Q2: Kanke Pharma, a large well-established pharmaceutical company, made its name bypioneering innovative new drugs. Intense competition from other companies in thepharmaceutical industry, plus increasing government pressure to reduce the price of drugs, hasput pressure on the company to reduce costs and speed up product development. In addition,the emergence of large health maintenance organizations (HMOS) and other large buyers ofdrugs has made marketing drugs much more difficult. To respond to these pressures, theorganization has decided to create cross-functional teams composed of people from R&D,marketing, finance, and top management to respond to the new situation.a. How will the change in structure affect the relative power of the different functions?Give reasonsb. How does the establishment of HMOS affect the resource dependence and power ofKanke Pharma? What can be done to manage this dependence?

as we all know that there are different functions performed in organisation in different…

Answered: How will the change in structure affect…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

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How will the change in structure affect the relative power of the different functions? Give reasons How does the establishment of HMOS affect the resource dependence and power of Kanke Pharma? What can be done to manage this dependence?