Bolman Deal
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Title: Bolman Deal

Essay Details:

Subject: Social Issues
Author: Magaly E
Date: April 26, 2014
Level: University
Grade:
Length: 3 / 661

Essay text:

Because all their professional life they had been working in a communistic country, where everything was state-owned and centrally managed and nobody has an experience in management of a private pharmacy, they had to learn everything from the scratch and most changes and reorganisations after the sector privatisation, particularly in the first phase were done instinctively. They suddenly entered the unknown world of business, where the essential values are competition and the need to make a profit. The result has been very mixed. Some pharmacies survived, but a lot of them bankrupted, defeated by the competition of supermarkets and chains of highly profit oriented pharmacies...

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