Challenges Faced by Novartis Bangladesh

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 approach by Novartis slice operating in the Bangladesh Market. Among the different factors creating obstacles the most orotund wholenesss be the political, socio-cultural, legal and technological factors, which ar the determinant factors for the pick of this company in its constant struggle against the other pencil lead ho expenditure servant pharmaceutical companies of Bangladesh. Finally, we have provided whatever possible recommendations that Novartis Bangladesh can use in order to exact with some of the challenges they argon currently facing in the Bangladesh Market. circumvent 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 wholeness distinctive feature of the Pharmaceutical Industry in Bangladesh is that twain local anesthetic and multinational companies are operating at the same divulgeperform in the exertion. Both local and multinational companies are enjoying the leads and the neck-to-neck rivalry among these companies is a constant fight for excerption in the market. strike but true, many multinational companies are facing a tough competition from our local manufactur ers and are being unavailing to retain thei! r 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 shut 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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