Friday, January 3, 2020

Research Proposal - 784 Words

Merck Research Proposal STR/581 March 18, 2013 Merck Research Proposal Even though cost for medical care continues to escalate, Merck, the largest health care company in the world still works to improve people’s health and well-being. In November 2009, Merck, and Schering-Plough combined to create a new corporation. Both organizations together provide an even stronger commitment to providing good health and well-being. Through the years, Merck researchers have helped to find new ways to treat and prevent illness - from the discovery of vitamin B1, to the first measles vaccine, to cold remedies and antacids, to the first statins to treat high cholesterol (Merck, 2013). Merck’s mission statement defines their self-image as†¦show more content†¦Sources for Internal Environmental Analysis Merck shares stable strategic objectives in how they propose to develop and market their medications and vaccinations in a global fashion. The thought is to prove the worth of its medications and vaccines using lifecycle management while taking time to put into practice internal and external expansion possibilities, including national business growth. The 21st century brings two key rival global researched-based pharmaceutical companies. Merck takes satisfaction in the fact they are a peak manufacturer of pharmaceuticals that invent from the zero phase. This means that the research and developing of each drug exclusive through Merck. One of Merck’s biggest divisions is the vaccine branch. Conclusion Merck is probably the best run pharmaceutical company today with the best in-house RD. Merck has been pleasing the shareholders with lower spending and revenue growth. They have a healthy relationship with the FDA, which allows them to bring a drug to market faster. The organization stands by its values, mission, and vision. Needs of the stakeholders are met and the company has streamlined its process for profitability. References Merck and Company. (2013). Retrieved March 17, 2013, from http://www.merck.com. Wharton University of Pennsylvania. (2011). Merck’s Growth Strategy. Cohabitation over Marriage. Retrieved March 17, 2013, fromShow MoreRelatedResearch Proposal661 Words   |  3 PagesTO: Professor Sara Cutting FROM: Kiersten McCaffrey DATE: February 18, 2014 SUBJECT: Begin Business Plan for Potential Future Investment Background In the beginning of the semester you requested that I research a topic related to a personal decision such as a future goal. I am currently employed at a yoga studio and have a general understanding of the hard work that goes into running a small business. At the same time, I also directly see the benefits of owning a successful business.Read MoreProposal For A Research Proposal814 Words   |  4 PagesWhat is it? A typical research proposal is used by scholars and students who have an interest in your field. 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