An internet based company research project for my Business management Essay

An internet based company research project for my Business management class - Essay Example The conclusion section summarizes the main ideas presented in the paper, and makes inferences where appropriate. Highlights of the paper include: a background of the company; its nature, mission and products, a description of the current financial standing; earnings or losses of the company, an overview of the problems and issues the company was subjected to, an investigation of the companys current and future business strategies, a summary and conclusions. Johnson & Johnson was established in 1886 in the New Jersey State. The company is very committed to innovative healthcare products (Johnson & Johnson, 2009). This has greatly contributed to the company’s consistent financial performance. Johnson & Johnson has enjoyed dividend increases for 47 consecutive years, adjusted earning increases for 25 consecutive years and sales increases for 76 consecutive years. Johnson & Johnson employs about 119,000 across the world and is involved in manufacturing and selling of healthcare products in a number of countries across the world. The company’s main interest, both currently and historically, is in products that are related to well-being and health (Johnson & Johnson, 2009). Johnson & Johnson strongly believes decentralized management principles, which it practices. The company’s executive committee is its principal management group, which ensures effective and efficient operations of the company. Furthermore, a number of members of the Executive Committee are also Group Operating Committee chairpersons. This committee comprises of management experts in a number of specialized functions and managers representing main operations within this group. The Committees are charged with the responsibility of overseeing and coordinating both international and domestic activities related to every Professional, Pharmaceutical and Consumer segments of