R&D units in pharmaceutical firms often have significant power.

Question

Quizplus · Accepted Answer

R&D (Research and Development) units in pharmaceutical firms are responsible for the development of new drugs, which is a critical component of the firm's success. This gives them significant power within the organization, as they are responsible for generating revenue and driving innovation. Additionally, R&D costs can be quite high, which further solidifies their importance and influence within the company.

R&D Units in Pharmaceutical Firms Often Have Significant Power