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A startup company, Korwin Pharmaceuticals is a U . S . pharmaceutical products firm that is growing very rapidly at home and abroad. Integrity and
A startup company, Korwin Pharmaceuticals is a US pharmaceutical products firm that is growing very rapidly at home and abroad. Integrity and honesty regarding product quality and concern for consumer wellbeing are values of the founders of the firm. Recently, Korwin Pharmaceuticals developed several new products to service customers who cannot afford the pricier lifesaving antiallergen medications and the selfinjecting devices currently on the market. This overthecounter product can be taken by the person suffering from a lifethreatening allergic reaction and was just recently approved for the marketplace by the US Food and Drug Administration. To respond to the projected rapid growth of the firm, they are going to hire an additional employees in the next months to cope with the demand for these new lifesaving products. Because the company is hiring so many new employees, they are concerned with maintaining the founders original values of social responsibility while ensuring a quality product. They are also concerned with promoting and pricing these new products fairly, based on the company values along with their concern for affordability for the middle class in the US and other consumers and client companies abroad. As a marketing consultant to the company's president and executive management, address the items pertaining to the promotion and pricing strategy for the companys new products in line with the company founders values and social responsibility. Specify what code of conduct the company should institute to make sure that all personnel adheres to the founders values in promoting and pricing the product at home and abroad. Provide a public relations strategy to promote the new product line while considering the social responsibility involved.
A startup company, Korwin Pharmaceuticals is a US pharmaceutical products firm that is growing very rapidly at home and abroad. Integrity and honesty regarding product quality and concern for consumer wellbeing are values of the founders of the firm. Recently, Korwin Pharmaceuticals developed several new products to service customers who cannot afford the pricier lifesaving antiallergen medications and the selfinjecting devices currently on the market. This overthecounter product can be taken by the person suffering from a lifethreatening allergic reaction and was just recently approved for the marketplace by the US Food and Drug Administration. To respond to the projected rapid growth of the firm, they are going to hire an additional employees in the next months to cope with the demand for these new lifesaving products. Because the company is hiring so many new employees, they are concerned with maintaining the founders original values of social responsibility while ensuring a quality product. They are also concerned with promoting and pricing these new products fairly, based on the company values along with their concern for affordability for the middle class in the US and other consumers and client companies abroad. As a marketing consultant to the company's president and executive management, address the items pertaining to the promotion and pricing strategy for the companys new products in line with the company founders values and social responsibility. Specify what code of conduct the company should institute to make sure that all personnel adheres to the founders values in promoting and pricing the product at home and abroad. Provide a public relations strategy to promote the new product line while considering the social responsibility involved.
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