I choose to perform a SWOT analysis on Cardinal Health:Strengths: Incredibly large stream of revenue, generating over $136 billion in 2018

Marketing is spreading a brand to the world. People, such as celebrities or athletes, market themselves as the product, and spread their brand through their respective media, either on TV or with their own tangible products that spin-off from your…   Read more»

GEICO is the first company I think of when I think of consistently memorable marketing strategy. A promotional letter was sent from GEICO to my dad once during their promotions featuring a camel who loves Wednesdays, or “hump day”. My…   Read more»

LLPs are generally left for a few professionals that may all co-manage their partnership, while LLCs can be managed by a small number of owners relative to total ownership. LLCs have the option to be further taxed as either an…   Read more»

Public companies are owned by stockholders that participate in a stock exchange where anyone can pitch in, while private companies are owned by stockholders that may sell, buy, or trade stock with anyone of their choice. Private companies have more…   Read more»

In the case of many companies, their ownership decides whether they will require to make business as an S-Corp or C-Corp from where they primarily make business. A domestically based corporation with international negotiations may still apply as an S-Corp….   Read more»

@traceymrawTo go along with your research suggestion, specifically human research is vital to understand the effect of these new technologies on society. Companies in charge of IP within these new technologies must have a robust customer service department that will…   Read more»

QA is “part of quality management focused on providing confidence that quality requirements will be fulfilled”, according to ISO-9000. QA is crucial in the medical field because it helps to identify the standards of medical equipment and services. The Research…   Read more»

I have been audited by the IRB and the process is very bureaucratic. The quality system of all studies contain several forms and standards such as subject consent and HIPAA forms, but also case report forms and researcher notes, that…   Read more»

Levamisole is a medication used to treat parasitic worm infections, and more recently, colon cancer. While it is on the World Health Organization’s List of Essential Medicines, it has been discontinued in the US since 1999 for unknown reasons. One…   Read more»

Senseonics, makers of the first continuous glucose monitoring system with a fully implantable glucose sensor and compatible mobile app for adults with diabetes, recently recalled their devices approximately 1 year after FDA approval. The recall was a result of a…   Read more»

I believe some recalls are as a result of a new technology brought up too quickly to realize its unfortunate side effects. For example, take lead paint or asbestos, materials that for a long time were accepted in mainstream use…   Read more»

Any study that involves multiple partners from a distance, the laws, regulations, and practices of the partners’ corresponding agencies and governments must be enforced. The situation becomes tougher in this regard with international partnerships. However, even for domestic studies, a…   Read more»

Humans are animals, so the entire world of medicine revolves around animal testing. Pre-clinical research allows us to test our devices on animals that aren’t human. The unfortunate risks and consequences of research testing must be strictly understood and enforced…   Read more»

All research is vital for the progression of science and knowledge. Academia and industry have allowed us the ability to prioritize solutions to the biggest problems. There tends to be a larger urgency for industrial research because of the closer…   Read more»

I think the type of industry is not the deciding factor of how project management is structured. I believe whether it is a medical device company or any other industry, the professional hierarchy of the company is what determines the…   Read more»

During our planning stage my team realized part of our existing equipment was not generating reliable data. A customer service engineer was able to locate an error in the software and while 2/4 components ended up rectifying, the rest of…   Read more»

Combination devices would need to follow the sum of the rules and regulations required for each separate aspect, in addition to rules and regulations required for combination devices. This makes combination devices more resource heavy as far as time and…   Read more»

No one will truly know how they feel about academia or industry until one has experience in both. Unless you are dead set on the academic or industry lifestyle, you will have to try both and decide from there. I…   Read more»

As for the jack of all trades discussion, I agree that students who have yet to decide on a career path have a vast sea of opportunities in front of them. A master of none is simply one who has…   Read more»