CaitlynYUUU Posted November 8, 2023 Report Share Posted November 8, 2023 B-PHARMA B-Pharma, a public limited company, is one of the biggest multinational companies (MNC) in the pharmaceutical industry. It employs over 30000 people globally. The corporate headquarters are in Tsukuba Science City, Japan. B-Pharma was founded in 1973 by Yukio Nakamura. Strong demand in the mid-1980s and a period of economic boom in Japan enabled B-Pharma to grow and expand within the Pacific Rim. In 1986, a first subsidiary was established in Seattle, United States (USA). B-Pharma has also opened smaller subsidiaries in other countries such as Canada, Chile, Mexico, New Zealand, South Korea and Vietnam. Subsidiaries are responsible for both production and distribution of B-Pharma drugs in their national markets, as well as research and development (R&D). Managing human resources in a multinational company B-Pharma has attempted to introduce the same tall organizational structure in all its subsidiaries. However, this uniform approach to hierarchical organization has not proved appropriate as it ignores cultural differences between some of the countries where B-Pharma operates. In Canada, employees have repeatedly stated that they want more delegation and a wider span of control. The Canadian subsidiary has recently suffered lower levels of productivity compared to other B-Pharma subsidiaries. Reply Link to post Share on other sites More sharing options...
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