ESSAY : Healthcare Management HCM-550-MBOL1 Module 6 assignment

For this assignment read the Case Study presented on pages 342-343 of the textbook (attached). Address the following questions:

What do you think are the possible major tensions that exist when a pharmaceutical firm forms an alliance with a biotechnology firm?

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How would you try to address those tensions?

Identify different challenges that exist for maintaining or strengthening an ongoing alliance versus beginning a new relationship.

Textbooks:
Burns, L. R., Bradley, E. H., & Weiner, B. J. (2012). Shortell and Kaluzny’s health care management: Organization design & behavior (6th ed.). Clifton Park, NY: Delmar Cengage Learning.
ISBN-13: 978-1-4354-8818-2

SAMPLE SOLUTION

Health Care Management
The enhancement of the pharmacy and biotechnology business in recent years has given rise to important knowledge of successful alliances between the two types of businesses. Business in this field have benefited in relation to system administration and cooperative energy realized after the alliance. In most cases, the main objective of such alliances is to develop, advance and disseminate medication and therapeutic transmission systems (Sytch & Phillips, 2008). The strategic alliances have increase…

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