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Analysis of the External Environment of the Pharmaceutical Organization
Analysis of the External Environment of the Pharmaceutical Organization

Author(s): Gabriel Dumitru Mircescu
Subject(s): Social Sciences
Published by: Editura Lumen, Asociatia Lumen
Keywords: external environment; pharmaceutical organization; competitive dynamics

Summary/Abstract: By evaluating the complex interplay of political, economic, social, technological, environmental, and legal factors, this article underscores how a thorough understanding of the external landscape is imperative for effective decision-making. Leveraging insights from PESTEL analysis, Porter's Five Forces, and SWOT analysis, the study elucidates how such analysis enables organizations to anticipate challenges, identify opportunities, and align their operations with industry trends. This article emphasizes that a comprehensive assessment of the external environment is a fundamental prerequisite for pharmaceutical organizations seeking sustainable success in a dynamic marketplace.

  • Issue Year: 12/2023
  • Issue No: 1
  • Page Range: 67-76
  • Page Count: 9
  • Language: English
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