Preview

An Examination of an Ethical Decision-Making Model

Powerful Essays
Open Document
Open Document
6399 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
An Examination of an Ethical Decision-Making Model
Merck and Vioxx: An Examination of an Ethical Decision-Making Model Erin Cavusgil
ABSTRACT. Marketing researchers have proposed various conceptual models of ethical decision-making to better clarify the steps in the decision-making process.
However, lacking in the literature is comprehensive empirical validation of these models. This manuscript examines the ethical decision-making model proposed by Ferrell et al. [1989, Journal of Macromarketing 56(Fall),
55–64] in the context of a real-world marketing situation.
This model is a comprehensive synthesis of previously developed models in the literature. The events surrounding the withdrawal from the market of the pain reliever Vioxx, manufactured by Merck & Co., are detailed. The analysis provides insights into the decisionmaking process faced by Merck executives and sheds light onto the real-world applicability of the conceptual model.
Furthermore, this study demonstrates how potential modifications to existing models can be developed by their examination in the context of real world events. It is hoped that this analysis, along with future examinations, aids marketing researchers in developing a better understanding of the ethical decision-making process in a business context.
KEY WORDS: Merck, Vioxx, ethical marketing decision- making, models of ethical marketing
Introduction
Ethical decision-making in an organizational context is important to marketing scholars and practitioners alike. A number of corporate examples of unethical behavior have been attempted in recent years. From the academic perspective, several ethical decisionmaking models have been put forth (Ferrell et al.,
1989, Fritzsche, 1991, Hunt and Vitell, 1986, Jones,
1991, Malhotra and Miller, 1998) and to some extent, empirical tests of ethical decision-making have been conducted. Two recent reviews, that of
Loe et al. (2000) and OFallon and Butterfield
(2005), both summarize the empirical ethical decision-



References: Commitment , Journal of Business Ethics 16(11), 1153– 1161. N 370 Business College, East Lansing, MI, 48864, U.S.A.

You May Also Find These Documents Helpful

  • Best Essays

    Fraedrich, J., Ferrell, L., & Ferrell, O. (n.d.). Instructor’s Resource Manual Business Ethics Ethical Decision Making and Cases NINTH EDITION. Retrieved April 27, 2015, from http://lilianchaves.net/data/documents/chapter-6-study-guide.pdf…

    • 2402 Words
    • 7 Pages
    Best Essays
  • Satisfactory Essays

    The presence and absence of ethics in societal decision making contribute to the successes and shortfalls we experience every day. My personal ethical lens inventory reflected the many characteristics I as an individual contribute to society. This document will discuss certain characteristics such as my preferred ethical lens, my blind spot, my strengths and weaknesses, and my values and resultant behavior.…

    • 400 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Some background about Mr. and Mrs. Langlier; both were raised Amish, they met when they were teens in the Amish community in Central PA. Mrs. Langlier, the daughter of the bishop, and Mr. Langlier the son of a Farmer. When they married, farming was what they knew and began. They have six children, three boys and three girls. Their farm is pristine and welcoming, it is the home Mrs. Langlier was raised.…

    • 2185 Words
    • 9 Pages
    Better Essays
  • Good Essays

    References: American College of Healthcare Executives, “Ethical Decision Making for Healthcare Executives.” August, 1993, Revised on Nov. 2007. Retrieved from www.ache.org/policy/decision on April 18, 2011.…

    • 978 Words
    • 4 Pages
    Good Essays
  • Good Essays

    When dealing with complex situations with ethical dilemmas, controversial debates on human rights, and legislations, it is important for a social worker to be critically reflective and refer to the human rights charter, and the ethical codes of practice.…

    • 224 Words
    • 1 Page
    Good Essays
  • Satisfactory Essays

    Dobrin, Arthur, D.S.W "Five Steps to Better Ethical Decision Making." Psychology Today. Sussex Publishers, LLC, 13 July 2012. Web. 10 November 2016…

    • 478 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The long debated question of the importance of men and women and their roles has raged on for years. Should men and women be treated equally, that truly is the question that seems to have more answers than resolution. Applying the question to Deontology and the work of Immanuel Kant, the answer would be all people regardless of gender should be treated equally. However, these theories do not take into account the actions of the male or female in question. The question still remains, should men and women be treated equally or should it be based on the situation, all accounts will be taken into further consideration.…

    • 756 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Nurses are faced with ethical decision making on a daily basis. This could be both stressful and challenging. The following case study I chose to walk through is: Mr. Clarke is a patient who has advanced AIDS with related pain syndromes and is also actively abusing drugs. The nurse is concerned about his abusing his pain medications and is not sure if she should give them to him as he leaves the hospital. It will be my assumption that this patient is nearing the end of their life. The value, be, do ethical decision-making model will provide the framework I need to assess this case study (Schaffer and Norlander). I also will be using ethical decision making tools to guide my decision making process.…

    • 1895 Words
    • 8 Pages
    Good Essays
  • Good Essays

    What is the ethical decision making model? What is critical thinking? In this paper I will discuss the ethical decision making model and how critical thinking impacts ethical decisions. Personal experiences will be used as examples.…

    • 1473 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Social work practice is not without its human rights, ethical and legal contexts and issues and effectively working with them is pivotal to safe and empowering practice. This practice includes creating appropriate and extensive care plans, which work with the available resources and exhibit understanding of the contexts and issues. Daniel aged 20 has presented at Golden City Psychiatric Services in Bendigo in his first admission in a very depressed and uncommunicative state. The ethical dilemma for Daniel using the ‘Inclusive Model of Ethical Decision Making’ (Chenoweth & McAuliffe, 2015) which encompasses all contexts is his capacity to give consent and the conflicting best interests of his parents. This has been presented through…

    • 2200 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    The company that I chose to compare to my Ethics Awareness Inventory Scoring Summary is Pfizer. Pfizer is a multination pharmaceutical company; they develop and produce medicines and vaccines for a wide range of conditions. Pfizer is a company had an annual income of 67 Billion dollars last year (P., 2012). Some of the popular products that Pfizer makes are Advil, Celebrex, Viagra and Lipitor. The reason I chose Pfizer is because I have always been interested in the company because it is their moral obligation to serve the people of the world community with pharmaceutical goods for the betterment of the life of the community.…

    • 941 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Nurses may be faced with ethical conflicts. As nurses we must examine our own beliefs and feelings…

    • 329 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Having a career in law enforcement can be a very rewarding endeavor, but at times there are hard ethical decisions that need to be made. When I left the Sheriff’s Office it was so I could be able to start my PhD and be able to dedicate my summers toward the requirements of the degree. After I finish my terminal degree I would like to join an Agency as a Command Staff member or if I continue to enjoy teaching, find a position at a local college. Both positions require difficult choices relating to ethics.…

    • 643 Words
    • 3 Pages
    Good Essays
  • Good Essays

    In this discussion, I utilized the 7 steps of the Ethical Model for Ethical Decision Making as outlined in McGonigle and Mastrian (2015) to analyze the case study.…

    • 934 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    References: Carl, H. T., Lee-Ing Tong, & James, E. T. (2009). The vioxx recall case and comments. Competitiveness Review, 19(2), 114-118. doi: http://dx.doi.org/10.1108/10595420910942289…

    • 1377 Words
    • 6 Pages
    Powerful Essays

Related Topics