Social factors play a key role in setting up

  • No School
  • AA 1
  • 12

This preview shows page 4 - 6 out of 12 pages.

fluctuations in incomes and economic cycles (Valeant, 2014). Social factors play a key role in setting up operations since the company must comply with all social regulation in the various regions and thus why development plans are in place because the company is in line with all social rules and regulations. Technology has brought about massive changes across all industries. Valeant Pharmaceuticals International, INC is on the move to reduce the cost of operation, and thus the company has to adopt all latest technologies in all manufacturing processes. SWOT ANALYSIS Strength Weakness The company has set up forty branches across the world, and all of them have got all the required regulatory documents. Valeant Pharmaceuticals International, INC is in a position to conduct operations effectively without any interruptions. Also, the company has been into various subcontracting activities which have helped the company attain all manufacturing goals. maintenance of various supply sources make the company stand a chance of continuing operations since the risks of failed deliveries are adequately addressed. The management of the company is not in a position to effectively manage the increasing growth in the entire market. The company is not in a position to recruit and maintain key employees in the company; thus increased staff turnover could be highly impacting productivity. Protecting intellectual property is another challenge facing the company. Some of the products manufactured by the company are sold depending on seasons; thus a projection of profits on a certain product is a
Image of page 4
5 During December 31, 2014, the company had employees amounting to 16,800 who were distributed effectively across all departments in the organization (Valeant, 2014). The company has various trademarks which have been registered in all countries of operations. The company has invested heavily in research and development. For example, the year ending December 31, 2014 close to 800 employees of the company had been involved in research and development activities of the company. difficulty (Valeant, 2014). Breakdown of operations in branches as a result of information system failure. Dealing with negative publicity is not easy since the company is not strong in countering such activities. Opportunities Threats The company is determined to venture the generic drugs business which is the new opportunity in the pharmaceutical industry. Some of the new markets which can be addressed include Central and Eastern Europe (primarily Poland and Russia), Asia, Latin America (Mexico, Brazil, and Argentina and exports out of Mexico to other Latin American markets), Africa and the Middle East. With such a market in place, the company is in a position to increase operation while at the same time sales returns are increased.
Image of page 5
Image of page 6

You've reached the end of your free preview.

Want to read all 12 pages?

  • Fall '19
  • multinational company, Valeant Pharmaceuticals International

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes
A+ icon
Ask Expert Tutors