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Essay Details:
Essay text:
Some of the factors that lead to this success are:
• Passion to their business success
• Achievement and prosperity
• Internal growth and reliance
• Belief in Abbott team
Strategic and Competitive Business Challenges:
In the early 90’s, tremendous changes occurred around the globe as the 1993 healthcare reform initiative took place to narrow the gap of raising health care cost. Government were committed to this issue which cost a lot of health care companies to merge or get acquired by others. However Abbott stood still with their strategies, which help in building a foundation for their future successful strategies...
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