abhishreshthaa
Abhijeet S
Pest Analysis On Abbott Laboratories : Abbott Laboratories (NYSE: ABT) is a pharmaceuticals health care company. It has 72,000 employees and operates in over 130 countries.[3] The company headquarters are in Abbott Park, North Chicago, Illinois. The company was founded by Chicago physician, Dr. Wallace Calvin Abbott in 1888. In 2008, Abbott had over $29 billion in revenue.
In 1985, the company developed the first HIV blood screening test. The company's drug portfolio includes HUMIRA, a drug for rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, moderate to severe chronic psoriasis and juvenile idiopathic arthritis; Norvir, a treatment for HIV; Depakote, an anticonvulsant drug; and Synthroid, a synthetic thyroid hormone. Abbott also has a broad range of medical devices, diagnostics and immunoassay products as well as nutritional products, including Ensure, a line of well known meal replacement shakes, and EAS, the largest producer of performance based nutritional supplements.
Abbott's in vitro diagnostics business is a world leader in immunoassays and blood screening. Abbott's broad range of medical tests and diagnostic instrument systems are used worldwide by hospitals, laboratories, blood banks, and physician offices to diagnose and monitor diseases such as HIV, hepatitis, cancer, heart failure and metabolic disorders, as well as assess other important indicators of general health. Abbott Point-of-Care manufactures diagnostic products for blood analysis to provide health care professionals critical diagnostics information accurately and immediately at the point of patient care. Abbott also provides point-of-care cardiac assays to the emergency room.
Political Analysis
* Political stability
* Risk of military invasion
* Legal framework for contract enforcement
* Intellectual property protection
* Trade regulations & tariffs
* Favored trading partners
* Anti-trust laws
* Pricing regulations
* Taxation - tax rates and incentives
* Wage legislation - minimum wage and overtime
* Work week
* Mandatory employee benefits
* Industrial safety regulations
* Product labeling requirements
Economic Analysis
* Type of economic system in countries of operation
* Government intervention in the free market
* Comparative advantages of host country
* Exchange rates & stability of host country currency
* Efficiency of financial markets
* Infrastructure quality
* Skill level of workforce
* Labor costs
* Business cycle stage (e.g. prosperity, recession, recovery)
* Economic growth rate
* Discretionary income
* Unemployment rate
* Inflation rate
* Interest rates
Social Analysis
* Demographics
* Class structure
* Education
* Culture (gender roles, etc.)
* Entrepreneurial spirit
* Attitudes (health, environmental consciousness, etc.)
* Leisure interests
Technological Analysis
* Recent technological developments
* Technology's impact on product offering
* Impact on cost structure
* Impact on value chain structure
* Rate of technological diffusion
In 1985, the company developed the first HIV blood screening test. The company's drug portfolio includes HUMIRA, a drug for rheumatoid arthritis, psoriatic arthritis, ankylosing spondylitis, Crohn's disease, moderate to severe chronic psoriasis and juvenile idiopathic arthritis; Norvir, a treatment for HIV; Depakote, an anticonvulsant drug; and Synthroid, a synthetic thyroid hormone. Abbott also has a broad range of medical devices, diagnostics and immunoassay products as well as nutritional products, including Ensure, a line of well known meal replacement shakes, and EAS, the largest producer of performance based nutritional supplements.
Abbott's in vitro diagnostics business is a world leader in immunoassays and blood screening. Abbott's broad range of medical tests and diagnostic instrument systems are used worldwide by hospitals, laboratories, blood banks, and physician offices to diagnose and monitor diseases such as HIV, hepatitis, cancer, heart failure and metabolic disorders, as well as assess other important indicators of general health. Abbott Point-of-Care manufactures diagnostic products for blood analysis to provide health care professionals critical diagnostics information accurately and immediately at the point of patient care. Abbott also provides point-of-care cardiac assays to the emergency room.
Political Analysis
* Political stability
* Risk of military invasion
* Legal framework for contract enforcement
* Intellectual property protection
* Trade regulations & tariffs
* Favored trading partners
* Anti-trust laws
* Pricing regulations
* Taxation - tax rates and incentives
* Wage legislation - minimum wage and overtime
* Work week
* Mandatory employee benefits
* Industrial safety regulations
* Product labeling requirements
Economic Analysis
* Type of economic system in countries of operation
* Government intervention in the free market
* Comparative advantages of host country
* Exchange rates & stability of host country currency
* Efficiency of financial markets
* Infrastructure quality
* Skill level of workforce
* Labor costs
* Business cycle stage (e.g. prosperity, recession, recovery)
* Economic growth rate
* Discretionary income
* Unemployment rate
* Inflation rate
* Interest rates
Social Analysis
* Demographics
* Class structure
* Education
* Culture (gender roles, etc.)
* Entrepreneurial spirit
* Attitudes (health, environmental consciousness, etc.)
* Leisure interests
Technological Analysis
* Recent technological developments
* Technology's impact on product offering
* Impact on cost structure
* Impact on value chain structure
* Rate of technological diffusion
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