Posted: March 25th, 2022
Identify two Key Success Factors in Pharmaceutical Manufacturing industry in the US
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Please answer the following questions in a question-and-answer format in the order in which it is given below: 1. Identify two Key Success Factors in Pharmaceutical Manufacturing industry in the US. Explain why you think these are the Key Success Factors specifically in this industry. (That is, provide evidence for the fact that each of the key success factors 1) forms the basis for buyers choosing between different brands in the industry, or 2) is the resource/competitive capability any company must possess in order to be successful industry, or 3) is the shortcoming which is almost certain to put any company at a significant disadvantage in the industry). (3 points) 2. Identify two Industry Driving Forces that are driving change in Pharmaceutical Manufacturing industry in the US. Explain how each of these industry forces are driving change specifically in this industry. (That is, provide evidence for the fact that each of the industry driving forces 1) causes changes in market demand, or 2) makes competition more or less intense, or 3) increases or decreases the profit potential of the industry). (3 points) 3. Choose any two Pharmaceutical Manufacturing companies in the US. and state your choice. Then answer the following: a) For each of the companies, explain why you think it has or hasn’t got each of the Key Success Factors you identified in question 1. Provide evidence. (3 points) b) Identify one specific opportunity and one specific threat which arises from the Industry’s Driving Forces you identified in question 2. (1 point)
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