Strategy; Cost-Cutting in the Pharmaceutical Industry; Ethics The pharmaceutical manufacturer Valeant had a business model of cost-cutting, minimizing expenditures on research and delayingclinical trials. The model succeeded, as Valeant became one of the largest pharmaceutical companiesin the world, with a market capitalization of $41 billion in 2014.Required What type of competitive strategy did Valeant employ? Is this strategy sustainable and ethicalfor a pharmaceutical company?
Strategy; Cost-Cutting in the Pharmaceutical Industry; Ethics The pharmaceutical manufacturer Valeant had a business model of cost-cutting, minimizing expenditures on research and delayingclinical trials. The model succeeded, as Valeant became one of the largest pharmaceutical companiesin the world, with a market capitalization of $41 billion in 2014.Required What type of competitive strategy did Valeant employ? Is this strategy sustainable and ethicalfor a pharmaceutical company?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Strategy; Cost-Cutting in the Pharmaceutical Industry; Ethics The pharmaceutical manufacturer Valeant had a business model of cost-cutting, minimizing expenditures on research and delaying
clinical trials. The model succeeded, as Valeant became one of the largest pharmaceutical companies
in the world, with a market capitalization of $41 billion in 2014.
Required What type of competitive strategy did Valeant employ? Is this strategy sustainable and ethical
for a pharmaceutical company?
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