1. The article on drug prices mentions that drugs save money by reducing the amount spent on hospitalization. In one sentence, explain the main way that the cost of hospitalization would affect a five-forces analysis of the prescription drug industry.
2. Explain when and how you would use a short business plan and a comprehensive plan?
3. Develop a basic incident response tool (e.g., a flow-chart, process diagram, decision tree, etc.) that integrates the strengths of three of the management concepts.