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Strategic Management and Sustainability

   

Added on  2022-12-07

12 Pages3011 Words3 Views
Leadership ManagementProfessional Development
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Strategic Management
and Sustainability
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Strategic Management and Sustainability_1

Contents
Strategic Management and Sustainability.......................................................................................1
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
Evidence of with evidence global Pharmaceutical industry with relevant framework to analyse
industry and sector.......................................................................................................................3
Evidence of competitive environment of AstraZeneca...............................................................6
CONCLUSION..............................................................................................................................10
REFERENCE................................................................................................................................11
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INTRODUCTION
Strategic management is the ongoing process that is helpful in planning, monitoring and
assessing the necessities of the company mate to meet their goals and objectives. change in the
environment affect the businesses and it requires organisations to continuously assess the
strategies for their future success.
This report will cover study of AstraZeneca Which is the British and Swedish multinational
pharmaceutical company. the portfolio of their product can include the medicine’s for the major
diseases in areas of oncology, infection, gastrointestinal etc.
This report will evaluate the global pharmaceutical industry and UK industry by using the
framework analyses on industry and sector both. it will also evaluate the evidence of competitive
environment of the AstraZeneca.
MAIN BODY
Evidence of with evidence global Pharmaceutical industry with relevant framework to analyse
industry and sector.
The UK pharmaceutical sector has huge Contribution In the growth of UK economy and
companies who are producing the drugs and medicines that are People all over the world to
overcome from there . issue from the diseases. you can industry successful in developing drugs
that are helpful in fighting the various disease (Bernal‐Conesa, de Nieves Nieto and Briones‐
Peñalver., 2017). According to the official data from the National Statistics it has been found that
610 enterprises operated in United Kingdom which means that around 610 companies are
producing drugs to defeat the diseases. it also has huge contribution in employment where they
are providing 63,000 job opportunities to the people and UK’S pharmaceutical industry come
under the 2nd out of 15 and one of them is because of AstraZeneca. This company has huge
contribution in developing this nation.
PESTLE analysis
Political
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Political factor has huge impact on the pharmaceutical industry the costs without having the
permission from the government by the pharma company. company can not start or produce the
drugs. They have to take permission from the UK government and they should also registered as
a pharmaceutical company.
Economical factor
Economical factor has huge impact on the top companies in this industry like AstraZeneca To
develop a COVID vaccine to fight from the economical disaster coronavirus. AstraZeneca
Company has put their all efforts to develop a drugs to fight against the disease and they also
have successfully developed base three vaccine with the proper trial. Developing effective
coronavirus vaccine can help the people do overcome from this disease and they will able to
fight with the today’s biggest issue (Alshehhi, Nobanee and Khare, 2018).
Social factor
Social vectors like The current population features people of all generation in United Kingdom
with a large number. it means that the higher number of people are sick and the country. it
created pressure on the Pharmaceutical industry to create more effectively a vaccines so they can
provide help to the old age people to fight against diseases. Since the research and development
Department at an all time high it provided the huge growth in technology and many new drugs
are being introduced by the pharmaceutical companies in United Kingdom. it is resulting of this
purchasing this drugs and providing the further row to the industry.
Technology
Biotechnology Allow the recording of plants and animals are expected to helping causes of
humanitarian. They have large part in playing the certain of drug and creating the current growth
in this industry an it is helpful to produce many medic scenes and also developing new methods
to make a cheaper alternatives. there are very high expectation from the biotech industry to grow
even further and continuously fuel the growth of Pharmaceutical industry of the United
Kingdom. Technology used within the UK Pharmaceutical industry is advanced that is helping
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