Journal Entry
A small Canadian firm that has developed some valuable new medical products using its unique biotechnology know-how is trying to decide how best to serve the European Union. Its choices are given below. The cost of investment in manufacturing facilities will be a major one for the Canadian firm, but it is not outside its reach. If these are the firm’s only options, which one would you advise it to choose? Why?
write at least a one page journal entry that reflects your understanding of this topic.
Grading:
This assignment is worth up to 10 points towards your final grade, distributed as follows:
| Grading Criteria: | Points: |
| Timely submission by the end of the unit. | 2 points |
| Journal entry fully answers the selected question specific to that assignment and displays a thorough understanding of the underlying concepts with references to required readings. | 5 points |
| Journal entry integrates any relevant outside resource, or research, to support important points. Correct citations are included. | 2 points |
| Evidence of proofing with no spelling punctuation and grammar mistakes |
Solution Preview
A small Canadian firm that has developed some valuable new medical products using its unique biotechnology know-how is trying to decide how best to serve the European Union. Its choices are given below. The cost of investment in manufacturing facilities will be a major one for the Canadian firm, but it is not outside its reach. If these are the firm’s only options, which one would you advise it to choose? Why?
The Canadian firm has to develop a good marketing strategy for its new medical products to serve the European Union in a better way. The firm has several options in which it can implement to aid a good marketing technique for its products
(735 words)