Johnon and Johnson Model: Efroze Chemical Industries.

Jun 21st, 2015
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Johnson and Johnson is world renowned company due different products, especially Tylenol. Tylenol is a pain killer and a fever reducer drug but this drug faced very serious issue when suddenly many of the user of the medicine started dyeing. At that time the company had to face a very serious issue their most darling and money making medicine was in danger.

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Question #1 AnswerJohnon and Johnson Model:Johnson and Johnson is world renowned company due different products, especially Tylenol. Tylenol is a pain killer and a fever reducer drug but this drug faced very serious issue when suddenly many of the user of the medicine started dyeing. At that time the company had to face a very serious issue their most darling and money making medicine was in danger. At that time the company both of the Johnson brother came forward and showed very good example of good corporate governance, they accepted that there was an issue with there medicine formulae and thry not only order to take all the medicine from the shelves but also informed general public not use their medicine. The company spend almost 31 million dollars during that face but this all resulted in there favor many marketers said that Tylenol would not survive, it would now not seen in

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