A small Canadian company in pharmaceuticals has developed a new drug and is considering selling it to
Question:
A small Canadian company in pharmaceuticals has developed a new drug and is considering selling it to the European Union market. The company is considering the following options:
(a) Manufacture the product at home and let foreign agents handle marketing and sales
(b) Manufacture the product at home and set up a wholly owned subsidiary in Europe to handle marketing and sales
(c) Enter an alliance with a major European pharmaceutical firm. The product will be manufactured in Europe by the 50/50 joint venture and marketed by the European firm.
List all the information you would need to know before deciding which option is the best
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
International Business
ISBN: 9781292274157
8th Edition
Authors: Simon Collinson, Rajneesh Narula, Alan M. Rugman
Question Posted: