Preview

Ethics Case Study: Austen Pharmaceuticals Email

Satisfactory Essays
Open Document
Open Document
409 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Ethics Case Study: Austen Pharmaceuticals Email
Austen Pharmaceuticals Email
Heather Hughey
July 17, 2013
XMGT-216
Instructor
Rebecca Montano

To: AustenPharmaceuticalsDivsionManager@Austenpharmaceuticals.net
From: HeatherHugheyDivisionManager@Austenpharmaceuticals.net
Subject: My plan to decrease Payroll
As we both know we have just hired more employees that are minorities and female to correct the lack of diversity in the work place here at Austen Pharmaceuticals. I also understand the budget cuts we have to make to keep the company profitable. So I have sat back and thought about the most ethical way to approach this situation. What I have come up with is to go through my payroll, and make sure I am not overstaffing. In doing so I have found five percent of profit I could


You May Also Find These Documents Helpful

  • Good Essays

    There are four significant elements of financial management, “There are four basic financial statements. You can think of them as a set. They include the balance sheet, the statement of revenue and expense, the statement of fund balance or net worth, and the statement of cash flows.” (Baker & Baker, Chapter 4, 2011). Financial manager need to have a balance sheet to review or perform an audit so they can see the debt to income ratio for the organization they are financially responsible for. The statement of revenue and expense provide a clear financial outlook of the organizations financial situation during certain time periods. The significance of the statement of fund balance or net worth is to identify cash and property assets of the organization within a year or other period of time. Last but not least the statement of cash flow is proof of all of the profit by the organization during a certain period of time.…

    • 738 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The actions Merck undertook when marketing Vioxx and emphasizing its safety even after finding out the product’s side effects endangered all its key stakeholders and showed the real face of the company that accented its highly ethical maxims. Cardiovascular side effects of the Vioxx increased the risk of complications that could have caused patient’s death, therefore Merck violated the basic right to life of all the Vioxx consumers. It was already mentioned that Vioxx caused 3468 deaths by heart attack and stroke. All these tragedy events could have been prevented if Merck provided adequate information about all the peculiarities of Vioxx. Even though Merck argued that the withdrawal of tests results was caused by its utilitarian intention…

    • 578 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Ethics Case Study

    • 824 Words
    • 3 Pages

    Dr. Williams assistant Jerry does have the training but does not have the ability to make a call for a patient because if he prescribed the wrong dosage amount then there will be in trouble with the patient and also with HIPAA. It will not be in the best interest of Jerry to make this call for Dr. Williams without making a call to Dr. Williams first. In order for this to happen without breaking any laws, Jerry needs to have communication with Dr. Williams. To keep the integrity of office Jerry should ensure that the proper medication and make sure that it is the patient’s correct prescription if Dr. Williams gives the okay for jerry to provide the Valium for the patient. This might have to be a medication that this patient have to go without on his trip.…

    • 824 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    MyFile 4

    • 835 Words
    • 5 Pages

    When you have completed your exam and reviewed your answers, click Submit Exam. Answers will not be recorded until you…

    • 835 Words
    • 5 Pages
    Satisfactory Essays
  • Good Essays

    Diversity should be respected and valued because everyone is different and can offer an alternative perspective. Everyone should be treated equally because everyone has something to offer and everyone has a strong factor/skill that they can contribute to the company.…

    • 3085 Words
    • 13 Pages
    Good Essays
  • Good Essays

    Develop diversity management programs give the HRM the options to hire anyone of any culture, background, or race. This company has a zero tolerance for distortion.…

    • 964 Words
    • 4 Pages
    Good Essays
  • Better Essays

    Ethics Case Study Eth/551

    • 1155 Words
    • 5 Pages

    Fok, L.Y., Hartman, S.J. & Kwong, K. (2010). Differences in business ethical values: a study of…

    • 1155 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    1. Should Big Pharma focus on the creation of shareholder value, the classic objective of business entities, or should this focus be mitigated by the “needs” of patients primarily, but also citizens in general?…

    • 1817 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    It would be a mistake to claim that the pharmaceutical industry has not contributed to a better way of life and a better standard of living. They have come up with treatments for cancer-in some types of cancer they have even come up with the cure. It would also be naïve however to pretend that there are not some issues that have come up throughout the years that lead us to question whether the pharmaceutical industry’s main concern is the well being of the patients or their profits.…

    • 919 Words
    • 4 Pages
    Good Essays
  • Best Essays

    2. Rastogi, S, Rastogi HL. Ethical Issues concerning the relationships between medical practitioners and the pharmaceutical industry. www.pharmainfo.net 2008…

    • 1447 Words
    • 6 Pages
    Best Essays
  • Powerful Essays

    Liff S., (1999), Diversity an Equal Opportunities: Room for a Constructive Compromise? Human Resource Management Journal, 9, (1), 65-75…

    • 5703 Words
    • 23 Pages
    Powerful Essays
  • Better Essays

    Jones, K. P., King, E. B., Nelson, J., Geller, D. S., & Bowes-Sperry, l. (2013). Beyond the business case: an ethical pespective of diversity training. Human Resource Management, 52(1), 55-74.…

    • 1329 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    In this work ACC 410 Week 4 Discussion Question 2 Ethics Case you will find right answers on the following task: "Harris Fell, CPA and member of the AICPA, was engaged to audit the financial statements of Wilson Corporation. Fell had half-completed the audit when he had a dispute with the management of Wilson Corporation and was discharged. Hal Compton, CPA, was promptly engaged to replace Fell. Wilson Corporation did not compensate Fell for his work to date; therefore, Fell refused to allow Wilson Corporation…

    • 365 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Ethics Case Analysis

    • 1712 Words
    • 7 Pages

    This case presents a very typical situation that people encounter while working in the corporate environment. What is ethical, what is morally correct and what is just right out against the law are the questions that we all face while working in a corporate environment. Some of the ethical questions are governed by the law facing the situation. For example while working in an investment bank you most probably have access to inside information about upcoming deals that one could possibly use for personal monetary gain or you could act as a tippie and possibly share that confidential information with others. This kind of a situation is definilety governed by the law and you can actually be charged with various insider trading laws and possibly do some jail time as well. The other situation that is presented in the case is purely about ones ethical and moral standards. The analyst either has to compromise her loyalty towards her company B&B or towards her best friend Lori. While the situation presented is not a real zero-sum game, i.e., one player’s loss does not equal to the gain of the other player. When faced in a situation like this one has to think about what decisions can be made that will have the least affect on the players involved. The analyst should not look at the situation she faces as black or white. She should rather think about other options she might have to retain her friend’s loyalty while not compromising her loyalty towards her current employer. For example, Lori has already been laid off by her current employer, Universal group. The Universal group has already broken certain ethical and moral laws by not informing about the situation to B&B. So can the analyst come up with a situation where she can get Lori immediately and legally hired at B&B and convince her to share the information with B&B. In essence Lori will not have to feel guilty about not keeping the information confidential as has been laid off and the…

    • 1712 Words
    • 7 Pages
    Good Essays
  • Better Essays

    See See

    • 664 Words
    • 3 Pages

    2.Diversity in an organization affect the organization’s work/life balance by requiring employers to be more sensitive to the differences that each group brings to the work setting. Employers may have to shift their work setting. Employers may have to shift their philosophy from treating everyone alike to recognizing individual differences and responding to those differences in ways that will ensure employee retention and greater productivity. They must recognize and deal with the different values, needs, interests and expectations of employees. They must avoid any practice or action that can be interpreted as being sexist, racist, or offensive to any particular group and ofcourse must not illegally discriminate against any employee. Employers also must find ways to assist employees in managing work/life issues. The ethical considerations that exist that my drive the organizations to be more work/life balanced are to reduce overtime, minimize burnout, and reduce turnover due to overwork. One of the five fundamental ethical…

    • 664 Words
    • 3 Pages
    Better Essays

Related Topics