Question

Why the new project meets the strategic plan and why Biotech is well positioned for the...

Why the new project meets the strategic plan and why Biotech is well positioned for the future in the nutraceuticals and supplements market.

Homework Answers

Answer #1

The new project is based on the research of the customer demographics and it exactly knows the concern of the baby boomers. So they have come up with strategic plan that focus on the remedy for the concern of the baby boomers. Thus, the new project meets the strategic plan.

Biotech had come up with nutraceuticals and supplements targeted for the concerns of baby boomers as blood pressure, Alzheimer's/dementia and type 2 diabetes. The products mainly focus on this age group in the market. They have strategically researched and planned how to introduce their products in the market and how to make them appealing to the targeted customers. These strategies has made Biotech's position better in the future.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
did the ehr seem to be well aligned with sunhealth's overall strategic plan? explain your rationale
did the ehr seem to be well aligned with sunhealth's overall strategic plan? explain your rationale
How can you align your action plan for change project with the strategic plan? This may...
How can you align your action plan for change project with the strategic plan? This may help you identify any challenging elements or give you the foresight to potential problems or issues. Do you have a different method for insuring you are able to work through any obstacles in your change process?
The strategic plan addresses the what and why of activities, but implementation addresses the who, where,...
The strategic plan addresses the what and why of activities, but implementation addresses the who, where, when, and how. Do you agree? If so please explain.
Xylitor is a relatively new biotech firm, with an exciting new product that is anticipated to...
Xylitor is a relatively new biotech firm, with an exciting new product that is anticipated to come to market in approximately 2 years (following regulatory approval of the product, which is Xylitor's first). A share of Xylitor is trading at $25. Xylitor has not paid a dividend yet, but anticipates initiating a dividend in 3 years (again, after approval of the product). The required return on Xylitor is 12% per year. Assuming the project/company is considered to be a perpetuity,...
Review the steps of project management and create a plan that addresses each step as well...
Review the steps of project management and create a plan that addresses each step as well as the team members, roles, and responsibilities
Management of a corporation is considering buying the following equipment as part of the strategic plan...
Management of a corporation is considering buying the following equipment as part of the strategic plan to increase market share. Equipment: Model HX1256 Price: $225,000 Salvage Value: 0 Installation Costs: $75,000 Depreciation: Straight Line method (Cost-Salvage Value/Number of Years) The machine should bring $100,000 in new sales revenues for its first year of operation. After that, sales are expected to grow at a rate of 10% a year for the next 5 years. Total Costs and expenses (not including depreciation)...
Identify a particular industry (non-government) that meets the criteria for a Monopoly. Explain clearly why you...
Identify a particular industry (non-government) that meets the criteria for a Monopoly. Explain clearly why you think the industry is a Monopoly and evaluate it from perspectives of efficiency and equity as well as identify the market characteristics, productive efficiency, allocative efficiency, and equity in the particular industry that you selected.
Why does a new invention frequently require a new business model as well as an innovative...
Why does a new invention frequently require a new business model as well as an innovative product?
What are two reasons project management is not well done in corporations? Why? What are some...
What are two reasons project management is not well done in corporations? Why? What are some specific examples?
Explain four (4) reasons why a well-funded project might fail. (8 Marks)
Explain four (4) reasons why a well-funded project might fail.