BUSINESS ENVIRONMENT

Business Environment: Boots the Chemist



Business Environment: Boots the Chemist

Company Introduction

Boots Group Plc is one of the major pharmaceutical chains in UK and has a number of outlets all over the country. While their initial focus was on pharmacy, the company has recently expanded to include opticians, photo-processing, and home appliances in some of its stores. The main subsidiary of the company is Boots The Chemists Limited. The company adopted the name Alliance Boots in 2006 after it merged with Alliance UniChem Plc. Boots Group Plc makes available a wide array of wholesale distribution as well as related services for both the healthcare as well as the pharmaceutical industry (Alliance Boots, 2011). Boots Group Plc aims to be the world leader in the health and beauty retailing business. It focuses on manufacturing and selling products that would help people to look as well as feel the best.

Task 1: Mission

The Alliance Boots continues to perform strongly, delivering a double digit growth in trading profit combined with a robust cash flow. This performance is particularly good, considering the difficult economic conditions, the company faced during the year. The success continues to reflect the strength of the two major markets where the company operates and the business benefits generated by investments, and the development and transformation of the group. In 2009/10, the group again reported strong revenue growth, EBITDA and business benefits, while the benefits of historically low interest rates.

The company continues to invest in the development of pharmacy-led health and beauty of wholesale customers and expand pharmaceutical activities, aiming to boost future growth. In health and Beauty Company profit growth delivered well despite a difficult retail market and regulatory pressures influence the management of profitability, especially in the United Kingdom. Company attributes this success the passion and dedication of the people. This allows us to provide excellent customer service, extensive business transformation program to run, to carry out major investments to maintain and develop and launch new products. In the pharmaceutical wholesale division, while market conditions remain difficult, the company's double-digit profit growth in trade, which was superb. This was achieved through a combination of organic growth; the first benefits of the business improvement program announced a year ago, and the full year effect of acquisitions last year. Alliance Healthcare is at the heart of the business model to suit the needs of governments, manufacturers of pharmaceuticals and pharmaceutical clients. Separation of business improvement program in its final stages, all the advantages that largely considered in 2010/11.

The current economic situation is such that it is still difficult and expensive to use wholesale market conditions. Company as focused as ever in meeting financial goals, concentrating the energy of the most aggressive to continue to grow and transform their businesses into more efficient and more responsive to changing customer needs. At the same time, the company continues to seek new opportunities to increase the value of enterprise search operations. Although the company plans to consumer demand remains low in Europe, ...