Concept explainers
Case summary: In the year 2015, Company TP wound up amidst a disputable issue when it acquired a current medication Drug DP from another pharmaceutical organization. Drug DP has been around for a long time and is utilized to treat hazardous parasitic contaminations in AIDS and malignant growth patients. In the wake of gaining Drug DP, Company TP’s CEO Person MS immediately raised its cost from the past $13.50 per pill to an astounding $750 per pill.
To discuss: The pricing issue of Drug DP and the reason on whether it is wrong to charge high price.
Characters in the case: Country U, Company TP, Person MS and Drug DP.
Consumer products likewise alluded to as the completed goods that are purchased by people or family units for individual use. As such, consumer products are products that are purchased for utilization by the average shopper.
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EBK PRINCIPLES OF MARKETING
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