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
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Pegasus Bribery Case Pegasus International Inc. is a leading manufacturer of integrated circuits (chips) and related software for such specialty markets as communications and mass storage‚ as well as PC-based audio‚ video‚ and multimedia. With a focus on innovation‚ Pegasus is committed to "technology leadership in the new millennium." Its long-standing strategy has been to anticipate changes in existing and emerging growth markets and to have hardware and software solutions ready before the market
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Warning labels on unhealthy fast foods Student’s name Professors’ name Course title Date Putting warning labels on unhealthy fast foods At first‚ I was tempted to say that labels should not be put on unhealthy fast foods‚ but on a second thought‚ I believe that it is very necessary to put the labels on unhealthy fast foods. First‚ we have to understand what food is. Food is any nutritious substance that animals or people drink or eat as a way of maintaining growth and life. This implies that
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VELASQUEZ Business Ethics. Concepts and Cases‚ 6th edn Advertising Death? In 2004‚ New York‚ Illinois‚ and Maryland – possibly to be joined by 30 other states – sued Brown & Williamson Tobacco Co (now part of R. J. Reynolds) for its “Kool Mixx” hip-hop promotions (CD-ROMs‚ DJ contests‚ hip-hop-themed cigarette packs‚ free magazines‚ free “Mixx Stick” radios‚ a website) as targeted at youth in violation of the 1998 tobacco settlement. Although the settlement prohibits ads aimed at teens‚ the
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In Ethics Case BYP5-6‚ we are presented with a seemingly harmless accounting issue. Laura McAntee has just been hired as an assistant treasurer for a large retail store. Her new boss used to have her position but has since been promoted to treasurer. While explaining her new duties‚ he has asked her to date checks to pay invoices at a discounted rate‚ but hold on to the checks in order to gain interest on that money. He continues to explain away the practice by saying “everyone does it” and that
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Friendly Advice and Quid Pro Quo? Prior responding to the case study questions‚ I would like to mention two points that relates with employee’s unethical behaviour in an organization. The first is one is‚ the role of leaders in influencing unethical behaviour in the workplace. In most cases‚ employee did unethical act for the following reasons: due to lack of motivation‚ while falling in to ethical dilemma‚ and when they are under frustration…etc. When we discuss about unethical act‚ always it is
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concept of fair value and its application environment‚ and then analyzes the fair value in the new standards specifically. Finally in combination with the concrete background in China‚ we put forward some advices on the carrying out of the fair value in the accounting practice. [Key words] Fair Value; China new accounting standard Since January 1‚ 2007‚ the China new accounting standards will become mandatory for listed Chinese enterprises. The adoption of the new China accounting standards system
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the right for committing the theft out of desperation due to the pharmacist’s experimental drug‚ we need to consider the first and fourth stages of moral development. The first one governs that consequences arise based on one’s actions‚ which in this case appear as Officer Brown noticing the theft. This leads into the fourth stage‚ as despite his close friendship with Heinz‚ failure to report this could lead to another witness reporting the incident instead‚ which in turn would lead to legal repercussions
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3.10 Research ethics As the proponents conduct the study‚ the survey and interview methods were made in a right and brief way to gathered data that will be used in the design and development of the proposed system. Ethical principles were observed with the hope that this would promote trust between the researches and the respondents. 3.11 Evaluation Procedure This table shows the range and their verbal interpretation of the computed weighted mean of the study. Table 1: Five Point Scale RATING RANGE
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Ender’s Game: A Simulation to Justify All Means Ender’s Game is author Orson Scott Card’s best-known work. The novel has sold over one million copies and is published worldwide (Whyte). The novel won the Hugo and Nebula award in 1986; science fiction’s most prestigious writing awards (University of Utah). In summary‚ the plot of the novel is a story about a young child‚ Ender Wiggin‚ taken away from his family by the International Fleet (a world order devoted to protecting the planet from space
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