Main Subject - Business

Electronic commerce (e-commerce) is increasingly discussed and written about in today’s knowledge-based economies. Although there are currently no internationally agreed-upon definitions of e-commerce, the OECD (O

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

rganization for Economic Co-operation and Development) defines e-commerce transactions as: the sale or purchase of goods or services, whether between businesses, households, individuals, governments, and other pub

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

ic or private organisations, conducted over computer-mediated networks. The goods and services are ordered over those networks, but the payment and the ultimate delivery of the good or service may be conducted on

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

r off-line. The concept of e-commerce extends into communications, promotion, customer service, statistics, and usage patterns. However, often overlooked when examining e-commerce acceptance or failure is the soci

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

l and cultural impact of conducting conventional business transactions over the Internet.

The absence of an agreed-upon definition for e-commerce creates a challenge when comparing e-commerce modalities in differ

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

nt countries. For some people, e-commerce is limited to credit-card transactions that take place over the Internet. For others, e-commerce means using any electronic device to purchase goods or services. The entir

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

e e-commerce process is complex and requires meticulous and well-informed planning to succeed. Businesses need to look beyond issues such as what products and services to offer, how to design and maintain a portal

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

and how to handle security issues. They must closely examine less tangible, but equally important issues, such as social and cultural norms in the region; sustainable funding strategies, and the formation of stra

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

egic partnerships.

E-commerce can be divided into primarily three categories:

• Business to Consumer (B2C): where enterprises sell directly to the consumer, often cutting out (‘disintermediating’) wholesalers or

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

‘bricks and mortar’ retail outlets. B2C is the most commonly understood form of Internet business – as typified by the on-line retailers such as the bookseller and general retailer Amazon (www.amazon.com) ,whom so

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

e credit with ‘inventing’ e-commerce. The most successful B2C trading has been with standard products such as cds, books, software, downloadable music etc. Many high-profile companies, such as Amazon and Yahoo! ho

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

wever have yet to make a profit, even in the USA, where e-commerce is most advanced.

• Business to Business (B2B): where enterprises use ICT22and the Internet to enhance the whole range of business to business ac

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

ivities. This includes procurement of raw materials and supplies, liaison with contractors and sales channels, servicing customers collaborating with partners, integrated management of data and knowledge, etc. B2B

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

activities can take place across both public networks (such as the Internet) and private systems. Because companies purchase in much greater quantities than consumers, B2B is expected to be the fastest growing sec

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

or of e-commerce, accounting for 80% by 2005.

• Business-to-government (B2G): where businesses trade directly with government offices and agencies for public procurement (eg supplies for hospitals, schools and ot

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

er government contracts).

India: Direct Marketing of Artisanal Products for example Indiasocial.org uses information and communications technologies (ICTs) to create a bridge between artisanal clusters in India a

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

nd their potential markets. These previously isolated groups can now build on local knowledge and use ICTs to develop a comprehensive, cost-effective way to market their products globally. Four clusters of artisan

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

participated in this pilot project.

The report outlines the steps taken by Indiasocial.org to introduce e-commerce to these isolated communities and discusses some of the project’s successes and failures. Four p

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

lot sites have been established
▪ http://www.moradabadcluster.org
▪ http://www.saharanpurcluster.org
▪ http://www.chandericluster.org
▪ http://www.firozabadcluster.o

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

g

I hope the future of e-commerce will bring all talented artisans in remote villages to a global platform, which serves them more practically and can emerge as one of the most crucial aggressive marketing effort

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.mainsubjects.org.ua/article/1995/mainsubjects-Emerging-Trends-Handicrafts-Industry.html">Emerging Trends: Handicrafts Industry</a>

BB link (for phorums):
[url=http://www.mainsubjects.org.ua/article/1995/mainsubjects-Emerging-Trends-Handicrafts-Industry.html]Emerging Trends: Handicrafts Industry[/url]

According to the Bureau of Labor Statistics 95% of the 7.1 million U.S. employers reported at least one act of some type of workplace violence in 2006. These acts may include anything from assault, armed robbery to even homicide. With the recent bloodbath at Virginia Tech, where two professors died, and another homicide at Delphi in Michigan many managers and business owners wonder what they can do to reduce the chance of violence in their workplace.

The article emphasizes the impact of organization's image on company's success. The company's management also depends on organization's image.

Tags

Links

Main Subject - Emerging Trends: Handicrafts Industry

Related Articles: