Explain the different elements of Operations Management with an example of real company from the pharmaceutical industry.

Question

Explain the different elements of Operations Management with an example of real company from the pharmaceutical industry.

Summary

The question belongs to Operations Management and it is about the different elements of operations management that can be found in a typical pharmaceutical company. Here an example of GSK has been taken. GSK is one of the world’s leading pharma companies in the world. Today, pharmaceutical industry is experiencing high competition and financial pressures and many pharma companies are trying to keep up. In order to achieve a better level of production and supply, the kind of operations does a company like GSK needs to put in have been discussed in the solution.

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