Identify several companies that have demonstrated strategic thinking about issues that are similar to those faced by Pfizer Inc.
Provide an overview of the issues, identify a total of five different strategies utilized by those companies to address them, and discuss the outcomes.
Based on the five strategies, explain how you would adopt them in your selected organization to address the issues you identified.
In a 1,050-word to 1,400-word paper, identify several companies that have demonstrated strategic thinking about issues that are similar to those faced by Pfizer Inc.
Provide an overview of the issues, identify a total of five different strategies utilized by those companies to address them, and discuss the outcomes.
Based on the five strategies, explain how you would adopt them in your selected organization to address the issues you identified.
In accordance to BrainMass rules this is not a completion of assignment but background help.
STEP 1
Issues faced by Pfizer:
1. Regulatory and compliance pressures from regulatory authorities:
2. Pressure to reduce drug costs:
3. Threat from general drug manufacturers/ threat from competitors:
4. Counterfeiting and Piracy:
5. Falling prices of drugs in the market;
6. Demand to come up with more exotic medicines:
STEP ...
Solution Summary
This posting discusses problems similar to those faced by Pfizer Inc. . It identifies several companies that have faced such problems and it provides an overview of the issues faced by these companies.
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