Monday, May 18, 2020
Pfizers Profile in Operations and Market Share Free Essay Example, 1500 words
According to the research findings, it can, therefore, be said that in terms of the Pfizer company s size, assets and revenues of the company for the recent operating period illustrates the stature it possesses in the global market. Total assets in 2011 stood at US$188 billion, which is a reflection of a significant drop, from US$195 billion recorded in 2010. Alternatively, the company s financial assets dropped from US$35 billion, from the previous records of US$38.6 billion. Despite the recorded drop in asset base, realized acquisition and disposals still present Pfizer as a global leader in the industry. Revenues in 2011 for biopharmaceutical products amounted to 1 percent growth from the previous year to stand at US$67.4, amid changes in operations from internal and external events that brought a slight reduction from the previous figures posted. The net income generated from the operations of the company in its global portfolio amounted to US$10 billion for the year 2012, a re flection of about 14.8 percent growth. Domestic market performance in revenue generation reduced by 9 percent in 2011, while the overseas operations posted an increase of about 6 percent, owing to financial factors such as the foreign exchange rates. We will write a custom essay sample on Pfizers Profile in Operations and Market Share or any topic specifically for you Only $17.96 $11.86/page The origin and backgrounds of directors make the leadership at Pfizer a complicated professional and experienced pool of directors, a few included in Table 1.
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