Description
Please read page # 105 – 109 from chapter 6, “Defining the Organization’s Strategic Direction” from the attached book and briefly explain the following questions.

How does Genzyme’s focus on orphan drugs affect the degree of competition it faces? How does it affect the bargaining power of customers?
How does focusing on orphan drugs affect the types of resources and capabilities a biotech firm needs to be successful?
Does Genzyme’s focus on orphan drugs make sense? Do you think Genzyme has a long-term strategic intent?
Why do you think Genzyme has diversified into other areas of medicine? What are the advantages and disadvantages of this?
What recommendations would you offer Genzyme for the future?
You are required to respond to the questions thoroughly, in 250 to 350 words for each question. Make sure to follow APA style.

Please Note:

– Do not use repetitive word in the sentence. Using same word many times in the sentence or paragraph is not a good writing practice.
– Grammar, Punctuation and Citations should be correct.
– If you have made a statement in citing a source, it is not necessary to immediately repeat the meaning in your own words. The reader will do that when they read your initial source statement.