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Hoechst Case Study ppt

Mar 01, 2016

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Business policy case study
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Transcript
  • I. VIEWPOINT

  • Hoechst-Roussel Pharmaceuticals, Inc-Well-known German chemical then life-science company.-One of the leading companies in the chemical industry-Producer of thecontroversial product known as RU 486.

  • II. TIME CONTEXT

  • July 1991- RU 486 started to become controversial; received criticisms from pharmacists, analysts and the public.

  • IV. PROBLEM STATEMENT

  • How will the company increase the market share of RU 486?- how will the company attract the public to buy the product and increase its target market?

  • V. OBJECTIVES

  • To achieve public acceptanceShort Term GoalLong Term Goal

    To have a wider market for RU 486

  • VII. ALTERNATIVE COURSE OF ACTION

  • VIII. ANALYSIS OF ACA

  • IX. CONCLUSION

  • Criteria: ACA 1ACA 2ACA 3Cost efficiency312Return of Investment231Ease of Implementation123Probability of success 1 . 3 . 2 .TOTAL:7108

  • X. ACTION PLAN

  • ActivitiesPersons InvolvedTimeAgendaMeetingBOD/Executives1 monthDevelop a budget plan; Construct a timetable Research and DevelopmentExperts3 monthsInvestigation of the market place including competitionConstructionConstruction Company1 yearConstruction of the buildingPersonnel TrainingHR Department 6 monthsOrientation and education of the employees