Wednesday, November 13, 2019
Science and the Community :: Business Management Studies
Science and the Community    How GSK affects the community in which it is situated.    Gsk may affect the local community which it is situated in many  different ways as most of their employees are not from local community  so the company hardly have 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 the  amount doing research and development. In Stevenage there is about  2400 staff of which 70% are laboratory scientist. There are many  different skills used by their employees as they used science in every  aspect of research and development. They uses science technicians for  discovering new drugs which is a high tech process therefore they use  robotics extensively as they are more efficient and effective than  using human technicians.    Most of there scientist interface there experiment with IT systems for  running them, monitoring them and collecting and analysing results.    Basic economic cost    Gsk need money for basic economic cost as they currently spend over à £6  million per day doing research worldwide. They also used up a lot of  money developing medicine as at least à £50 million and it takes up  10-12 years. However they do benefit from this as they get in profit  for the shareholders and put some money back into research.    The company also have to spend money on environment health and safety.  They have Capital investment projects include projects related to  designing, sitting and installing systems related to wastewater  treatment. In 2003, there was a sharp decrease in capital investment  to conclusion of a major wastewater treatment plant expansion and  upgrade project at one of their large primary manufacturing sites.    Their Capital investment of their Environment Health and Safety  projects was totalled à £10.5 million in 2003 a decrease of 43% from  à £18.3 million in 2002. One of their primary manufacturing sites  completed a large-scale wastewater treatment upgrade in 2002. This  rationalisation effort and general cost control measures contributed  to the decrease in capital investment.    Transport cost    Gsk supply coaches for Stevenage station for their workers who have to  commute which have cost them a lot of the years because most of their  works does not live locally and most of their staff travel by train  because of the congestion that could be on the A1 at times so these b  people will benefit from the free coach.    Gsk also have to pay their employee and so they give out as they take  in.    The benefit of the science used    Gsk is a world leading research-based pharmaceutical company with a  powerful combination of skills and resources that provides a platform  for delivering strong growth in today's rapidly changing healthcare    					    
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