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Essay / Research Paper Abstract
A 5 page paper assessing Johnson & Johnson as an investment target. Consistently named to the top 20 of America's Most Admired companies, Johnson & Johnson scores in the top first and second places in six of eight attributes. Financial history is strong and management is sound. Johnson & Johnson appears to be an excellent investment target, both for long- and short-term investment. Bibliography lists 5 sources.
Page Count:
5 pages (~225 words per page)
File: CC6_KSstkInvJ-J07.rtf
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Unformatted sample text from the term paper:
Though Johnson & Johnson has $53.3 billion in revenues and has market capitalization of more than $191 billion, consumers buy Band-Aids(r) and heart surgeons use the companys stents with relatively
little fanfare. Typically, the greatest fanfare that Johnson & Johnson attracts each year is when Fortune magazine publishes its annual list of most admired companies, where Johnson & Johnson
consistently is in the top ten (Top 20 Most Admired Companies, 2007). The Company Based in New Brunswick, New Jersey, Johnson & Johnson
has been in operation since its founding in 1887. When William Weldon took over as CEO in 2002, he became only the sixth person to hold the office of
CEO at the company (Johnson & Johnson Names New CEO and President, 2002). The companys preferences in finding leaders are exemplified in Mr. Weldons history with the company.
He joined Johnson & Johnson in 1971 as a sales representative at McNeil Pharmaceutical; progressed to sales and product management; worked in international business development while based in the Philippines;
became an executive vice president in 1984 as well as "managing director of McNeil Limited in Korea" (Johnson & Johnson Names New CEO and President, 2002). He became the
managing director of Ortho-Cilag Pharmaceutical Limited in the United Kingdom in 1986; in 2001 he unofficially took over daily operations of Johnson & Johnson as he was being trained to
succeed Ralph Larsen upon his retirement in 2002 (Johnson & Johnson Names New CEO and President, 2002). As has been the case throughout the companys history, Weldon worked in
many capacities and for several decades before being personally trained and groomed by the outgoing CEO. With 122,200 full time employees, Johnson &
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