The Impact of the Product’s Quality, Price, and Perceived Value on the Competitiveness of Jordanian Pharmaceutical Companies in the Local Market from the Perspective of the Consumers in Jordan
Keywords:
Competitiveness, Product Quality, Perceived value, Price, Jordan, Pharmaceutical Companies, local market,Abstract
This study aims at studying the attitudes of patients who are treated in
the public sector hospitals in Irbid governorate towards Jordanian drugs and
imported drugs from well – known European companies.
A simple random sample consisting of (175) patients, withdrawn from
hospitals records which form the population study, to measure their attitudes
towards Jordanian and imported drugs.
The study concludes the following findings: Patients stated that
the perceived value of the drugs is the first priority for them without any
consideration for the manufacturing place. Usually, the patient depended
on the opinion of their doctors regarding the quality of medicine. Thus, the
patient is ready to pay a higher price to get a better medicine.
The study recommended that Jordanian companies must make
a reconsideration for their pricing policies to match the perceived value.
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