Question: please take your time and write it 500 words pleeeaseeeee 500 words please please please 500 words Case Study:- Glenmark is an Indian-based multinational pharmaceutical
please take your time and write it 500 words
pleeeaseeeee 500 words please please
please 500 words
Case Study:-
Glenmark is an Indian-based multinational
pharmaceutical company with approximately $30
billion in sales annually. In the 2021 Annual Report.
the Indian company indicated $5.94 billion dedicated to research and development (R&D).
Moreover, the pharmaceutical company spent
$10.19 billion in marketing and sales in 2021. R&D
and marketing expenses represent a large
portion of their total fixed costs with more than $16 billion! With this amount injected, Glenmark
creates a barrier to entry for other firms that are
considering whether to enter the pharmaceutical
market or not. It is only by going global through a large distribution network will Glenmark be able to benefit from economies of scale. By going global, Glenmark will target more customers and spread their fixed costs better. This also explains why
multinational company has such high marketing
costs.
1. Explain whether the capital expenditures by the
company is justified and be able to increase
market share in future?
2. Are there any suggestions you would like to give
to make its fixed costs better?
(Minimum 500 Words.)
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