Thursday, May 7, 2020

Case Analysis The Case Of Dr. J. T, Merck, And Co.

IBTISAAMA YAHAYA AHMED Every organization doing business internationally is bound to face some risks and obstacles which includes country risk, culture risk, commercial risk and currency risk. Depending on the country a business is established, the risks vary in the type, occurrence and impact. Merck Sharp and Dohme Argentine, MSD, the subsidiary of a U.S based pharmaceutical company, Merck and Co., faced lots of such challenges. Antonio Mosquera faced a lot of country risks and obstacles. Country risk is the adverse effect on a company’s operations due the host country’s political, legal and economic developments. For instance, there were inadequate and underdeveloped rules and regulations in Argentine so even though Mosquera tried hard†¦show more content†¦There were statements such as; ‘this is what has been going on in the company’. Mosquera faced problems of high resistant to environmental change hence he couldn’t move at the pace he wanted. Even Sylvia Ring, the Director of Training and Development had problems adjusting to the new environment. Other problems Mosquera faced was lack of professional education among managers, employees were not self-motivated, there was no innovativeness and personal initiative and the promotions were based on relationship. Mosquera, that he was faced with a lot of uncertainties in the Argentina market. He said, â€Å"here, you receive a surprise every 15 minutes†¦.†. Amidst all the problems and obstacles Mosquera faced, he was bent on achieving his goals which is to increase sales, promote growth while reducing operating cost and establish a competitive presence in Argentina by having a restructured plan. His restructured plan was centered on three main objectives which are; to change the old hierarchical management system into a flatter by integrating the management structure. The integrated structure will enable him to achieve the second objective which is allowing free flow of information across the organization. For instance, job vacancies were opened to all and were clearly described. The third objective was to achieve employee empowerment. He wanted the employees to be innovative andShow MoreRelatedMerck Case Study Essay6943 Words   |  28 Pagesï » ¿Merck Co. Executive Summary Case Study Goal The goal of this case study is to examine the current operations of Merck Co. Inc. and determine areas of potential concern, evaluate the effectiveness of the current business model, and propose a plan of action to grow Merck Co. Inc. to be the largest pharmaceutical company in the world. 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