Strategy management case study Example | Topics and Well Written Essays - 250 words

Strategy management - Case Study Example Hikma Pharmaceuticals Company has experienced expansive growth and success over the years (Gillespie & Hennessey, 2011). To match the world’s current competition status in the pharmaceuticals industry, the company needs to implement the following recommendations. Hikma has defiled odds of political turbulence to become one of the world’s top drug producing companies in the world. However, there is a challenge of political risks especially from MENA community. Hikma should therefore carry out thorough international relations to win the politically unfriendly countries. The move will see the company enjoy good customer relations in all its marketing environments. Hikma should have continued investment in the research and development (R&D). The R&D investment will be crucial in maintaining pharmaceutical company’s efficiency through development of innovative and new drugs that current world market demands (Chrysostome & Molz, 2014). The company should also take part in genericization process in which it develops and modifies the already existing drugs. Hikma should put more efforts to acquire FDA approval as quality drug manufacturers to penetrate US market effectively and efficiently (Johnson & Scholes, 2006). Successful acquisition of FDA means Hikma shall have acquired quality-manufacturing standards to assure it of a wide market base. In addition, Hikma will also overcome the restrictions and regulatory measures that bar it from manufacturing certain products as well as accessing some markets. To fulfill and reach its global market ambitions, Hikma should create more opportunities for a profitable future by increasing the demand for its shares and improving its liquidity (OBG, 2010). Consequently, employee commitment and profits will increase significantly. Finally, Hikma should focus on advocating patent expiries and increase in demand for medicines that are cost-effective. Such strategies will help in easing the current pricing pressures

Form food safety enforcement Essay Example | Topics and Well Written Essays - 1500 words

Form food safety enforcement - Essay Example However, the basic purpose of this paper is to evaluate the successful outcome or otherwise in the cessation of the outbreak, identification of what went wrong and the measures needed to prevent a recurrence. Food poisoning is defined under the Food Safety Act as 'any disease of an infectious or toxic nature caused by or thought to be caused by the consumption of food or water' (HPA) 2004 (Management of outbreak of foodborne illness in England and Wales). Food safety laws in the United Kingdom center on protecting the consumer by ensuring that food is safe for consumption. Many provisions of the law focus on prevention rather than cure. Food business operators (FBOs) must show that they have adopted hygienic practices at their premises. The risks associated with food processing and preparation must be assessed by the FBOs, the food industry and the food laws enforcers. The degrees of protection are achieved through enforcement of specific provisions and through a framework that seeks to minimize the risk of unsafe food being present in the market. Any breach in the provisions of law results in criminal action. The law and its enforcement are governed by European and domestic laws. Actually, the provisions of law comprise broad principles and they are carried forward in more detailed forms by secondary legislation in domestic law. This process may change the fundamental principles upon which national legislation is based (Professor Bridget M. Hutter and Tola Amodu). There are many organizations in the United Kingdom involved in food regulations such as National Health Service, Local Health Boards, Chartered Institute of Environmental Health, and so on based locally, and at the national level. The ministers and central government officials formulate policy and tend not to be specialists in food safety protection. The Food Standards Agency (FSA) is an independent Government department with special knowledge in the domain. The FSA formulates policy whilst overseeing and directing the enforcement activity of local players. The Meat Hygiene Service is an executive agency of the FSA and responsible for statutory inspections of licensed premises including slaughterhouses, cutting plants and cold storages in the United Kingdom producing meat for human consumption (Background to the 2006 food hygiene legislation). Self regulation