Johnson and Johnson is an international company dealing with medical, pharmaceutical and consumer packaged goods. It was started in 1886. The main company is located in New Brunswick, New Jersey while customer division is situated in Skillman, New Jersey. This company has 250 subsidiary firms that operate in more than 57 countries. Their products are sold to over 175 countries. As per the 2011 calendar, its sales had hit $65 .
The company major in consumer products like Band-Aid Band line of bandages Tylenol medications, baby products, Neutrogena skin and beauty products.
Other products also include Clean & Clear facial wash and Acuvue contact lenses .
Johnson and Johnson have sound management teams that have seen the company grow through more than a century of change. The company has helped many millions of people in shaping and defining health. The corporation’s management is guided by the Credo. This is a management document that was written more than 60 years ago by Robert Wood Johnson .
The credo consists of the strategic framework of the company. This policy framework incorporates their foundation, strategic principles, growth drivers and framework for enterprise management. Their organization is based on the credo that focuses on helping individuals and at large supporting a vast number of people .
The company operates in a decentralized management approach. This is all done through a unique culture that values and fosters the development of their populations. It focuses on creating value through innovations so that they can sustain themselves in the current competitive market and also a breakthrough in the future market. They have been able to deliver quality and value services to their customers through risk management .
In storage, the company has helped families and the government to store and move their goods around the globe. They specialize in glove service for residential and commercial moves, along with logistics and distribution. Their ultimate goal is making sure their customers properties is tread very carefully and professional with all details well-taken care .
The company uses discounted cash flow valuation techniques. The value of stock in JJ is estimated based on the current value of some measure of the cash flow. Free cashflows to the firm come after direct costs and before any payments to capital suppliers.
Johnson and Johnson’s company is accessible through various means. It advertises most of its products through online platforms and also it has a website. Through this digital type of services and commitment at JJ, success is guaranteed for the company.
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