Impact of exchange rate fluctuation on Square Pharmaceuticals PLC’s financial performance
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Date
2024-08Publisher
Brac UniversityAuthor
Sreaya, Iffat SobhaMetadata
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The impact of financial strategies on operational efficiency within Square Pharmaceuticals PLC is the primary subject of this analytical review, which was carried out during an internship lasting three months. As the top pharmaceutical manufacturer in Bangladesh, Square Pharmaceuticals has proven to have strong financial standing and steady growth, which are backed by wise financial management and efficient operating procedures. During the internship, the impact of major financial operations on improving the operational efficiency of the company was investigated. These operations included budget management, cost analysis, and financial forecasting. To provide a thorough analysis, the study combined primary data—obtained through first-hand experience and internal corporate records—with secondary data—sourced from industry reports and financial statements. The internship's conclusions highlight how important strategic finance planning is to enhancing operational outputs. Optimizing operational efficiency and maintaining the company's market leadership were found to be contingent upon prudent capital allocation and strict cost control techniques. To support the company's strategic goals, recommendations centered on improving data-driven decision-making procedures and further incorporating technology into financial analysis. In addition to giving me a hands-on understanding of financial management in a top pharmaceutical company, this internship gave me insightful knowledge about the dynamic relationship that exists between financial strategies and operational efficiencies—a crucial aspect of staying competitive in the pharmaceutical market.