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260 MERNOUSH BANTON<br />

The Future<br />

Companies that do business in this industry face many risks and uncertainties due to litigations<br />

against the company, regulations, competition, demographic changes, patent protection,<br />

a slow economy, and the high cost of manufacturing due to an increase in R&D and<br />

selling and general administration expenses. Merck needs a clear <strong>strategic</strong> plan to define its<br />

future business in the drug manufacturing business. Merck’s shareholders and stakeholders<br />

in general expect continual growth and a better than average return on the investment.

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