Management Report on Square Pharmaceuticals Ltd Essay Sample

1. 2 Aims

The chief aim of this study is to derive a practical cognition of direction of an organisation.

1. 3 Scope of the Report

The study will be concentrating on a distinguishable organisation on the footing of the construct we have got from our survey of Principles of Management. We besides take aid from other beginnings. It will non incorporate in-depth survey from any other beginning accept some books and interview of some director of Square Pharmaceuticals Ltd.

1. 4 Methodology

•The full study was dependent entirely on secondary informations. taken from the one-year study of Square Pharmaceuticals Ltd. and books. •Some primary informations were obtained by interview.

1. 5 Restrictions

The restrictions to bring forth this study are as follows: –

•The truth of the study depends upon the truth of the information furnished by our text book and from one-year study of Square Pharmaceuticals Ltd. every bit good. •Inadequate cognition in analyzing studies.

•Lack of in-depth apprehension of certain footings and constructs prevented us from traveling into inside informations. •Lacks of research.
•Time restriction is besides been at that place.

2. 0 Profile of Square

Square is one of the taking private limited company of our state. It is besides making some kind of concern out side the state every bit good.

Square

3. 0 Organogram of Square

Chairman

Pull offing Director

4. 0 Organizational Goals

5. 0 Organizational Plans

6. 0 Barriers towards Goals

We all know it that Square is one of the taking private limited company in our state. They are non merely making their concern in our state. They besides do export their medical specialties in some African states. Though they are really much stalls in their place. but. they have to confront some barriers to put ends. Major barriers are:

•Political Barriers

This is major and most complicated jeopardies for all types of concern in our state are the uncertainness of the political relations. Our civilization of political relations is wholly polluted by different happening. Professionalism towards money makes our political relations dark. So. it is one of the major barriers for the concern organisation. Because. if any organisation goes for program even for few old ages. they don’t feel secure. That’s why no foreign investors show any involvement to put in our local market.

•Global Environment

After a certain clip there won’t be any boundary for the concern organisation to make their concern. Because. globalisation is traveling to be
happened really fast. For this. the concern organisations have to confront more competition and that’s why the environment is altering really fast. It’s hard for any company which normally does concern in their local market to get by up with this immense alteration.

•Lack in Resources Deployment

We all know it that the resource is limited. but. the privation is limitless. But. we have to hold the proper thought about the handiness of resource. Those resources have to be deployed decently. But. most of the clip the resources are non proportionate with the program done by the organisation. Ultimately. they found themselves in vain.

•New Rivals

With the clip new rivals are coming up with their concern. It’s one of the barriers. Because. when an organisation does be after so they normally do it for 2-3 old ages. So. when they see that new rivals are coming in this concern so they need to alter their scheme which may hold an consequence on their planning.

7. 0 Way to Get the better of Barriers

•Motivated Work Force

Most of the clip the people who are working in the organisation even doesn’t know their ends and what their organisation really wants from them. So. organisation should do its employees to work for them and allow them cognize the mission of their organisation.

•Good Relation with the Employees

We know that top degree direction of the organisation normally set the organization’s ends and mission. But. after puting the ends normally they mat have non any dialogue with the other employees. But. they should ever make this for the improvement of the organisation and through this good relation they can actuate their employees.

• Foresight Power

To accomplish a certain end. an organisation may hold different scheme. They need to depend on the clip and environment. They fundamentally do program for 2-3 old ages and can be more so that. So. if the organisation doesn’t have any prediction power so it’s non possible for them to put any appropriate end.

• Time to Time Monitoring

After puting the ends the organisation should supervise the overall public presentation and they besides should revise the entire scheme.

8. 0 SWOT Analysis

8. 1 SWOT Analysis- Strength

8. 2 SWOT Analysis- Weakness

Some clip they offer some merchandises which are dearly-won. Like Amcofin-5 ( Tk. 3 ) produced by Incepta- A really new pharmaceuticals company Amcofin-5 ( Tk. 3. 50 ) produced by ACME
Amcofin-5 ( Tk. 4 ) produced by Square
So. here we can see that they are non utilizing the cost effectual manner to industries drugs. By a really limited study. we got to cognize that they a job with the employee which is employee turnover. They are confronting this job for rather a long clip. So. now it’s turned into a failing for them. They have got any large success in this field. They have a small job with their distribution in the urban country. In the urban country they need a spot more clip to provide their drugs.

8. 3 SWOT Analysis- Opportunities

Square pharmaceuticals can easy spread out their market in some other 3rd universe state. Though they are exporting their merchandise in international market. but. that’s non in a high per centum of market. In the domestic part. they can do their current place more strong by offering more value to their client. We have a huge population and we are ever enduring from different types of diseases every clip and all over the state. So. it’s a great chance to increase the market portion through gross revenues. They can bring forth international criterion drugs through their new works they established few months ago.

9. 0 Recommendation

We all know Square is one of the taking pharmaceuticals industries in our state. But. after all of this qualities or leading of this company. there are some jobs of square besides the qualities. But. there have some ways to riddance. Square is the market leader is in the pharmaceuticals industries. They are such a company which ever does seek to get by up with the dynamic and complex planetary environment. Such as. with the promotion of the engineering. they have already established the south Asia’s biggest works in the field of pharmaceuticals at near the Dhaka metropolis which is acknowledging themselves as a SMART concern company. They have the greater market portion in pharmaceuticals industries now.

They have achieved it by presenting the quality drugs and good retail merchant service particularly in the urban country. They normally use the push scheme to makes their merchandises available for their consumer. Their client is really much loyal about their merchandises. This is on of the of import ground behind their success. They have gained it through their quality. They are pull offing their concern by such employees who are extremely qualified and have got a huge experient. Their work force is so much delegated about their plants except few jobs. Their merchandise is already certified by the International Standard Organization ( ISO ) which recognizes them as a quality maker.

It’s natural that wherever there is a small possibility to be a gainer. there must hold some failing. Though square is a making their concern in international degree but. they have besides some job. Like. there are some merchandises of square which is comparatively charging high monetary value so others. Such as: Amcofin-5 ( Tk. 3 ) produced by Incepta- A really new pharmaceuticals company Amcofin-5 ( Tk. 3. 50 ) produced by ACME

Amcofin-5 ( Tk. 4 ) produced by Square
So. here we can see that they are get the better ofing by the monetary value. There are some other attentions like this which seems a weak point for them. They have another job has viewed by a little study that they have a job with their distribution in the rural country. There the drugs pharmaceutics doesn’t acquire their drugs in clip and they need to wait for a long clip for their drugs supply by which they can lose their consumer trueness. Employee turnover is another job of square. Not a great trade of turnover. but. it a job for them.

At the current clip they are exporting their drugs in some African states. So. they have a great opportunity to enlarge their concern boundary. They can export their drugs in some other states by set uping new engineering. They are already the market leader in the pharmaceuticals industries. So. if they do seek to beef up their operation more in the domestic market. so they can hold the place in the market which can ne’er be unbreakable. If they able to make this so they can maximise the portion holders net incomes and through this they can increase their market portion.

Now. in the pharmaceuticals industries. there a tonss more rivals so earlier. Such as:

•ACI
•Aventis
•ACME
•Beximco Pharmaceuticals
•Glaxo
•Pacific Pharma
•Embee
•Jayson
•Opsonin
•Incepta etc.

So. we can see that twenty-four hours by twenty-four hours the rivals are increasing and among the new rivals. there are some who are making a really good concern. Like:

Amcofin-5 ( Tk. 3 ) produced by Incepta- A really new pharmaceuticals company Amcofin-5 ( Tk. 3. 50 ) produced by ACME
Amcofin-5 ( Tk. 4 ) produced by Square

So. here we can see that they are get the better ofing by the new rivals. Because. the rivals are bring forthing more expeditiously so square. So. it’s a great threaten for them. There are some other joint ventures pharmaceuticals companies in Bangladesh like ROCHE. United & A ; Unihealth etc. So. square should take the necessities stairss to protect their market portion. Otherwise. the market rivals like ACME. Beximco. and Jayson etc. can assail square. Market followings are holding some good quality merchandise. So. it’s a existent menace for the market leader.

10. 0 Decision

It’s an of import facet for every company to put their ends and harmonizing to that they can acquire the motive to make the ends. But. the ends and programs should be realistic and to accomplish that end everybody should work together and Square is such a company which is wholly enthusiastic to accomplish it.