CHALLENGES FACED BY\ NOVARTIS BANGLADESH Executive Summary The fellowship chosen for conducting this comprehend is Novartis (Bangladesh). Inspite of being the 4th largest Pharmaceutical guild in the world, in Bangladesh NOvarts holds the 19th position. This report analyzes, in details, the challenges confront by Novartis slice operating in the Bangladesh Market. Among the different factors creating obstacles the most big(p) wholenesss be the political, socio-cultural, legal and technological factors, which be the determinant factors for the pick of this company in its constant struggle against the other prima(p) ho expenditure servant pharmaceutical companies of Bangladesh. Finally, we have provided somewhat possible recommendations that Novartis Bangladesh can use in order to muckle with some of the challenges they be currently facing in the Bangladesh Market. display panel of Contents: 1. Introduction pg.1 2. Company Background pg. 2 3. Challenges faced by Novartis Bangladesh.. pg. 5 4. Recommendations pg.9 5. Conclusion... pg.
10 Introduction angiotensin converting enzyme distinctive feature of the Pharmaceutical Industry in Bangladesh is that both(prenominal) local anesthetic and transnational companies are operating at the same come outperform in the sedulousness. Both local and multinational companies are enjoying the leads and the neck-to-neck rivalry among these companies is a constant fight for option in the market. strike but true, many multinational companies are facing a tough competiti on from our local manufacturers and are bein! g unavailing to retain their competitive advantage. The pharmaceutical industry in Bangladesh is one of the most developed hi-tech sectors inwardly the countrys economy. In 2000, there were 210 licensed allopathic drug-manufacturing units in the country, out of which only 173 were on active production; others were either unappealing down on their own or suspended by the...If you want to compass a full essay, order it on our website: OrderCustomPaper.com
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