Thursday, April 23, 2020

Whatever They Told You About Good Essay Topics Is Dead Wrong...And Heres Why

Whatever They Told You About Good Essay Topics Is Dead Wrong...And Here's Why The primary aim of topic choice for a proposal essay is to show the idea can be put into place in practice. Just take some time and use the chance to select the topic you love. Opt for a distinctive topic that others may not think of, and whatever you select, make sure that you know a lot about it! If a great topic isn't sufficient to inspire you to academic heroism, it's no huge thing. It's therefore important to cautiously consider different college essay topics. Argumentative essay topics are so important since they are debatableand it's critical to at all times be critically contemplating the world around us. Moral argumentative essay topics are a few of the simplest to get carried away with. There are a few great topics to look at when picking a topic for your argumentative essay. As tempting as it might appear to skip past the extra info and go straight to the list of persuasive essay topics, don't do it. It's important to select debatable argumentative essay topics since you need opposing points that you are able to counter to your own points. Make certain you give clear explanations of the things on your list too. School should occur in the evenings. At times it only appears simple, but a great deal of students forget about the sort of academic writing they have to follow. Very often it becomes tough to choose a single topic either on account of the many ideas in the student's head or due to their complete absence. Very often it becomes tough to choose one particular topic either due to the many ideas in the student's head, or due to their complete absence. What You Should Do to Find Out About Good Essay Topics Before You're Left Behind Application essays about challenges reveal how you respond to difficulty to folks who are rather interested in ho w you are going to handle the subsequent four years by yourself. Getting in a position to compose a strong argument will allow you to succeed in society. Freedom of choice is the capacity to decide on a topic that you're well versed in. Inspiration to make your own advertising or media argumentative essay topics isn't tricky to discover. Researching the topic will enable you to find out more about what fascinates you, and should you pick something you truly like, writing the essay will be more enjoyable. There's a long collection of fantastic essay topic which, though may be applicable and suitable for a specific group of people, it could be condemned at large by a different one. So, pick a topic about which you have good expertise, which you are able to place in your paper. Your very first idea is nearly always very likely to be too large. When you're picking your topic, bear in mind that it's much simpler to write about something which you presently have interest ineven in case you don't know a great deal about it. So, so as to form an ideal impression at right time, you should write a great bit of writing. For instance, you can write about something that personally affects you or somebody you know. To be able to put a distinctive theme and an excellent paper, you must pick a great topic. If you choose to compose a paper on both of the government term paper topics the major idea is to conduct appropriate research and just then compose the expression paper. It is an impossible task to compose a fantastic history paper if you write about something you find boring and don't care about in any way. Understanding how to compose a strong argumentative paper can help you advance your very own argumentative thinking. What Good Essay Topics Is - and What it Is Not The writing process is going to be a pleasure, and your reader will delight in reading your bit of academic writing. It's needless to say that you should decide on a subject that you regard as interesting. In circumstances when you get to pick the topic for an argumentative essay, you need to be wise and locate a title that will intrigue a reader. The topic for essay writing can vary from a selection of subjects. So the overall grade for the paper might differ based on that. School tests aren't powerful. Remember your final grade significantly is contingent on the topic. For instance, you can pick a topic for elementary, middle, or higher school. Good Essay Topics and Good Essay Topics - The Perfect Combination The manner in which you formulate your argument heavily is based on the essay type. At the end, you've got to compose the essay. Thus, do not even consider writing an essay on the topic that you've got zero idea about. To compose an outstanding essay, it's critical to use specific academic language. Before getting started you have to pick a superior essay topic that will find out the title of the paper. In this kind of situation, it's more convenient to locate ready-made essays and use them as an example. At any time you catch yourself feeling captivated by somebody's essay or article, take a good look at it. When it has to do with writing an argumentative essay, the most significant matter to do is to select a topic and an argument you could really get behind. Thanks to the correct option of presentation style and a thorough understanding of the goals you need to accomplish in your essay, there are many categories essay themes may be broken into. You might believe that interesting essay titles do all of the work, permitting you to add obvious examples and share ordinary ideas. Besides general knowledge you have regarding this issue, you won't mind dedicating some opportunity to research, writing procedure, and other things essential for the high-quality essay. Some peop le might believe that the very good content might be written on any topic and the paper success is dependent just on the mastery of the writer. So you don't actually wish to come across a topic! Therefore, the topic ought to be debatable! Quite frequently, the very best topic is one which you truly care about, but you also will need to get ready to research it. Deciding upon an emotional topic is also an excellent idea. The Foolproof Good Essay Topics Strategy You need to totally explore the subject and allow it to be personal. Even with the absolutely free theme, it's the exact same work, in the same way as any other essay, which means no more freedom there. If when you are preparing a report you just analyze specific literature, the essay demands an excellent penetration into the issue. To choose which subject you're likely to discuss, it's essential to see the complete collection of good persuasive speech topics from the specific area of study. The process of selecting the topics should not take you a lot of moment. Though people believe education is a correct and will make society, overall, a better place for everybody, others feel there's no real means to provide a free college education as colleges would still have to be funded (likely through tax dollars). You might need to compare your subjects in a particular way or use a particular technique to assist you come up with your data.

How to Choose the Best Topics For Short Research Paper

How to Choose the Best Topics For Short Research PaperTopics for short research paper are easily found on the internet. Many websites offer their articles for free. The only question that remains is where to find these topics for short research paper. In this article, I will show you where to find these topics for short research paper.Through the history of man's internet, I have found that topics for short research paper have been uploaded by other researchers. Their articles can be found on the websites of the authors themselves. With the advancement of technology, the internet has allowed many people to become internet marketers.It is no longer hard to become a successful internet marketer, especially when it comes to a new career as an astronomer. This is because with the advancement of astronomy, many authors have come up with interesting topics for short research paper. These topics can be used to solve long standing research problems and therefore, the use of these topics for short research paper has increased exponentially.The internet is a very diverse resource. There are many topics for short research paper available for anyone who wishes to learn about astronomy. Some of these topics for short research paper include the study of planetary systems, astrophysics, and solar and lunar motion, as well as observations made by astronomers.The first thing that you must do is determine which topic will be more helpful to you. As a member of the author's club, you should know that your article will be reviewed. A second party that you may work with is the editor of the article. So the more beneficial topics for short research paper that you choose are the ones that will be reviewed and revised by experts in the field.Once you have chosen your topic, you will need to choose the title for your article. You should give the title a specific meaning. If you want to get your article published, then you should choose a topic that is related to your topic. But if you want your article to be posted on other websites, then you can make it less specific.The content of your article is also very important. You should keep in mind that you should write articles that you would like to read and not ones that you think others will want to read. You should avoid self-promotion and short paragraphs. If you feel that you are able to add something that is useful to your readers, then go ahead and do so.A few tips that I have learned over the years include writing the final draft of the article with a white board so that the ideas will flow easily. Also, ensure that the content is complete, as well as being precise. If you overlook any word or phrase, you will have to rewrite your article from scratch. The most important factor of all is to understand that you should write a topic for short research paper that is specific, understandable, and informative.

The Rise of College Essay Topic Generator

The Rise of College Essay Topic Generator To begin with, it is going to aid you with content writing. After you discover that topic, it's about writing and rewriting. Causes are introduced as argumentative topics which introduce the main topics of contemporary society in a succinct presentation where creativity is crucial. College Essay Topic Generator Explained Before you commence writing your essay, there's a need to find the sensation of connection to the subject, the attraction to it and a deep interest. Suddenly, you're in a totally new situation, and will need to do something, but you need zero idea what. Your strongest point ought to be revealed in the last body paragraph. The moment itself isn't important. Tell us a topic that you've changed your head on in the last three years. Pick a distinctive topic that others may not think of, and whatever you select, make sure that you know a lot about it! The topic has to be based on an excellent evidence base. Finding the most suitable topic is both important and hard at exactly the same time. Want to Know More About College Essay Topic Generator? In order, you will find proposal essay ideas on our website. Another option is to employ an expert essay writer. No matter if you're looking for essay topic generator or simply want professional assist with your college or university essay, we are glad to give you a help hand! Free essay checker to prevent plagiarism The upcoming common issue for all students surely is plagiarism. So you don't actually wish to obtain a topic! Generally, all you have to do is to state the topic and you'll receive an entire essay sample to carry on working by yourself. The Unexposed Secret of College Essay Topic Generator A random topic generator is an incredibly straightforward, simple to use, and it is a quick method to acquire a random topic at this time and right here. Moreover, using atopic generatorhere appears to be wise. Certainly, the most indispensable thing in regard to the entire paper is its content. The primary goal of topic choice for a proposal essay is to demonstrate the idea can be put into place in practice. Our everyday needs are growing not only because of urgent necessity but due to capricious desires. It is possible to select a topic that apparently appears unique and fascinating, but when it has to do with finding relevant info on it there is none. The Dirty Truth on College Essay Topic Generator Place your purchase, list main instructions, and you'll be assigned with a professional academic writer. The essay generator should be able to create an excellent conclusion. Your essay is the opportunity to add some flavor to your application. An application essay is among the main components in the university application procedure. What You Can Do About College Essay Topic Generator Starting in the Next 10 Minutes Writing the college application essay can be among the most dauntin g elements of applying to college. It is a tough gig. Topics for a cause and effect essay can be found on the internet, or you may brainstorm with a friend and see what you could work out but obviously, you might also find online strategies on writing papers for college. For instance, you can opt for a topic for elementary, middle, or higher school. Remember your final grade significantly is contingent on the topic. No matter if you're a college or university student, you might have to compose academic assignments and get good academic grades. Not only will receive all of the interest of your colleagues and your teacher, however you will secure the best grades. Even if you're the smartest student in class, it may be really tough to arrange everything which you know into a draft. Students lead busy lives and frequently forget about a coming deadline. Colleges are not searching for perfect folks. They are looking for a sense of maturity and introspectionpinpoint the transformation and demonstrate your personal growth. They are more likely to admit students who can articulate specific reasons why the school is a good fit for them beyond its reputation or ranking on any list.

Dialogue Essay Sample - Writing Dialogue Essays

Dialogue Essay Sample - Writing Dialogue EssaysWriting a dissertation preparation is one of the most complicated task because there are certain dialogues that have to be addressed. Dialogue essay sample comes handy for you if you want to write a thesis. This way, you will be able to address all these difficulties. Here are some guidelines that will be helpful to you.First of all, it is necessary for you to choose the main topic and then start writing. You will need to select the topic from the section. In choosing the topic, you will need to make sure that it is not the narrow and specific topic that you prefer. This is why you will need to keep your thoughts organized and concentrate on what you need to write.In writing a dialogue essay, you will need to consider whether you should use facts or fictional. Factual dialogue will be appropriate if you are dealing with a real life situation. For instance, you are going to write a dialogue essay about the conversation between two people when a specific incident occurred. If you are going to use facts, you need to make sure that you will be able to link the dialogue to facts. Remember that when you are writing about dialogue, you are creating fictionalized world.The next thing that you need to consider in writing a dialogue essay is how you are going to create conflict between characters. You need to keep in mind that there are certain dialogues that will be depicted in a fictional setting. This is why you have to consider the character's perspective. You also need to consider the dialogue if you are dealing with a non-fiction fiction.You need to know that conflict is the vital thing in dialogue. If you are not careful, you will find that some people will be going to get something when they already have it and some characters will not help when they are asked to do so. This will all depend on the overall message of the essay. But the bottom line is that if you are going to use dialogue, you need to be careful in han dling the theme.Your dialogue essay is like a road map. It is the way through which you are going to show the readers and students how to analyze what is written. It is not difficult if you know the meaning and you are able to answer the problem of every character in the essay.You need to think about the theme before you start writing the dialogue. A good way to do this is to research the topic and the theme of the topic. This way, you will be able to answer the questions of the readers. And when you are writing a dialogue essay, you will need to be prepared so that you will be able to be a narrator. You will need to be a role model for the reader as well.When you are writing a final dialogue essay, you need to keep your characters organized. This is because the last thing that you need to do is to put them randomly in order. Make sure that you have created some relationships between the characters so that the plot will flow smoothly. Also, make sure that you will be able to put dow n the ending of the essay so that you will be able to finish the work properly.

Saturday, April 18, 2020

McKesson Global Strategy

Introduction The growth of McKesson Corporation in the pharmaceutical sector has been phenomenal. The growth and prosperity is associated with the management approach employed at McKesson. This report presents findings from a research on the firm’s strategies and operations. The aim of the research was to understand how McKesson responds to challenges and opportunities in the market.Advertising We will write a custom report sample on McKesson Global Strategy specifically for you for only $16.05 $11/page Learn More This report covers McKesson’s history, an analysis on the firm’s position in the industry using PESTEL and Porters five forces, then the challenges that the firms has to deal with. Finally, the report provides recommendation on the course of action to ensure the firm maintains its competitive edge in the pharmaceutical sector. History of McKesson It took McKesson Corporation many years to become one of the largest pharmaceu tical firms in the world (International Directory of Company Histories, 1988). John McKesson with the help of other partners pioneered the firm in 1833. The initial setup or company was known as Olcott McKesson (International Directory of Company Histories, 1988). Olcott McKesson had its operations in Manhattan; they operated as wholesale drug suppliers. Daniel Robbins was introduced as a member and in 1953; he was made a partner after the death of Olcott (International Directory of Company Histories, 1988). Eventually, the firm’s name was changed to McKesson Robbins. There followed many identification changes due to the tough beginning that the firm had. The firm experienced a tough beginning but the determination and iron will of McKesson steered the company through all challenges into a successful pharmaceutical company in US. The firm experienced uncertain development, which was characterized by change of ownership and brand name. In 1893, the firm was dealt the worst blow when McKesson died but still the heirs of the firm carried on the mantle. The 20th Century saw the firm grow from strength to strength as new product lines were opened such as food supplements, alcohol and chemical production among others. From 1980s to 1990s, McKesson settled on producing medical product and it divested the unrelated product lines (International Directory of Company Histories, 1988). McKesson chairperson Harlan whose motto was â€Å"any company that doesn’t stick to what it does best is inviting trouble† and that â€Å"anybody who doesn’t prepare lives in dreamland† (International Directory of Company Histories, 1988) engineered the decision. During this period, the firm acquired automated healthcare, HBO Co thus becoming the leading medical suppliers in US.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Currently, McKesson is ranked 14 with over $106.6 billion yearly revenue (International Directory of Company Histories, 1988). McKesson has gone global with branches in Ecuador, Italy, Lebanon Netherland, Taiwan and Thailand (International Directory of Company Histories, 1988). McKesson Strategic Challenges Besides its success story, McKesson has some underlying strategic challenges, which inhibit it from exploiting its full potential. The most intriguing challenge is lack of clear framework to cope with complexity of global operations. Secondly, the firm lacks capability to handle hi-tech human networks. Thirdly, technology in the pharmaceutical industry is always changing and the company has to keep abreast. Fourthly, as the firm spreads its wings, the challenge of meeting international clients’ needs satisfactorily arises. Looking at the array of challenges, unless something is done to avert the effects of the challenges McKesson will find it difficult to contest in the global market. However, to understa nd how well McKesson can respond to the challenges, an analysis of the pharmaceutical industry is vital. PESTEL Analysis A PESTEL analysis comes in handy when looking at the macro factors affecting an organization. PESTEL is an Acronym for Political, Environmental, Social, Technological, and Economic and Legal forces. Therefore, a PESTEL analysis consists in looking into the effects of each of the factors on the operations of an organization. Political Factors McKesson being a US based firm, it enjoys a stable political environment based on democratic foundations or principles. However, having internationalized, success is dependent on how the firm negotiates through murky international political waters. For McKesson to enjoy continued prosperity it has to adhere to each specific government in host country’s policy and rules. Since McKesson is an international firm it is important to evaluate the tax policy assumed by the government, Labor law, trade restrictions and other ta riffs. In addition, McKesson has to respond and always prepare to either ride on or guard against negative effects of bilateral political decisions in the international arena.Advertising We will write a custom report sample on McKesson Global Strategy specifically for you for only $16.05 $11/page Learn More Economic Factors Economic factors that affect firms are closely linked to the natures and trends policies adopted by governments. Economical factors, which influence the operations McKesson, include the economic growth rate of nations, interest rates and price fluctuations. Although the US is an economic powerhouse, global economic changes and financial crisis have not spared it and their effects have been devastating. The other factor that has shaped the operation of the corporation is the fluctuating exchange rates and the tax rates imposed by various countries (Gillespie, 2007, p.12). Consequently, the management of McKesson is monitoring the chan ges in the cost of factors of production such as labor and raw materials. Depending on the changes, the Corporation may decide to outsource some raw materials from countries with low cost of production to gain low cost leadership. Social Factors McKesson enjoys the benefits of diverse cultural base that makes up the US. The cultural diversity in the uses provides an edge or benefits to the company in its endeavor to appeal to the global market. Bearing in mind that all individuals are susceptible to illness, McKesson boasts of ready market for its product in US and across the boundaries. The indiscriminating need for pharmaceutical products across cultures and social cohorts enables the corporation to reap steady revenues across various age groups and diverse markets niches. The demand for pharmaceutical products is price inelastic and therefore the firm profit margins are not affected by changes in prices. In fact, price increase for drugs means that the revenue generated by the co mpany increases, the same is the case when epidemics outbreaks occur because sale volumes increase. Best et al (2005, p.5) stresses the importance of evaluating demographic trends to regulate the firms production levels to gratify the market demand. Technological factors Technology is one of the major factors affecting the diversification and the scope of a firm’s prosperity. Embracing the right technology strategically arms the firm with the suitable tools for international competition. McKesson use technology to produce superior qualities compared to those of its competitors.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Williams Green (1997, p. 165) emphasizes the need for innovation and automation of its production and communication systems. While Best et al (2005, p.9) highlight the need for embracing telecommunication since it is indispensable for any global business. In addition, they emphasized the need for need for devising new product as well as new distribution mechanisms (Best et al, 2005, p.9). Managing hundreds of chain branches is a cumbersome task, but this problem has been contained by adoption of Management Information System (MIS) which gearshifts the operations of the vast firm. Furthermore, developing customer touch requires an efficient system, which facilitates a mutual interaction with its customers. McKesson has built an online query and customer desk to serve customers throughout the day (International Directory of Company Histories, 1988). This technology has also led to changes in advertisement strategies, many firms have resorted to the new media ads that are more influen tial and have a wider scope. Environmental factors Modern manufacturing are faced with various environmental regulation imposed by the government pertaining global warming and treatment of waste products. McKesson being a manufacturing firm is obligated to comply with environmental policies to reduce pollution and treatment of waste products (Choucri, 1995, p.221). As part of corporate social responsibility, McKesson ensures it complies with the international environmental regulations in an attempt to preserve clean and healthy environment. Failure to adhere to international standards may force the government force the firm to terminate operations (Choucri, 1995, p.221). However, McKesson enjoy less taxation for emission since its operation is associated with less chlorofluorocarbon that is a major cause of global warming. Legal Factors All corporations are governed by the Corporation Acts, which are designed to control the action of all business organization. Legal factors influenc e the corporation wage rates, age discrimination and laws controlling child labor (Choucri, 1995, p.224). The operations of McKesson are controlled by changes in laws controlling drug production and sales policies. Some drugs are prohibited from open shelf sales and therefore new distribution methods are devised such as agency and opening pharmacies. The competition law influences the operation of large corporations from exploiting small firms because of their monopolistic influences (Lamb, 2009, p.89). In addition, all corporations are obliged to act in accordance with consumer laws. Consumer laws protects consumer from unwarranted acts of the corporation such as hoarding, production of counterfeit products and deceptive descriptions of the commodities (Lamb, 2009, p.89). McKesson management looks into it that all legal factors are held fast to avoid any collision with the government law enforcers. Current External Environment McKesson quest to embrace an international image has ex posed the firm to a new environment with diverse challenges. However, the universality of its products provides an amble penetration into new market niches. Similarly, epidemics transcend geographical boundaries making it possible for a single drug type to be applicable in many countries. Nevertheless, spreading out to a wide region exposes the firm to new competitive forces. International environment is an arena for the best players in the sector, such solid competition calls for production of superior products and taking up the modern technology. Giber (2009, p.175) echoes that the prevailing challenges have forced the management to embark on educating the firms staff to exercise professionalism towards peak performance. McKesson offers a broad range of services and assistance to enhance realization of customers’ uttermost utility (International Directory of Company Histories, 1988). An in-depth drug knowledge and intense awareness of the hospital practices as well as opera tion flow present McKesson with a unique tool for international competition. The nature of the competition has strategically fueled the firm’s ambition to become the best and to streamline operation and management. Currently, the organization has decentralized some operations, for example, marketing and production have been distributed to various countries while activities like finance controls, and technological planning and strategic arrangement are centralized at the headquarters (Giber, 2009, p.174). Porter’s Five Forces Model McKesson has adopted a sustainable international strategy, which is aimed at competing effectively in the market with other pharmaceutical players. The sustainability of the firm’s strategy is best understood in the context of Porter’s Five Forces Model. Threat of New Entrants The pharmaceutical sector is one of the economic sectors with a high rate of turnover. The stable demand for pharmaceuticals and the emergence of new dise ases has attracted many players into the sector. McKesson faces stiff competition from new entrants into the sector both from within the US and international market despite being Multinational Corporation. Pharmaceutical industries have no barriers of entry or exit. Considering a relative low cost of entrance, potential firms find it easier to construct a drug-producing firm than launching hard mechanical engineering plant. Most governments have liberalized the pharmaceutical industry so long as firms’ comply with the health standards and international drug standards put in place. In international market, McKesson struggles to overwhelm the locally established brands in their local markets. Although, McKesson boasts of economies of scales in production, many new entrants in the industry enjoy local loyalty. To surmount the ever-increasing competition, McKesson reacts by staging price wars because it enjoys economies of scale. The other alternative that has favored McKesson is its established brand name thanks to its rich historical background and its ability to develop proprietary competitive advantage (Henry, 2008, p.70). The power of Buyers Gillespie (2007, p.11) points out that consumers’ bargaining power is a pivotal tool that acts against the objective of the firm to maximize profits. Consumer bargaining powers’ reduces prices and consequently the profit margins of every firm; existence of large-scale buyers dictates prices because firms rely heaving on their purchases. However, McKesson pools various categories of customers, large-scale buyers and small-scale consumers. Inability of McKesson to lock-in its customers has adversely affected the firm’s profit margins as customers switch to new drug suppliers. However, the firm’s knowledge Information officers are devising mechanisms to retain customer loyalty by trying to lock-in their customers. The other way that McKesson is winning customer trust is through investing in research, which has resulted to generation of superior products and better customer relationship. Ireland et al (2007, p.96) suggest that proper differentiation can solve the challenge presented because it makes customers less sensitive to prices and promotes their loyalty. The Power of Suppliers Just like the corporations, suppliers’ aims at maximizing profits. To achieve their inherent goals, suppliers bargains for higher prices for their supplies hence reducing the firm’s profit margins. Henry (2008, p.79) portrays the ability of the supplier to switch from one buyer to the other increase their bargaining power forcing buyers to comply with their terms and conditions. Such a move reduces increases the firms’ production costs hence reducing the profits margin (Gillespie, 2007, p.11). To cope with suppliers pressure McKesson relies with a wide range of supplies thus reducing the power of suppliers. Furthermore, the company’s financial ability has made i t possible to engage in mergers both horizontally and vertically. The other stronghold of McKesson is because it has diversified its scope by opening international braches, which acts as reliable pool for cheap supplies. With all its underlying potential and watertight management system, McKesson has a promising future because it will overcome current challenges. Competition from existing Firms The greatest challenge that faces McKesson is stiff completion from established multinationals firms such as Owens Minor Inc New, Cardinal Health Inc, AmerisourceBergen Corp and other foreign firms such as GlaxoSmithscline Inc (International Directory of Company Histories, 1988). The state of competition is heightened by their financial abilities and in-depth research that they practice. The other area of rivalry is their ability to adopt the latest state-of-the art for their production and management systems. Mergers and acquisition is also another area of interest to the existing multinati onals firms, each firm cherish in diversification in order to diminish risk. On top of this, McKesson is concentrating in development of superior quality and designing a reliable customer service link to enhance brand royalty. Substitute threat Pharmaceutical industry faces a great deal of challenge from the substitute products. Many people prefer using food supplements at the expense of medicines because of their associated side effects. In developing countries, people prefer using traditional medicines, which comprises of herbs and roots or other locally produced drugs. High prices of pharmaceutical products discourages many little income earners this compels them to seek for alternative medication services (Floyd, 1997, p.97). However, pharmaceutical sectors have few substitutes therefore this is good news for the McKesson Corporation. Besides there being few the few substitutes, this is no reason to undermine their impact on shaping the economy; hence, McKesson needs to ensure t hat it produces some low priced drugs to target the poor and the middle class consumers. Generic Strategies The three generic strategies that McKesson can employ to its advantage are segmentation strategy, differentiation strategy and cost leadership. Wright et al (1990, p.21) suggest that combination of more than one of these strategies is more successful. Nonetheless, they admit that it is more cumbersome to integrate them. Market segmentation According each firm in an attractive industry often is faced with stiff completion and as a result, there is need to carry out a market research, which is aimed at obtaining requirements of the market. Market segmentation helps the firm to produce consumer tailored products. Apart from meeting the consumer test and preferences the organization stand a better chance of understanding the best method of carrying out market promotion. McKesson has done market segmentation for its products; a separate distribution channel, to ensure competence, s erves each market niche. This criterion has proved to be very successful for the McKesson especially while entering into a new market. In 2008, McKesson carried out a market survey to analyze the local market condition to determine the potential and ways of satisfying consumer needs (Scott, 2009). A successful market differentiation does not only guarantee smooth entry but also help to discern the logistics most appropriate for the firm. Cost Leadership Stiff competition prevailing in international market has yielded to the price wars. Each firms struggle to assume market leadership by increasing the number of customers and developing the corporation brand name. Besides price being a traditional strategic tool, its relevance in modern business operation is still significant. However, the applicability of this strategy is increasingly becoming insignificant because of high production costs (Ireland et al, 2007, p.100). McKesson still use price leadership as part of its competitive to ol. This has been successful because the firm is able to acquire cheaper raw material by merging or absorbing the Suppliers. The other factor that has made this possible is the ability to transfer labor from one country to the other. Wage rates in England are six times that of Brazil and ten times the wage rate of India. By mobilizing labor mobility, McKesson ensure low cost leadership and overall command in the pharmaceutical industry. Product Differentiation Wright, et al (1990, p.23) stress the significance of differentiating products especially in segments which are less price-sensitive. The market characterized by distinct customer needs, which are easily satisfied if organizations produce goods that respond directly to the diversity. McKesson has weaved product differentiation as a key grand strategy that delivers its competitive edge. Differentiation is successful tool because the intellectual property rights such as patents protect it. However, some competitors come up with closely related products, which mean consumers are cheated into purchasing the counterfeit products. It is worth noting that product differentiation is an expensive venture, the high cost and time involved discourages firms from doing it. Urgent issues to be addressed Due to the stiff competition facing the McKesson Corporation, the management should be zealous to cope with it. There are many issues hindering realization of its full potential. However, McKesson is obliged to focus on the following issues: Global market has complicated the operation of the Multinational Corporations such as the McKesson. This being the case, the firm should embrace the multifaceted global challenges and their impeding circumstances. McKesson has no option but to face the challenges in global market head on. The other intriguing challenge that hinders the smooth expansion of McKesson in global market is the complex political systems presented in foreign countries. Barriers of entry have remained issue s that need careful negotiation as well as conforming to the state rules that govern firms. Moreover, it is important McKesson to strike a balance between international bureaucracy and commodity product. Not only is competition becoming stronger for all corporations, but the scope of the competition is also changing with time. Competition is shaping up every time and firms have no option other than delivering superior products that adds consumer utility. The key success factor for excelling in international markets is knowledge accumulation and operation. For McKesson to assume market leadership it should use information acquired for its advantage. Although, McKesson is doing relatively well internationally, still much is expected to be done in order to cement its place as a Pharmaceutical powerhouse. Both technology and telecommunication are rapidly restructuring the competition, and influences the conduct and decisions about the operations of the firm. With adequate information sy stem, the McKesson stands a better chance of coping with the ever-emerging challenges. Designing the Information system should be all-inclusive, covering management, product and competitive strategy. A clearly structured information system harbors a vital success principle for McKesson international. Strategic Recommendation There are issues that the management at the firm has to consider in order to guarantee a great future. Considering the fast changing environment within which it operates, I recommend that McKesson should be vigilant and relentless in carrying out research to develop not only superior quality products but also add value to consumer service. The pharmaceuticals industry is technology driven. Technology is dynamic and very important when it comes to shaping up the competition, therefore McKesson should adopt new technology and discard obsolete one. In line with its internationalization strategy, McKesson should also embrace resource mobility in order to cut down pr oduction to augment low cost leadership. Further, the international market is more dynamic. Therefore, the management should benchmark their strategy to counteract the action by its main competitors in the sector. Moreover, to deal with local players and thus contain stiff competition prevailing in the market, McKesson’s management should embark on strengthening its brand name giving the firm a global outlook. Conclusion McKesson Corporation boasts of a rich history in the pharmaceutical industry and is currently ranked 14th in the Fortune list. Regardless of its prestigious position in global market, McKesson should earnestly act in response to the challenges presented by the global scope. The dynamic nature of the technology is worth paying attention to, to avoid losing its command in the market. Additionally, given the firm serves a global market, the significance of having reliable information system to control the operation of the firm cannot be overlooked. To maintain h igh levels of success, McKesson must develop organic processes that persistently evolve with the changing realities of the competitive modern. 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