Merck & Co., Inc.

Case Study # 116426

Business > Companies
Business > Management

Merck & Co., Inc.

A strategic examination of the Merck pharmaceutical company.

2,240 words () | 4 sources | MLA | 2009 United States

Paper Summary:

This paper discusses how Merck has an effective managerial style that is demonstrated by its impressive employee retention rate. The paper relates that the company has suffered a few losses in the recent past, but shows how it is continuing to move forward. The benefits of Merck's adoption of a mission to defeat cancer are also noted. According to the paper, through a combination of effective management, synergistic mergers and financial strategy, Merck has achieved a position of power within the pharmaceutical industry that is not likely to waver.

Outline:
Executive Summary
Introduction
Management
Finance
Conclusion

From the Paper:

"Merck & Co., Inc. is one of the largest pharmaceutical companies in the world. Considering this, the management and financial situations and maneuvers of the company are revealing, in that they provide an example towards which other companies aspire in their similar quest for success. The management of Merck is highly adept at capitalizing upon the human capital available to it, doing so efficiently and with high levels of employee contentment and satisfaction. Through effective management of human capital, the other aspects of the company are likewise facilitated, with deficiencies often being solved through mergers. Should the company feel itself to be lacking in a particular area, as opposed to going through costly and uncertain research and development, Merck takes a path both more certain and immediate."

Sample of Sources Used:

"About Merck." Merck. Retrieved on 3 December 2008, from: http://www.merck.com/about/
Herper, Matthew. "Merck's Free Radical." Forbes Global. 4.19, p. 114. Retrieved on 3 December 2008, from: <http://find.galegroup.com/itx/start.do?prodId=ITOF>.
Ramesh, Deepti. "Merck to cut more jobs; profits fall." Chemical Week. 170.34, p. 31. Retrieved on 3 December 2008, from: <http://find.galegroup.com/itx/start.do?prodId=ITOF>.
Davis, Nancy M. "Merger kept 'the best of both'." HRMagazine. 53.11, p. 54. Retrieved on 3 December 2008, from: <http://find.galegroup.com/itx/start.do?prodId=ITOF>.