IDEAS home Printed from https://ideas.repec.org/a/eur/ejmnjr/75.html
   My bibliography  Save this article

The Pareto Method - A Beneficial Management Method for Increasing Profitability in the Drugs Market

Author

Listed:
  • Cadar Emin

    (“Ovidius” University of Constanta, Faculty of Pharmacy, Constanta, Romania)

  • Sirbu Rodica
  • Ana Maria Ionescu
  • Chirila Sergiu
  • Cezar Laurentiu Tomescu

Abstract

The management methods represent the multitude of means and procedures with the help of which the management influences the approach to the elements of the driven system in order to obtain the established objectives. Contemporary organizations management can no longer be achieved without the use of scientific methods that allow the appreciation and efficient use of objective economic laws, the efficient and rational use of resources, the stimulation and use of creativity of employees and managers and the correct appreciation of results. Pareto analysis is a modern management method, very valuable to increase the profitability of companies and increase the efficiency of an organization. This paper aims to select the best ranked pharmaceuticals using Pareto analysis. The paper studies the values from 10 different community pharmacies in the city of Constanta, over a period of 12 months. In respect to the localization criteria, the pharmacies were selected from all regions of the city, from the center to the more external neighbourhoods. We highlighted the importance of the Pareto method in the selection of the most valuable preparations in the community pharmacies in Constanta. The obtained results indicate that the Pareto analysis is an important tool that can be used with great effect by the pharmacy manager.

Suggested Citation

  • Cadar Emin & Sirbu Rodica & Ana Maria Ionescu & Chirila Sergiu & Cezar Laurentiu Tomescu, 2023. "The Pareto Method - A Beneficial Management Method for Increasing Profitability in the Drugs Market," European Journal of Medicine and Natural Scinces Articles, Revistia Research and Publishing, vol. 6, January -.
    • Handle: RePEc:eur:ejmnjr:75
    as

    Download full text from publisher

    File URL: https://revistia.com/index.php/ejmn/article/view/6920
    Download Restriction: no
    File URL: https://revistia.com/files/articles/ejmn_v6_i1_23/Emin.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Hossain, M.S. & Iqbal, A., 2014. "Production and characterization of chitosan from shrimp waste," Journal of the Bangladesh Agricultural University, Bangladesh Agricultural University Research System (BAURES), vol. 12.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Kariana Andrea Moreno-Sader & Jairo David Martínez-Consuegra & Ángel Darío González-Delgado, 2020. "Assessing the Exergetic and Inherent Safety Performance of a Shrimp-Based Biorefinery via Computer-Aided Tools," Energies, MDPI, vol. 13(24), pages 1-15, December.
    2. repec:eur:ejnmjr:13 is not listed on IDEAS

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eur:ejmnjr:75. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Revistia Research and Publishing (email available below). General contact details of provider: https://revistia.com/index.php/ejmn .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.