Science and the Community :: Business Management Studies

Science and the CommunityHow GSK affects the community in which it is situated.Gsk may affect the local community which it is situated in manydifferent ship canal as most of their employees are not from local communityso the company hardly demand an impact on the community.How many people do GSK employed and the skills they used ?Gsk employed about 110,000 employees worldwide with quarter of theamount doing research and development. In Stevenage there is about2400 staff of which 70% are research lab scientist. There are manydifferent skills used by their employees as they used science in everyaspect of research and development. They uses science technicians fordiscovering novel drugs which is a high tech process therefore they userobotics extensively as they are more efficient and effective thanusing human technicians.most of there scientist interface there experiment with IT systems forrunning them, monitoring them and collecting and analysing results.Basic economic speak toGsk need money for basic economic cost as they currently spend over 6million per day doing research worldwide. They also used up a lot ofmoney ontogenesis medicine as at least 50 million and it takes up10-12 years. However they do benefit from this as they get in profitfor the shareholders and launch some money back into research.The company also have to spend money on environment health and safety.They have Capital investment projects complicate projects related todesigning, sitting and installing systems related to wastewater discourse. In 2003, there was a sharp decrease in capital investmentto conclusion of a major wastewater treatment plant expansion andupgrade project at one of their large primary manufacturing sites.Their Capital investment of their Environment wellness and Safetyprojects was totalled 10.5 million in 2003 a decrease of 43% from18.3 million in 2002. One of their primary manufacturing sitescompleted a large-scale wastewater treatment upgrade in 2002. Thisrational isation effort and general cost control measures contributedto the decrease in capital investment.Transport costGsk supply coaches for Stevenage station for their workers who have tocommute which have cost them a lot of the years because most of theirworks does not live locally and most of their staff travel by trainbecause of the congestion that could be on the A1 at times so these bpeople will benefit from the free coach.Gsk also have to constitute their employee and so they give out as they takein.The benefit of the science usedGsk is a world leading research-based pharmaceutical company with a goodly combination of skills and resources that provides a platformfor delivering strong growth in todays rapidly changing healthcare