can simply abandon the project. As a licensee‚ Merck can allow smaller biotechnology firms to focus on research and development. These smaller firms often have smaller budgets and are not financially or personnel equipped to handle the costly and long FDA approval process‚ and the subsequent marketing‚ distribution‚ and sales of new drugs. This task is better suited for a larger company‚ such as Merck‚ which has more resources and money. 2. Build a decision tree that shows the cash flows and
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this was how much the Transcontinental Railroad saved risk and money during the 19th century. Once the Transcontinental Railroad was completed this was the ultimate way across the country‚ and killed the idea of a Northwest Passage. During the 19th century‚ many people in the United States started believing in Manifest Destiny. Manifest Destiny is the belief that Americans had the right to spread across the continent. We achieved this feat by buying the
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PBS describes the underground railroad‚ or freedom train as "a complex network of places and people that lead runaway slaves from captivity". Many individuals of varying racial backgrounds provided food and shelter for the runaway slaves. These brave people were known as "conductors". While the underground railroad had many conductors‚ perhaps the most well-known and influential was African-American woman Harriet Tubman‚ who used her diverse culture not as a crutch‚ but as an instrument of leadership
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creation of the railroads was a positive thing. Extensive railroad construction in the 1800s transformed the Unite States by linking sections of the nation. This transformation was definitely advantageous. However‚ it also had its negative effects on the nation. Due to the railroads‚ Americans realized that they were wrong about the Great Plains. At first‚ no one really paid mind to the Great Plains. They thought that the plains were to dry for agriculture. The railroads ended up changing
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The First Transcontinental Railroad in the United States was built in the 1860s‚ linking the well developed railway network of the Eastern coast with rapidly growing California. The main line was officially completed on May 10‚ 1869. The vast number of people who traveled the line‚ and the network that followed‚ set the USA on the path to economic abundance. It also ended the centuries old way of life of the Native Americans and greatly altered the environment. The rail line was an important goal
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Araminta Ross‚ who we know today as Harriet Tubman. She was born in 1820‚ Dorchester County‚ Maryland. She was born a slave and the owner did not record their birthdates. Harriet’s ancestors had been brought to America from Africa during the early time period of the 18th Century. Harriet was the 11th child born to Benjamin Ross and Harriet Greene‚ slaves of Edward Brodas‚ at birth her given name was Araminta. By the time she was older‚ she was calling herself Harriet (after her mother’s name). When
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Railroad crossing may seem extremely simple at first; however‚ their are a few factors that come into play that you may not be aware of. You should use extreme caution at all railroad crossings. They are warning devices that inform you of upcoming railroads and trains. Advance warning signs are posted before railroad crossings to allow you to prepare for them. The pavement also is painted to warn you of upcoming railroads. To begin with‚ railroad crossings are marked and shown in many ways to inform
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get to the land you travelled so far to get a piece of‚ there is more work then thought. The railroads changed all of that worry and hard labor. On September 8th‚ 1883 the railroad came to Washington State making almost everything alot easier. The railroads had a major influence on washintons development. The railroad effected the economic‚ geographic‚ and cultural aspects of Washington State. The railroads had a major impact on the economic attributes of washington state. Moving products that were
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4.) Railroads development was a key to the revitalization of Colorado in the course of 1870’s. Who were the key players in this‚ what were the key lines‚ and how and why did the railroads rekindle and foster the territory’s growth? Railroad development in the 1870’s Before the railroads were established in the 1870’s‚ people traveled by wagon‚ horse and on foot. They traveled for days and months to reach their destinations‚ some did not survive the trip. When the Pike’s Peak Gold rush was
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PepsiCo‚ like other companies have their sustainable and competitive advantages‚ and are judged on their SWOT analysis. I will discuss how PepsiCo does in these areas and how they plan on improving some as well. PepsiCo states that there are three main sustainable advantages that give them a competitive edge as they compete globally with other companies. One‚ their big muscular brands‚ two‚ proven ability to innovate and create differentiated products‚ and third‚ powerful go-to market systems
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