S1_AGuide_BestPharm

S1_AGuide_BestPharm - AK/ADMS 2511 Session 1, BestPharm,...

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AK/ADMS 2511 – Session 1, BestPharm, Answer Guide (Examples answers are provided. Other valid examples are possible.) Market Pressures: Nature of business pressure that could affect BestPharm How it would have an impact on BestPharm How BestPharm might respond to the pressure Global Economy and strong competition: Labour costs for software developers or database maintenance staff are lower in other countries than in Canada. Since the company is internet-based, the same service could be provided by another company located anywhere in the world. The maintenance of the interaction database could be outsourced to another country, such as India or China, where costs are lower, so that BestPharm could save costs. Changing nature of the workforce: The workforce is diversified, including individuals with different backgrounds and capabilities. Pharmacists and pharmacies may have different levels of technology awareness: this means that if BestPharm’s products are difficult to use, that they could have
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S1_AGuide_BestPharm - AK/ADMS 2511 Session 1, BestPharm,...

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