Question

sketch an argument about what corporations could and should become (and/or be replaced by) in the 21st century. To do so draw at least one news article about a specific publicly traded corporation (include citation information or a link to this article in your post).

Answer 1

With changing business environment and times, it is important for corporations to adapt changes to ensure their success in the 21st century. In order to survive tremendous competition and stay at a top position corporations keep coming up with innovative ideas, keep expanding and marking their presence globally. Investment in technology and other new streams will ensure that corporations become more powerful and influential as we approach 21st century. Looking at the present scenario it can be said that investment in healthcare sector will prove to be very profitable in future. Early adaptability is believed to be the new competitive advantage for business organizations by many researchers. In order to expand globally many organizations use strategies like acquisition.

In order to support my argument I will use the example of Procter & Gamble. Procter & Gamble is a publicly traded company that has recently acquired Merck Ltd. and renamed it as Procter & Gamble Health Ltd. This publicly traded company has identified the scope for tremendous success in consumer health business. In order to ensure their success in this sector P&G has acquired a pharmaceutical giant Merck in 2018 in Germany and India. This helped P&G to expand their healthcare business globally.

In order to support my argument I have used Economic Times article about Proctor and Gamble acquiring Merck.