Business organisation and environment

Table of Contents

1. Topic pack - introduction
2. 1.1 Nature of business activity - notes
3. 1.1 Nature of business activity - questions
4. 1.2 Types of organisation - notes
5. 1.2 Types of organisation - questions
6. 1.3 Organisational objectives - notes
7. 1.3 Organisational objectives - questions
8. 1.4 Stakeholders - notes
9. 1.4 Stakeholders - questions
10. 1.5 External environment - notes
11. 1.5 External environment - questions
12. 1.5 External environment - simulations and activities
13. 1.6 Organisational planning tools - notes
14. 1.6 Growth and evolution - notes
15. 1.7 Growth and evolution - questions
    1. PSA Peugeot Citroën in joint signs joint venture agreement
    2. Southwest airlines to buy AirTran
    3. Pfizer acquires Wyeth for $68bn
    4. EU court rules against betting monopoly
    5. Picking up the pieces
    6. BBC dances around the world
    7. Becoming a Subway franchisee
16. 1.7 Growth and evolution - simulations and activities
17. 1.6 Change (HL only) - notes
18. 1.9 Globalisation - notes
19. 1.9 Globalisation - questions
20. Print View

Pfizer acquires Wyeth for $68bn

Read the article Pfizer acquires Wyeth for $68bn (you can do this in the window below or follow the previous link to read the article in a separate window) and then consider answers to the questions below.

Question 1

Define the terms:

• merger
• patent

Question 2

Analyse the advantages and disadvantages of the merger for the two firms.

Question 3

Assess the likely impact of the merger on pharmaceutical consumers.

Question 4

Evaluate the relative merits of small versus large organisations, with particular reference to the pharmaceutical industry.

Extension activity:

Carry out a PEST analysis for the newly merged Pfizer-Wyeth. You may like to research more widely on the web to find out about political and economic factors that are likely to affect the merged firm.