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Biopharmaceutical companies are under constant pressure to deliver double-digit growth. In traditional markets such as the U.S., Japan, and the European Union growth is stagnant, and profit margins are falling due to increased price pressure from governments. As a result companies are looking to...
Persistent link: https://www.econbiz.de/10009432327
Due to the general macroeconomic downturn, many companies have turned to offshoring - sending a function overseas - to reduce production costs. While some companies elect to outsource overseas production to outside companies, many companies choose to keep production in-house and therefore create...
Persistent link: https://www.econbiz.de/10009433110
There are various reasons why companies manufacture their goods in different areas of the world. These reasons include: lower labor costs, emerging markets, tax and tariff considerations, and intellectual property issues. With the constant pressure to decrease costs, outsourcing is becoming more...
Persistent link: https://www.econbiz.de/10009433255