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CTU Johnson & Johnson Business Law Discussion

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Business Law Discussion

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Business Law Discussion
Johnson & Johnson is a multinational company with headquarters in Brunswick, New
Jersey. It has been in existence for over 130 years, having been founded in 1886 by three blood
brothers Robert Wood Johnson, James Wood Johnson, and Edward Mead Johnson. There are 250
affiliate companies in the corporation, and it has a market presence globally. The company is in
the pharmaceutical, medical devices, and consumer healthcare industry, and it’s a holding
company.
The company has been forced to recall some of its products in what the Food and Drugs
Administration termed as traces of asbestos, a carcinogenic element found in its baby powder range
of products. The incident in 2019 saw the company face widespread backlash from the public,
which led to a fall in revenues (Dyer, 2019). In solving the challenge, the company resolved…

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