Inter-Global Medicare Entrepreneurship Essay Example | Topics and Well Written Essays - 2500 words

Inter-Global Medicare Entrepreneurship - Essay Example Any business venture demands critical economic analysis for its survival amidst the other numerous entrepreneurs in the same firm. In that respect, Inter-Global Medicare main goal is to provide the best prescription medication to our clients’ at the most affordable prices in the market. The sale of the drug would be at reduced prices through careful maintenance of efficiency in the operations of the firm and by aiming specific market segments especially those who pay for the prescribed medicine themselves. By focusing on this segment the firm will avoid inefficiencies and operational disruptions that are characterized by unsteady cash-flows and hence eliminate supply shortages. Inter-global Medicare plans to operate from one store that is to serve both mail order customers and those who visit the facility in person. The firm seeks to thrive through employment of friendlier and skilled staff, which in combination with our great prices is set to propel the repeat business that w ill be reliable. The firm expects that as the price of medication continues to rise, Inter-Global Medicare will be appealing more and more the clientele sense of value, affordability and convenience. The firm's advertising, mainly through the ads in magazines targeted by a relatively greater crowd, will be aiming at those who seek to save money on high price but necessary and regular expenses. Inter-global Medicare entrepreneurs will be led by Experienced PHD holder in the field of medicine and with an accumulated wealth of experience in relevant field not less than five years. The cost of the entire venture will be minimized by maintaining just a few pharmacists and filling the remaining gaps with pharmaceutical technicians. In so doing, the firm expects to reach profitability by third year and will generate substantial sales by mid of the same year. 1.1. Background Information The central issue of focus in this proposal is to establish the best remedial medication against the mena ce of obesity. This problem has been gaining momentum of the past centuries and is headed to ruin the better part of the coming generation. The increased nutritional imbalances and inadequate physical exercise has been blamed on this health matter. Nevertheless there are other unidentified factors attached to it that has not been given critical analysis so as to come up with an all round measure. It has also been noted that some of the medical measures that had been developed to curb this condition have failed woefully in different ways. Some of them like the fenfluramine and phentermine were found to have overwhelming side effects and this rendered them ineffective to combat the threat of obesity in the society (King & Nuala 67-72). Some other medical discoveries like Thyroid extract was tried but its effects on the bones, muscles and the heart were prohibitively dangerous leading to a consequential medical gap. It is out of this need by the society that Inter-Global Medicare entre preneurs has invested resources to come up with an obesity treatment that would see the menace reduce by more than half by the year 2030. 1.2.0. Population Affected Obesity is taking toll among the young generation and partially among women. This group of people is highly exposed to this condition due to their uncontrolled feeding habits, minimal or no exercise. The global statistics presents a high population of the young