Question

Celgene Corporation, a biopharmaceutical company based in New Jersey, develops cutting-edge drugs in a highly regulated environment. Areas such as informatics and functional genomics evolve on a daily basis, as do the regulations that control the pharmaceutical industry. The stem cell lines Celgene needs for research are very expensive and can be hard to acquire.At celgene, the environment is ______ because of the ______ and _______ because of the _______. resources are ______.

Answer 1

At celgene, the environment is dynamic because of the pace of change and complex because of the number of factors that are changing . resources are scarce .

Step-by-step explanation:

Business conditions are dynamic in nature, as volatility continues to change. Changes in public policies, changes in market preference and judgment, technological changes, etc., For example. Such changes could be caused by internal and external factors and could have an impact on growth and business survival. This is why it is considered a competitive operating environment.

The dynamic business environment can also trigger economical changes. Falling interest rates can expand an enterprise or its competitors, and quickly change the growth rate of the industry. falling prices may do the same for necessary raw resources