Cheap Pharma And Printing The Green

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Pocketing the Greens- Alex Erlito S. Fider 1.) Immediate Issue(s) or Problem(s) The duties of the directors for Cheap Pharma as well as to GreenMed is to monitor its prosperity to ensure a smooth day to day operation of the business. Also, they act as representative of its shareholders and make it sure that they are accountable to inform/ report to its shareholders on the standing of the whole company. Furthermore, they should not be fail to promote company’s vision and mission as well as it s values from that to Cheap Pharma and GreeMed, vice versa. But Cheap Pharma is suffering low sales for the past months due to fierce competition from other generic drugs brands and due to fortuitous event, 2nd of their largest production burned and …show more content…

Innovation is very important with regards to the achieving its customer satisfaction that in their part they lossed which leads their consumer to transfer with other brands. However, they have been able to exert effort to execute their plan and make strategies in order to save their company into bankruptcy from improving their profit through its product line. Financially wise Cheap Pharma was not that ready for fortuitous events and they haven’t alloted enough fund to cover some instances that may happen to the comapny. When 2nd of their largest production get burned they are not prepared to finance all its obligations. Lastly, three of there directors make used the main goal/interest of all the directors to cover / take as a collateral of their own interest to buy their own shares of stocks to GreenMed they loss to show their values to all the directors. This won’t gonna happen if they get to talk as a whole and show values to each and everyone. In relation to that, taking the opportunity on the interest of Cheap Pharma to invest with them in order to cure their problem of being insolvent plays a wiser role/action to survive their company from being …show more content…

Considering the fact that they lack of innovations to their product line which is their way to improve their products to the market that causes low sales of Cheap Pharma and vice versa. Nevertheless, if the case that the main company which burned, it is still justified to continue to invest with them. If they can’t be able to cover all the investment plus their expenses to the reconstruction of the production with their all capital, well there are still a lot of ways to structure their investment. My opinion is BOD can still use debt plus capital. The company was not just to settle the damage of their facilities, also they can still continue with their main objective which be part of the Green Med and improve their product innovation. In result, they may also improve their