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What Is Cvs Caremark Mission Statement

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Mission Statement

CVS Caremark is primarily a pharmaceutical company that strives to diversify its line of products through professional and innovative means that are focused on satisfying all the needs of its customers (Vaillancourt, Land & Michaud, n.d).
Vision Statement

CVS Caremark’s vision is to maintain the line of increasing the quality level of the lives of people now and in future (Vaillancourt, Land & Michaud, n.d).
Goals and Objectives

The company seeks to maintain its commitment in helping people live a healthier life by expanding its line of health services. In this regard, the firm works towards developing an integrated form of health services that promotes better outcomes of patient care at more reduced costs (CVS Health, …show more content…

Since its inception as a Consumer Value Stores (CVS) supplying beauty and health products in 1963 by Ralph Hoagland, and his siblings Sidney and Stanley Goldstein, the organization has been developing successfully. Today it is recognized as one of the largest pharmaceutical firms in the United States at the retail level running 6,500 drug stores. Innovation efforts of CVS have been aided by the knowledge management strategies that have been concentrated on monitoring the needs …show more content…

About 70percent of drug marketers are strongly compelled that they need much help from health experts to effectively fulfill the needs of clients coming to them and only 30percent of the existing drug marketers are health experts.

The business market for medicine and pharmacy is highly competitive and this causes even the slightest price discounts given to customers to significantly hurt the company’s business.

The pharmaceutical industry just like any other health service is highly regulated by the government and thus, CVS firm is very vulnerable to rapid changes in the legal environment (Vaillancourt, Land & Michaud, n.d; Mullis, n.d: 4-12).
The external influences that have had the greatest Impact on CVS Business

Among the above external influences, the expansion trend of Walgreens and the rapid changes in the legal system have had the greatest impact on CVS Company. The former has

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