase III Multinational Clinical Trials for Biosimilar USFDA and Health Canada have established exclusive approval pathways for biosimilars, they are not identical copies of their originators but needs to show a highly similar structure and similar clinical efficacy, safety and immunogenicity to their approved reference biologics. The main goal is to approve biosimilars are to reduce the cost and make it available to the large population. Biosimilars also undergo for testing at all stages of…