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Group Report
Title: Corporate Social Responsibilities of
SQUARE Pharmaceuticals ltd.
Submitted By
Submitted To
Ummul Wara Adrita
Lecturer
BRAC Business School
BRAC University
1|Page
Letter of Transmittal
01 July 2015
To
Ummul Wara Adrita
BRAC Business School
BRAC University
Mohakhali, Dhaka
Subject: Submission of Final report on Corporate Social Responsibilities of
SQUARE Pharmaceuticals ltd.
Dear Sir,
It is an immense pleasure for me to submit you internship report titled
Corporate Social Responsibilities of SQUARE Pharmaceuticals ltd. We were
assigned to collect information about CSR of SQUARE Pharmaceuticals ltd. We
have tried our level best to fulfill all our requirements of this course and tried to
follow my supervisors instructions while preparing this report. This gave us the
opportunity to theoretical knowledge in practical field, which help us in our
future career.
It would be a profound pleasure for us if the report can serve its purpose. We
would be available in any time to explain you any queries if feel necessary.
Thanking You
Sincerely Yours
Group: Sparking Stars
Sabera Shahrin Aony
14204057
14204114
14104043
Kamruzzaman Ripon
14204118
Abdullah-Al-Mahmud
14304016
2|Page
1430408
Table of Contents
1. Executive Summary:......................................................................................1
2. Introduction:...................................................................................................2
3. Objectives of the study:..................................................................................2
4. Methodology of the report:.............................................................................3
a)
Primary sources:........................................................................................... 3
b) Secondary sources:...................................................................................... 3
Strengths:..................................................................................................... 5
b) Weakness:.................................................................................................... 5
c)
Opportunities:.............................................................................................. 5
d) Threats:........................................................................................................ 6
Hiking price of raw materials:..........................................................................6
Inadequate Power supply:............................................................................... 6
ii.
Regular training......................................................................................... 8
ii.
ii.
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viii.
ii.
ii.
f)
Support to education:................................................................................. 10
i.
ii.
iii. Pick-up and drop services for the school going children of factory
employees..................................................................................................... 10
iv. Sponsoring " Dhaka Residential Model College 7th National Science
Festival 2014"................................................................................................ 10
10.
11.
What approach that Square Pharma Ltd are following and why?.............11
12.
13.
Recommendation.......................................................................................12
14.
Bibliography..............................................................................................15
15.
Appendix:..................................................................................................16
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1. Executive Summary:
2. SQUARE Pharmaceuticals Company Report provides a
complete overview of the companys affairs. All available
data is presented in a comprehensive and easily accessed
format. The report contains the companys profile and
information about the companys vision, mission
principal activities, objectives, locations and organization
structure. The report also includes Company profile,
SWOT analysis latest development analysis, social
responsibilities, and current achievements. The SWOT
analysis provides information about the companys
strengths, weaknesses, opportunities, and possible threats
against it. This report provides relevant news, an analysis
of CSR activity. The report also enables direct
comparison
to be
made
between
SQUARE
Pharmaceuticals and its competitors. The report is mainly
focusing on corporate social responsibility of the
company. The report contains how the company is
maintaining their CSR in different area, why they are
performing, what approach they are following and how.
Sharing views and recommendations regarding new
possible areas of CSR.
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3.
Introduction:
5.
6.
1.
2.
3.
4.
5.
6.
7.
9.
2|Page
10.
11.
12.
13.
14.
15.
16.
a) Primary sources:
b) Secondary sources:
23.
24.
28.
Analysis process:
31.
Company profile:
1991. The sales turnover of SPL was more than Taka 7.5
Billion (US$107.91 million) with about 16.92% market
share (April 2006 March 2007) having a growth rate of
about 23.17%.Square Pharmaceuticals Limited has
extended her range of services towards the highway of
global market. She pioneered exports of medicines from
Bangladesh in 1987 and has been exporting antibiotics
and other pharmaceutical products. This extension in
business and services has manifested the credibility of
Square Pharmaceuticals Limited. Square strive, above all,
for top quality health care products at the least cost
reaching the lowest rungs of the economic class of people
in the country. We value our social obligations. They owe
to our shareholders and strive for protection of their
capital as well as ensure highest return and growth of
their assets. They strive for best compensation to all the
employees who constitute the back-bone of the
management and operational strength of the Company
through a pay-package composing salary/wages,
allowances, bonus, profit participation, leave salary and
superannuation & retirement benefits. They strive for best
co-operation of the creditors & debtors the banks &
financial institutions who provide financial support when
we need them, the suppliers of raw materials &suppliers
who offer them at the best prices, the providers of
utilities-power, gas & water etc. and the customers who
buy our products & services by redeeming their claim in
time by making prompt payment and by distributing
proper product on due dates.
33.
SWOT analysis:
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36.
1.
2.
3.
4.
5.
38.
1.
2.
3.
4.
5.
1. Government Support
2. Banking and information technology
3. Credit line with well-known foreign bank can gear up its foreign
Exchange business.
4. Entering in new arena product helps to grow customers' confidence.
5. Opportunity to take market share away from rivals by Offering new
innovative product or services.
6. Opportunity to enter into the global market.
40.
f) Threats:
41.
42.Hiking price of raw materials: More and more factories,
especially small ones, are facing closure due to price hike
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1.
2.
3.
4.
43.
44.Inadequate Power supply: The industry sources also
blamed lack of adequate power supply for making the
industry more vulnerable.
45.We have to face the same problem here and for this many
industries are shutting down now days.
46.
Mergers and Acquisition
Frequent Currency Devaluation
Competitors are much in pharmaceutical industries
Competitors are offering innovative new product and services regularly.
Matching them is really hard.
47.
48.
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61.
h) Commitment towards Employee:
63.
i) Commitment towards society & support to social grounds:
64.
i
xiv.
Donation to hospitals, medical colleges, local community &
underprivileged people.
70.
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71.
j) Responsibility towards government:
i
xvi.
Partner in the research study for preventing "Post Partum
Hemorrhage (PPH)", primary reason for maternal death in
Bangladesh with ICDDR,B and Obstetrical & Gynecological Society
of Bangladesh (OGSB)
l) Support to education:
i
xvii.
xviii.
Pick-up and drop services for the school going children of
factory employees
xix.
Sponsoring "SQUARE-Dhaka Residential Model College 7th
National Science Festival 2014"
75.
76.
80.
83.
87.
Recommendation
changes
for
better
Reduction of workload
Reduce paperwork
Salary review
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103. Bibliography
104.
105. Mrs. Nasrin Akter. (2015). Annual Report 2014. Dhaka: SQUARE
Pharmaceuticals ltd.
106. Public Relation. (2015, July 01). About us. (SQUARE Pharmaceuticals
ltd) Retrieved june 30, 2015, from SQUARE Pharmaceuticals ltd:
http://www.squarepharma.com.bd/about-us.php
107. Reporter, S. (2014, December 7). Square pharma. Retrieved june 30,
2015,
from
rapidprnews:
http://rapidprnews.com/details.php?
id=26818&page=1
108.
109.
110.
111.
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112. Appendix:
A. SQUARE Pharmaceutical ltd, is leading the market what is the mantra of
your success according to you.
B. What is the biggest strength of you organization?
C. What is the sector do you think the organization should work on to tackle
future challenges.
D. Do you think Pharmaceuticals market of Bangladesh is challenging or bid
fair?
E. We can see how well your company is performing in business and n
Corporate Social Responsibilities as well, whats according to you is the
thought process regarding CSR in your management.
F. In which sectors SQUARE pharma mainly focuses for CSR?
G. We can see SQUARE Pharmaceuticals does CSR proactively, would you
please tell us why, we mean to say how you as a company s benefited?
H. How the organization ensure ethical and friendly workplace for
employees?
I. How SQUARE Pharma is bringing in changes in Environment, Education
and women empowerment?
J. What SQUARE is doing for consumers interest and for the country?
K. If you find a new problem coming in front of you which can be eradicated
but there is no link between pharmaceutical businesses with it, will you
go forward to?
113.
114.
115.
116.
117.
118.
119.
120.
121.
122. Thank You
123.
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