Pharmaceutical Companies
...aceuticals, diagnostics and products relating to family planning, dermatology and feminine hygiene. As in any successful company Johnson and Johnson does partly rely on profits to be able to provide their services. However, they strongly believe in constantly striving to reduce their costs in order to maintain reasonable prices. The profits that they make go into research and the community. Paul Tracy, editor of the Street Authority Market Advisor, believes that the key to profiting in a rising rate marketplace is low debt burdens and stable, reliable earnings growth (www.zacks.com/experts/featured/view_article.). Johnson & Johnson does exactly this. The company J&J is behind branded pharmaceuticals used to treat a wide variety of ailments. That list includes Alzheimer's, Crohn's disease and Schizophrenia. On the consumer staples side, few consumers can walk to their medicine cabinet without encountering Band-Aid bandages, Tylenol painkillers or Aveeno skin care lotions. All are market-leading brands in their categories, and all are manufactured by J&J. Thanks to the tremendous diversity of its product offerings, the stock should hold up extremely well in a period of rising interest rates (www.zacks.com/experts/featured/view_article). This is important to J& J because they can continue to provide quality products and services to their consumers and employees. Johnson and Johnson believe that they have a social responsibility to the environment. Their credo states, "We must maintain in good order the property we are privileged to use, protecting the environment and natural resources” (www.jnj.com ). They have established a Worldwide Environmental Policy that outlines the various ways in which they conduct their business with sensitivity to the natural resources. Their commitment to the environment is carried out through a diverse and original set of procedures and programs. These efforts, which include reduction of waste generated by their facilities as well as funding for outside conservation projects are aimed at improving the environmental landscape around the world (www.jnj.com). J&J has established a leadership role among corporations in terms of ethical behavior and respect of the environment. Johnson and Johnson employs 109,500 people in fifty seven countries around the world. They believe in respecting their employees as individuals by honoring their differences and similarities, because it is not only the fair and ethical thing to do, but also, it is good for business(www.jnj.com). Johnson and Johnson human resources department has a wide range of services available for their employees. Each employee has their own personal benefits plan that can include savings plan, pension plan, medical, dental, life, accident, disability, long term care and flexible spending account p...