Two Firms with Similar Problems

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Category: Business and Industry

Date Submitted: 04/19/2016 07:21 AM

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ABSTRACT

In this paper, I will use the two firms. The companies I will discuss are Wal-Mart and Novartis Pharmaceuticals Corporation, facing similar issues in different countries. Then, I will discuss their political, social, legal and ethical differences and their impacts on management decisions which will lead to conclusions, and recommendations that will also be provided.

INTRODUCTION

Identify two firms with similar problems but from different countries. Novartis Pharmaceuticals Corporation is a Swiss based company that was created with the merger of two firms Ciba- Geigy and Sandoz pharmaceuticals. It is the world’s leader in the research and development of products that protect and improve health and the well-being of others. It deals mainly in pharmaceuticals, animal health, vaccines, eye care and consumer health.

Wal-Mart is an America based organization. It runs the chain of one of the largest discount department stores. It was incorporated in 1962. It is the largest private organization in the world.

ANALYSIS

Conduct a comparative analysis of the firms. Both companies having similar issues: Both companies discriminate against employees on the basis of gender. Many Companies treat women unfairly in the cases of position, salaries, management, etc. (Friedman, 2008).

Analyze political, social, ethical, and legal differences facing both organizations and determine the impact these differences have on the decision making of management. Comparative Analysis of the firm on the basis of following factors:

Political Differences: Wal-Mart is a United States based organization. It has a federal government; therefore, they cannot make laws on any matter. For this reason, the companies laws can be liberal, while Novartis Pharmaceutical is an organization based in the UK .The UK has a responsible government and they can make rules on any matter so the...