Professional Documents
Culture Documents
Leadership Development Final Exam: Avina Munawar 1718185 BABS 6-C
Leadership Development Final Exam: Avina Munawar 1718185 BABS 6-C
FINAL EXAM
Avina Munawar 1718185 BABS 6-C
Question 2
The Overall Company Situation- Abbot
Pharmaceutical
■ Overall sales for the first quarter of 2020 increased by 12% over the same period last year.
■ Pharmaceutical sales increased by 10% and Nutritional sales increased by 20%.
■ Gross margin of the company improved to 36% verses 30%during the same period last year.
■ Gross margin for the pharmaceutical company to 34% from 33%, whereas the gross margin for
nutritional sales increased to 40% from 19% over the same period last year.
■ Selling and distribution expenses decreased by 9% mainly due to lower expenditure on traveling
and sales promotion.
■ Net profit margin for 2020 was 11% as compared to 5% last year.
■ Profit for the period of 2020 was Rs.862,715,000 as compared to Rs.327,669,000 in 2019.
■ EPS has increased to 8.81% in 2020 from 3.35% in 2019.
Future Planning.
Short-term measures
■ Do testing of all employees and their families in order to create a covid free zone like that of Getz
Pharma. In our organization, an isolation room will be made available to be able to react to
situations where there are symptoms of COVID-19.And place all SOPs related to Covid, so that the
facility does not face any closing down.
■ Open up a new department that will operate as a shopping service, where patients call to ask for
items and then collect them, limiting patient interaction and time spent on the premises.
■ Support frontline healthcare workers and advertise it so people can remember who worked for
their better when the pandemic is over. Send government regulations and safety regulations
against covid on posters with our logo and place them in shops, supermarkets etc.
■ Promote bundled products.
■ Increase the use of virtual meeting and virtual events to promote products and provide information.
Long-term measures