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Summary 1 Competitive and Macroenvironment Factors Purdue University Global Introduction to Manag

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1 Competitive and Macroenvironment Factors Purdue University Global Introduction to Management MT140 2 Competitive and Macroenvironment Factors Introduction This report provides an analysis of the competitive and macroenvironmental factors impacting CVS Health Corporation. The report includes an overview of the company, its competitors, and the various factors effecting its business. The report concludes with a vote of confidence that CVS Health Corporation will continue to be successful, while facing these competitive and macroenvironmental factors. Impact on CVS Health Corporation CVS Health Corporation has the largest drugstore chain in the United States, the leading pharmacy benefits manager and serves an estimated 35 million people with medical insurance. The company has been successful for over half of a century, but faces many challenges in the current environment. Competitive En

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Uploaded on
May 3, 2025
Number of pages
8
Written in
2024/2025
Type
Summary

Subjects

  • its competitors

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1




Com petitive and Macr oen vir on m en t Factor s




Purdue University Global Introduction

to Management MT140




2


Com petitive an d Macr oen vir on m en t Factor s

In tr oduction

This report provides an analysis of the competitive and macroenvironmental factors

impacting CVS Health Corporation. The report includes an overview of the company, its

competitors, and the various factors effecting its business. The report concludes with a vote of

confidence that CVS Health Corporation will continue to be successful, while facing these

competitive and macroenvironmental factors.

Im pact on CVS Health Co r por ation

, CVS Health Corporation has the largest drugstore chain in the United States, the leading

pharmacy benefits manager and serves an estimated 35 million people with medical insurance.

The company has been successful for over half of a century, but faces many challenges in the

current environment.


Com petitive En vir on m en t


There are five competitive factors that influence business and CVS Health Corporation is

not an exception to their influence. Rivalry, new competition, suppliers, customers and

substitutes all factor in to their business plan. CVS Health touches every aspect of health care for

the consumer, from providing coverage for medication and services to providing the actual

services; leaving the door open in many areas of competition. CVS Health Corporation is well

established in all areas of business, but continues to look for innovation in serving the consumer

and keeping their spot in the top five of America’s Health Care Insurers.

New competition is often bought by this company if they see value in the resource.

Within the past twenty-five years CVS Health Corporation started buying and incorporating

many businesses to add to the value of their company. Examples of this are between 1999 and

2004 when they bought seven different pharmacy chains who provided specialty drugs to

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