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muminat
4 years ago
10

With a patent on drug Z27, why would Able Drug Company charge customers $7 per 100 units even though its cost of producing 100 u

nits is less than that?
Business
1 answer:
KIM [24]4 years ago
6 0
<span>If Able Drug Company already has a patent on a drug called drug Z27, then they have the rights to charge it higher than the cost of production. They do this so that they would gain profit from the drug that they have patented and to be able to expand their business more with it.</span>
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Managerial Contingency leads to preparedness in the case of a disaster, emergency, or system failure. Managerial contingency uses risk assessment and its aim is to identify threats and vulnerabilities and implement countermeasures to avoid an incident or curtail its impact in case it happens. Planning for disaster recovery and operational continuity and are vital components of managerial contingency.

For task contingency, it has to do with a task to be accomplished in the event of another task when the other task cannot be completed successfully. Every task has at most one, specific and unique contingency that is pre-planned. A task contingency then has its own contingency to be done in the event of failure.

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