The International Economy

In: Business and Management

Submitted By mzthang35
Words 989
Pages 4
The purpose of this paper is talk about a company that is based in the U.S. but conducts business in other countries. It will contain information about the company’s activities in the countries. There will be information about the economics concepts and how the concepts can solve the problems and opportunities. The paper will identify the economic and political policies that affect the company. There will be information on how technology is used. Lastly, there will be a discussion on globalization and how it impacts the company.

The International Economy
In 1849 two cousins Charles Pfizer and Charles Erhart both from Germany, decided to start a fine-chemicals business, named Charles Pfizer & Company. This company went from making a palatable form of santonin to citric acid and became the top producer in the chemical business. In the 1950’s Pfizer creates an International Division. In effort to make this international expansion work Pfizer makes sure his team is will prepared with the history of the countries, the proper contacts with the government and learning the language. Pfizer went from being a building filled with two cousins dream to an international successful, pharmaceutical, agricultural, and chemical company. ("A pioneering spirit," nd.)
For the purpose of this assignment, I will chose leading pharmaceuticals company Pfizer that operates in numerous countries across the world. The company has R&D labs as well as manufacturing operations in several countries. The company also sells its drugs in numerous countries across the globe.
To further expand on other questions, I will pick Pfizer's operations in India. Pfizer has a state of the art manufacturing facilities in India, as well as invests heavily in research and development in India and employs over 2300 people in the country. The company has partnered with…...

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