4-1 Report: Potential Alternative Buyers/competitor Research

4-1 Report: Potential Alternative Buyers/Competitor ResearchDepartment of Business, Southern New Hampshire UniversityMBA-699-11088: Strategic Opportunity Management 22TW5 01:51:31 GMT -05:004-1 Report: Potential Alternative Buyers/Competitor ResearchThis report is focused on understanding the NAICS code, finding the top competitors within the same code, as well as the information of each company in the market.NAICS CodeThe North American Industry Classification System, NAICS for short, is the standard used by Federal statistical agencies to classify business establishments. The purpose in this is to collect, analyze, and publish statistical data related to the U.S. business economy (United States Census, 2024). The life science organization that creates new cancer treatments uses the NAICS code of 325412 – Pharmaceutical Preparation Manufacturing.The U.S. industry comprises establishments that engage in manufacturing in-vivo diagnostic substanes and pharmaceutical preparations, with the exception of biological preparations. This is intended for both internal and external consumption in dose forms. These include ampoules, tablets, capsules, vials, ointments, powders, solutions, as well as suspensions (NAICS Association, 2023). Each code from the NAICS provides the top business by the code’s annual sales, along with company profiles. This provides them with great benefits when looking for potential buyers.Top CompetitorsIn order to determine the top three