Understanding Management (MindTap Course List)
10th Edition
ISBN: 9781305502215
Author: Richard L. Daft, Dorothy Marcic
Publisher: Cengage Learning
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Question
Chapter 7, Problem 1GL
Summary Introduction
To determine:
The order of the following functions and the reason for this order of ranking for a business like medium-sized pharmaceutical company.
The functions that are needed to be ranked are −
- Distribution
- Manufacturing
Market research - New-product development
- Human resources
- Product promotion
- Quality assurance
- Sales
- Legal and governmental affairs
- Office of the Comptroller
Introduction:
Here, in the discussion, few functions related to a medium-sized pharmaceutical company have been listed. Now, there is a need to rank them according to the order they should be performed.
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Pestle Framework
1. Political Factors
Because of its global presence, Toyota is susceptible to a variety of international trade policies, like as tariffs and trade restrictions, which can have a considerable impact on the company's operations and profits. The United States automobile market might be disrupted, for example, by the imposition of tariffs on imports from countries such as Canada and Mexico. This would result in higher pricing for automobiles and a decrease in sales.
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Chapter 7 Solutions
Understanding Management (MindTap Course List)
Ch. 7 - Prob. 4OTJVCCh. 7 - Prob. 5OTJVCCh. 7 - Prob. 6OTJVCCh. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Prob. 4DQCh. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Describe the primary differences between...
Ch. 7 - Prob. 8DQCh. 7 - Prob. 9DQCh. 7 - Prob. 10DQCh. 7 - Prob. 1SLCh. 7 - Prob. 2SLCh. 7 - Prob. 3SLCh. 7 - Prob. 4SLCh. 7 - Prob. 5SLCh. 7 - Prob. 6SLCh. 7 - Prob. 7SLCh. 7 - Prob. 8SLCh. 7 - Prob. 9SLCh. 7 - Prob. 10SLCh. 7 - Prob. 11SLCh. 7 - Prob. 12SLCh. 7 - Prob. 13SLCh. 7 - Prob. 1GLCh. 7 - Prob. 1ALCh. 7 - Prob. 2ALCh. 7 - Prob. 3ALCh. 7 - Prob. 1EDCh. 7 - Prob. 2EDCh. 7 - Prob. 3EDCh. 7 - Prob. 1CFCACh. 7 - Prob. 2CFCACh. 7 - Prob. 3CFCA
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