Case Study Analysis: Eli Lilly and Co. (A): Globalization

Main Problems: Various issues related to globalization, including small market position. The economic, political, and business factors to which domestic management is used are lacking. These include well-known market position and reputation as well as pricing freedom. Losing revenue due to dependence on products protected by intellectual property rights. Solutions to major problems Acquiring different biotechnology companies would make Eli Lilly be on the safe side. The company should enter the global market by acquiring the companies that already have a better market share in a region. Doing this will allow the company to enjoy the historical presence of the acquired companies. The company will be able to lower its production cost, increase its drug pipeline and make high-quality products. By acquiring other...................