Merck and river blindness are a good example for Utilitarianism theory because the results brought happiness for both the company and the people. Utilitarianism is an ethical framework that focuses on the outcomes or results of actions. In fact‚ its name comes from the Greek word Telos‚ which means “end.” The two most influential developers of the utilitarian viewpoint were Englishmen Jeremy Bentham (1748–1832) and John Stuart Mill (1806–1873). Under this framework‚ acting ethically means making
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License plate flippers-robbers hate them Number plates being robbed is becoming one of the most common headlines for a local daily. As these can be sold off in the market for a huge sum‚ robbers‚ instead of stealing other car components‚ tend to pry these off. In addition‚ the license plates are easier to remove than any other component. How to save number plates? For saving number plate‚ the easiest bet is to purchase a hideaway license plate. These license plate come for either side of the car’s
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TOPIC: COMPUTER ETHICS AND LEGAL ISSUES 1.2.1 DEFINITION 1.2.2.1 Define Computer Ethics‚ Code of Ethics‚ Intellectual Property‚ Privacy‚ Computer Crime and Cyber law. 1.2.2.2 Differentiate between ethics and law. 1.2.2.3 State the need for intellectual property laws. ETHICS IN GENERAL • A guidelines is needed to stop the current technology products from being exploited for example replicating original CDs and selling them as pirated software‚ this unethical behaviour can
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Elora Jean & Company is deeply troubled about possible drug and alcohol abuse among employees. It is their goal to establish and maintain a drug-free workplace to provide a safer work environment. The goal here today is to recommend items that should go into this policy and to recognize the type of training that will be needed for management and employees pursuant to the new policy. In addition‚ there will be a discussion on how effective a new drug-free workplace policy will be in reducing work-place
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Until the mid-1990s‚ all it took for most teens to get their license was reaching their 16th birthday‚ a written exam and a road test. Teens were free to drive anywhere‚ any time with anyone. Although‚ times have changed. Now graduated driver ’s license laws appear to be saving young lives. States all over the U.S. are going to the graduated driving system. Although some people say it is unbeneficial‚ others beg to differ. Some say that laws that restrict 16-year-old drivers from carrying passengers
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10/6/2014 Case 3: Merck and River Blindness 1. Why was Merck hesitant about developing a human version of Ivermectin? Merck considered this opportunity as a high risk investment. The cost of developing the drug was estimated at $100 million. Even if it was successful to cure river blindness the victims were too poor to afford the drug. There was no way to distribute it in these rural areas were the victims were located. In addition‚ there was a possibility that people would misuse the drugs‚ which would
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Kong‚ 19-22 August 2007 A MONEY LAUNDERING RISK EVALUATION METHOD BASED ON DECISION TREE SU-NAN WANG1‚ 2‚ JIAN-GANG YANG1 1 College of Computer Science and Engineering‚ Zhejiang University‚ Hangzhou 310027‚ China 2 Shanghai Pudong Development Bank‚ Shanghai 200002‚ China E-MAIL: wangsn@spdb.com.cn‚ yangjg@cs.zju.edu.cn Abstract: Money laundering (ML) involves moving illicit funds‚ which may be linked to drug trafficking or organized crime‚ through a series of transactions or accounts to
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Can you remember when you got your driver?s license? From what I can remember getting my license was one of the most exciting things in my life. Having your license means having more freedom. If I didn?t have my license my life would be very different. To get your license you need to take the class‚ pass the written test‚ take behind the wheel‚ and finally take your driving test. When I took driver?s ed. I was a little scared‚ but very excited at the same time. It was nice for me because they provided
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Merck‚ the FDA‚ and the VIOXX Recall MBA 520 Ethics and Leadership in a Global Environment 11.15.2009 MBA 520 15 November 2009 Merck‚ the FDA‚ and the VIOXX Recall In 1999‚ Merck started a clinical trial called VIGOR‚ checking the effectiveness of VIOXX in patients with gastrointestinal problems‚ and in this trial they noted for the first time that patients taking VIOXX suffered roughly twice as many heart attacks and strokes as those taking the control‚ Naproxen.
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Acquisition between Merck and Schering-Plough Introduction On March 9‚ 2009‚ Merck & Co.‚ Inc. and Schering-Plough Corporation announced that their Boards of Directors have unanimously approved a definitive merger agreement under which Merck and Schering-Plough will combine‚ under the name Merck in a stock and cash transaction. As the two companies’ combined 2008 revenues were $47 billion. The deal officially closed on November 3‚ 2009. Background of the two parties Merck & Co. (NYSE: MRK)
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