Which of the Following Is NOT One of the Primary

question 74

Multiple Choice

Which of the following is NOT one of the primary reasons many pharmaceutical firms use acquisitions?

• A) To enter markets quickly
• B) To overcome the high costs of internal product development
• C) To reduce investment risk
• D) To extend patent rights on developed pharmaceuticals

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Definitions:

Face-to-face Contact

A method of communication where individuals interact directly with each other in the same physical space.

Cross-functional Teams

Groups composed of members from different departments or areas of expertise, working together towards a common goal.

Uniqueness Advantage

The competitive advantage gained by a business or product due to being unique or different in a way that is valuable to consumers.

Open Communication

Involves the unrestricted flow of information within an organization, encouraging transparency, facilitating feedback, and fostering a culture of trust among employees and management.