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  • von Francis Marete
    17,95 €

    Seminar paper from the year 2012 in the subject Business economics - Offline Marketing and Online Marketing, grade: B, Stanford University, language: English, abstract: In the marketing practice, marketers largely focus on four key elements that include the product itself, the price of the product, the place, or the location where the product or service is made available for the customers and the promotional activities that are geared towards creating awareness of the product and informing the target audience about its unique attributes. In all of the four marketing elements, it is only price, which is revenue generating and it plays a crucial role in ensuring that a particular product or service sales in large volumes thereby making a company more profitable. In the determination of price, various factors come into play and they include cost of producing the product or delivering the service, the economic condition of the target market, competition level in the market, the brand name of the product/ service, and the quality of the product/ service (Baines et al. 2013). Under competition, marketers tend to consider the price of other competing product/ service whilst setting the new price and this strategy is called external reference pricing. According to Trivedi (2002), the idea behind this pricing strategy is that the price should not be too high or low to the competing products/ services. In the pharmaceutical industry, external reference pricing, is commonly applied in order for the government to tame the prices of pharmaceutical products that are protected by intellectual property rights and even enable the pharmaceutical companies to benefit from a created monopoly arising from the patented drugs. This present study seeks to investigate the flaws of external reference pricing strategy in the pharmaceutical industry from the point of view of PainCeptor Pharma in Canada, and it will seek to provide a recommendation to the Canadian government on whether to continue using this strategy or not in the pricing of pharmaceutical products. The case of PainCeptor Pharma in Canada PainCeptor Pharma is a private Canadian company that specializes in the development of drugs that focus on treating pain by acting on the outside of the central nervous system on the noiceptors. This development strategy acts as a unique and competitive advantage for the company because its drugs focus on avoiding the already known side effects of existing central acting agents. [...]

  • von Francis Marete
    15,95 €

    Seminar paper from the year 2012 in the subject Psychology - Work, Business, Organisational and Economic Psychology, grade: B, Stanford University, language: English, abstract: Sexuality, by means of which man and woman give themselves to one another through the acts which are exact and exclusive to better half, is by no means something purely biological, but concerns the closer to center point being of the human person as such. It is recognized in a truly human way only if it is an integral part of the love by which a man and a woman commit themselves totally to one another until their death. (Peplau 37) In the regards of a culture which seriously distorts or entirely misguide the true meaning of human sexuality, because it separates it from its necessary reference to the person, the Church more urgently feels how irreplaceable is her mission of presenting sexuality as a value and task of the whole person, created male and female in the image of God. (Justin 212)Sexuality affects all aspects of the human person in the unity of his body and mortal. It related affectivity, the capacity to love and to procreate and in a more general way the aptitude for forming bonds of communion with others. (Peplau 39) DIMENSION OF HUMAN SEXUALITYHuman sexuality is an important part of our personality. It requires the interrelationship of psychological, biological and sociocultural dimension. The Alberta Society for the Promotion of Sexual Health (ASPSH) shows that sexuality means many things like ¿ what feeling about us, what role we play in society and reproduction. Along with, The Sexuality Information and Education Council of the United States (SIECUS) explain human sexuality as surrounding the sexual knowledge, attitudes, value, belief and behavior of individuals. In this several dimension include the shape the human body, physiology and biochemistry of the sexual response system like ¿roles, identity, personality, thought, feeling and relationship.

  • von Francis Marete
    17,95 €

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