Module 2 Assignment – June 2017 (1)

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Module 2 Assignment – June 2017 (1)

 

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The importance of a project or a dissertation from the field of Business Management lies in its capacity of resolving the current issues of business development and operational expansions. The functionalities of the Human Resource and the technical initiations in managing cross-cultural sustainability of a business are some of the core fields of exploration (Shiu  & Lam, 2008, pp. 709-711). The sole purpose of MBA Projects/MBA Dissertations is to offer innovative means of understanding the market demands and the buying behaviour of the consumers. The major emphasis of MBA Projects/MBA Dissertations concentrates over the maintenance of individual research based work, followed by appropriate means of methodological investigation from empirical field of knowledge. It is the responsibility of the research to understand the selected field of research, and thereby offer necessary amount of practical and real life instances for the attainment of the selected case study. Selection of a business or service domain must get well analysed on the basis on case studies or companies that are already performing on wider scale.

The MBA Projects/MBA Dissertations are for graduate and postgraduate student. The Universities are much inclined in getting innovative topics and very authentic research works. The art of tackling every research-oriented issue and the application of strategically proven factors are some of the major aspects to be considered much seriously by the researcher. In this approach, voracious reading of all kinds of peer-reviewed journal articles and books is a mandatory practice. As the readings will get deeper, the research approach will get more authentic. It is the way through which the researcher can give well-refined, and practically demanded research works. The uniqueness and the critical strategic presentation of the research are also subject to attract more readers. Such unique MBA Projects/MBA Dissertations are also capable enough of gaining the importance of the employers, in the process of recruitment.

 

MBA Projects/MBA Dissertations are subject to demonstrate and illustrate some of the suitable questions that the current industry is facing. The major concerns related to international expansion of the companies, and the role of social media marketing, are few of the glitches that most of the companies are facing in the current marketing scenario (Isaksson, 2009).  As the research is able to identify these glitches and is successful enough in offering valid and authentic solution to these issues, the project or the research work, becomes inevitable part of current market.

Consequently, MBA Projects/MBA Dissertations must remain unique, authentic, valid, latest, and most importantly well researched topics. There should always be enough room for further analysis and developmental scope in every such research work, hence the scopes for long-term importance.  

Sources:

Isaksson Anders (2009). “Telecommunications and Industrial Development”, Working Paper 14, UNIDO, Veinna.

Shiu, A, & Lam, P (2008). Causal Relationship between Telecommunications and Economic Growth in China and its Regions”, Regional Studies, 42, 5, pp. 705-718

 

 

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Academic Research Paper writing services must have well experienced Professional profiles. Since, this domain demands customisations and specifications as per the requirement of the topic and the supervisor; the service provider must have Professional profiles of writers who understand these features (Blackwell, 2016). The responsibility of the client in this case is to enquire about the writing experiences of the writers. A well academic writer must have adequate grip over the subject and that is the reason that the service provider must make well-qualified writers available, for the job. Along with high-quality writing, proficiency in grammatical structure and language constructions, are also equally important (O’Leary, 2013). Knowledge about the subject and well constructed sentences are the two basic features that a student must have in an Academic Research Paper, and the writing service provider must have this rare combination.

 

Followed by the aforementioned features of Academic Research Paper writing service, it is also very important to have writers who can offer high quality content at a reasonable rate. Qualified writers from developing nations are very much efficient in managing the balance between the charges and the quality maintenance of the Academic Research Paper. As these writers always have strong grammatical foundation in their elementary level of education, they are very specific in offering academically correct content to the client. With increased amount of higher educational facilities in the developing nations like India, the content of Academic Research Paper are getting refined writers with up-to-date Professional Profile. Most importantly, the Professional Profile must have records of higher level of proficiency in offering deductive mode of reasoning, followed by analytical provision of understanding the subject and the research questions.

 

Source

Blackwell, J. (2016). The Dissertation Strategy – ABD NO MORE!: Instructions and Samples to Develop a Quality Dissertation as Quickly and Painlessly as Possible. CreateSpace Independent Publishing Platform.

O’Leary, Z. (2013) The Essential Guide to Doing Your Research Project. SAGE Publications Ltd; 2 edition

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The worldwide services for writing assignments and reports focus in the purpose offering quality based services to the international client. Meeting the instructions of the assignment or the report is the key towards gaining maximum for the student. The task is grievous and tough, if the student is not well acquainted with the ways of delivering right information and format to the assignment or the report.

Professional worldwide assistance for writing assignments and reports can deliver on-time quality work, only if the student is wise enough in choosing the right service provider. The way to get the right writing service, the student must understand that the service provider is offering different writing formats for assignments and for reports. It is significant to note that based on critical analysis of 2,101 assignments, Melzer (2014) laid great emphasis on the format of the assignment as submitted by the student, hence different formats for different writing.

In case of Assignments offered by worldwide writing services, it is important to note there are three very predominant sections. These are identified as Introduction, Body of the Assignment, and the Conclusion.

The Introduction must be able to grab the attention of the reader and must be efficient enough in identifying the core objectives of the assignment. This approach must be attained through various question oriented inspections some indepth studies about the assignment topic.

Next, is the Body of the Assignment that must be chronologically synchronised. Research bases analyses and findings are the basic elements to be added in this section.

Lastly, the Conclusion is meant to offer a comprehensive understanding of the assignment topic and summing up the solutions for the same.    

On the other hand, a Report offered by any of the worldwide writing services, must have clear presentation of Cover letter, Title page, Executive Summary, and Table of Contents; before the beginning of the Report. Then there is the need to add the Introduction, Main Body of Report, followed by Data Analysis and obtained Results, along with charts, photographs and diagrams (HAU, 2016). These information get concluded with a Conclusion, and a mandatory section of Recommendations.

In an Assignment the Reference list and Appendices are important inclusion, whereas in a report, addition of Glossary, is very vital (Holmesglen, 2012).

Conclusively, for any student the selection of the right company from the worldwide spread writing services is the key for a high quality assignment or report.

 

Sources

HAU (2016) Guide to Report Writing 2015/16. Harper Adams University. Retrieved on 3rd August 2017, from https://www.basis-reg.co.uk/Portals/1/Resources/Student%20Resources/Guide%20to%20Report%20Writing%202015-16.pdf?timestamp=1441798041137

Holmesglen (2012) Report Writing Structure Overview. Learning Commons. Academic Skills Unit, Holmesglen. Retrieved on 3rd August 2017, from https://www.holmesglen.edu.au/__data/assets/pdf_file/0019/110449/WRITING_ReportWritingStructureOverview.pdf

Melzer, D. (2014) Assignments across the Curriculum: A National Study of College Writing. Utah State University Press; 1 edition

 

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Strength

  • The structure of decision making.
  • Possibilities to form the Board by the representation of the interest groups.
  • Participation from private entities.
  • Network ing
  • Initiatives of the Medical representatives striving towards reform.
  • Opportunities for funding.
  • R & D support is very strong.
  • Cost Competitiveness due to lower labour  cost & production cost.
  • Well-developed industry with strong manufacturing base
  • Well established network of laboratories & R & D infrastructure for new drug discovery & development.
  • Access to pool highly trained & skilled scientist,both in india & abroad.
  • Strong marketing & distributions network in domestics & International market
  • Expertise in reverse engineering  and development of new chemical process made Indian pharmaceutical industry as one of the strongest generic industry.

Weakness

  • Calculation of the real demand, ability to make a realistic plan of supply.
  • Participant’s capability in decision making, conflict of interest.
  • Lack of investment and out-dated facilities Lack of necessary infrastructure.
  • Lack of Supply Chain Management systems.
  • Low investment in innovative Research & Development.
  • Lack of resources to compete with MNC’s

For new drug discovery research & to commercialise molecules on worldwide basis.

Lack of strong linkages between industries & academia.

Lack of Culture in innovation in Industry.

Low per capita Medical expenditure and Healthcare spend in the country.

Inadequate regulatory standards

Production of spurious & low quality drugs tarnishes the image of the industry at home & abroad.

Opportunity

  • Public pressure on reform
  • Advanced communication technology, opportunity
  • The new economic demand based on knowledge
  • Innovation of New medicines due to continuous research.
  • Globilazations
  • Significant export potential  to the developing as well as developed countries.
  • Licensing deals & collaborations with MNC’s for new chemical entities & new drug delivery systems.
  • Providing marketing operations to sell MNC’s Products in domestic market.
  • India can be nichie player in global pharmaceutical R & D by developing world class infrastructure.

Contracts Manufacturing arrangements with MNC’s .

Potential for India as a centre for International clinical Trials.

Increasing Incomes & buying power of People especially in rural areas has opened the great opportunities for Indian pharma companies.

Growing awareness of health & increasing spending on health.

 

Threats

  • View on reform is not tenacious, affected by interest
  • Required investment, reliability of the financial source

New competitors enter into medicine market which makes huge competitions,

So  product cost of medicines should be cheapest.

 

Product patent regime poses serious challenges to domestic industries unless it invest in R & D.

 

R & D Efforts of Indian Pharmaceutical companies hampered  by lack of enabling regulatory requirement . For instance, restrictions on animal testing out-dated patent office.

 

DPCO puts unrealistic Ceilings on Product Prices and Profitability and prevent pharmaceuticals companies from generating investible surplus.

 

Exports efforts hampered by procedural hurdles in India as well as non-tariff barriers imposed abroad.

 

 

Findings

 

 

  • During my survey at first I found that, in all branches of Indian Pharma Industries  growth is quite good. DumDum and Dhakuria Branch are exceptionally good in their Pharma growth and marketing strategy and other activities are on the right track.

 

  • Secondly, I have found that most of the Customers is satisfied with the MSD. Most of the Indian doctors recommended MSD’s Product.

 

  • OUR FINDINGSDOCTORS: Only 19% of the doctors prescribe the drugs of MSD & 75% of the doctors were able to recall only two drugs of MSD(Januvia &  Quadriderm)     ) Majority of the doctors who prescribe the drugs of MSD prescribe it daily The doctors consider the quality as the Main constrain while prescribing the drug  About 92% of the doctors have internet excess and they would like to receive about the information about the new drugs. 62% of the doctors read “Times Of India” and “Mumbai mirror”

 

  • During the survey it was found that still there are 75% patients have not heard of MSD Lake of Awareness in consumers (patients). Many people are not aware about brands of MSD. There is lack of Sales Promotional Activities. Majority of the patients who know about MSD have heard it in news paper .

 

  • OUR FINDINGS PHARMACISTS:Only 3% of the pharmacist think of MSD when they think of pharmaceutical industryAll the pharmacist sells the drugs of the MSD Majority of the pharmacist were able to recall only the two drugs of MSD (pantocid and glucored)The pantocid and the glucored are the top selling drugs of the MSD.The supply chain of the MSD is very effectiveMajority of the pharmacist are satisfied with the incentives.

 

OUR FINDINGS SALES REPRESENTATIVES (MRS)No regular sales representatives in certain areas so the pharmacist cannot have the access about new drugsMajority of Sales representatives visit the doctors in 1-15 days.Majority of the Sales representatives use the quality of the products to convince the doctorsSales representatives gives various free samples, incentives and giftsMany Sales representatives think as the pharmaceutical companies are very competitive it is very difficult to capture the market.

 

Recommendation & Suggestion

 

 

During my survey at first I found that, in all branches of MSD Pharma growth is quite good and their marketing strategy & physical behavior are quite good. But, I suggest them to improve there marketing style and improve that people who worked in the marketing field like, distribute the hand bill and lip late. I suggest also, they provide more free Samples of Medicines to the Patients by the relevant doctors. Now –a-days most of the Patients or people like free medicines. And finally I suggest, recruiting more employees for the marketing and advertisement which help to growth on Indian Pharma  Sector.

 

First and foremost MSD should take proper action in order toImprove promotion and marketing because only 19% of the doctors prescribe the drugs ofMSD.Majority of the doctors and pharmacist were able to recall only the two drugs, while MSD comes up with 25-30 drugs every year, so it needs to promote the other brands too. As the majority of the drugs are prescribed by specialist, the specialist should be targeted for the marketing of drugs for certain disease. Majority of the doctors have the internet access they should be send information about new drugs through mails. Majority of the doctors read “Times Of India” and “Mumbai mirror “So these news papers should be used for advertising.

 

Many patients have not heard the names of the name of MSD.So it should come up with new innovative marketing methods. Only 3% of the pharmacist thinks of MSD when they think of sun Pharma so the awareness needs to be increasedThe sales representatives should have good communication skill and good knowledge about the new drugs Increase the free samples of the new drugs Some of the innovative methods could be likeCelebrating doctors birthdayCelebrating marriage anniversaryDoing seminars for the new development in the field of medical scienceOnline advertisement.Talk about the strength of your brand.Increase the frequency of the sales representative in certain areas.Give free DVDWeek end trip for doctors.Organizing quiz competition for college students.Tie up with certain hospitals.

 

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