Merck Ethics Study In developing a drug to combat river blindness‚ pharmaceutical company Merck discovered an opportunity to treat millions of affected peoples around the world that probably would never see commercial use. The drug in development‚ ivermectin‚ was unaffordable to the primary victims of river blindness‚ Third World peoples. Thus‚ Dr. Vagelos‚ the head of research at the time‚ treaded upon a ethical quagmire; he could either choose to scrap the drug and its further research or
Premium Ethics Philosophy of life Person
ETHC-445-68329 Massey Principles of Ethics Rehan Ashraf Homework Assignment‚ Week-3 DeVry University Scenario 1 The Mayor of a large city was given a free membership in an exclusive golf club by people who have received several city contracts. He also accepted gifts from organizations that have not done business with the City but might in the future. The gifts ranged from $200 tickets to professional sports events to designer watches and jewelry. Analysis There is no doubt; the mayor is
Premium Mayors City
The institutionalization of business ethics: ethical dilemma case Laws and regulations are established by governments to set minimum standards for responsible behavior-society’s codification of what is right and wrong. The issues surrounding the impact of competition on business’s social responsibility arise from the rivalry among businesses for customers and profits. Intense competition sometimes makes managers feel that their company’s very survival is threatened. In these situations‚ managers
Premium Ethics Business ethics
characters are constantly faced with situations that challenge their judgement and morality. While they all encounter similar ethical questions‚ the characters in The Oedipus Cycle all resolve their dilemmas in different ways. From the logic-minded nature of Antigoné to the overconfident nature of Oedipus‚ the way each and every character of The Oedipus Cycle deals with major moral dilemmas is an insight into not only their unique personalities‚ but also their status in society. The Oedipus Cycle‚ in short
Premium Oedipus Sophocles Oedipus at Colonus
law I. Ethical dilemma • Nathan Rosillo is faced with an ethical dilemma. It seems that the river is the company’s least concern in its effort to make profit again. Here are the following issues that need to be addressed in this ethical problem: o First and foremost‚ standards from regulatory agency were loosened in such a way that wastes can now be directly dumped into Dutch Valle River. Nathan‚ finds dumping of waste materials in the river as ethically
Premium Ethics
Week 2 Assignment 1 LaMarcia Smalls South University Principles of Management Week 2 Assignment 1 Stepping away from a company that has brought sales up to an increasing 15% will take courage. Will you have the courage to stand for what is right for the current workers working for a company that is working long hours and a few dollars a day or continue doing business that may cause backlash from the media and public? You are responsible for deciding if you will continue to do business
Premium Ethics Morality Business ethics
Our story opens with an irate Jim Mclntosh confronting his manager of corporate reporting: “I thought we had an understanding on this issue‚ Frank. Tina tells me that you are threatening to go public with your stupid statements about the report. For Pete’s sake‚ Frank‚ wake up and smell the coffee! You’re about to damage all the important things in your life: your career‚ your friendships‚ and your company!” Frank sat quietly in the overstuffed sofa in his V.P’s expansive office. He thought
Premium Vice President of the United States Accountancy Report
The Truth and Reconciliation Commission‚ however‚ also had its fair share of disadvantages. The main disadvantage was that many of the victims simply did not feel that justice had been conducted. The horrible reign of apartheid had lasted for a period of 45 years‚ and now the TRC was asking them to simply forget the wretched past. In the meantime‚ all the perpetrators of crimes from the era where walking away scot-free. To me‚ it just does not seem fair that these villains of such hate crimes can
Free South Africa Black people Africa
1. Using consequential‚ rule-based and character theories‚ evaluate Jim’s options. • Consequential-Jim would need to assess how it would affect each worker and the company and identify the benefits or damage it would cause if he fired Bill. Jim would need to makes sure the benefits outweighed the harm. If firing Bill is helpful to the company‚ then it would be acceptable. • Rule-based-With this theory‚ Jim needs to look at the other workers to see if maybe Bill is getting his attitude from them
Premium Empty nest syndrome Psychology Theory
| Ethics in Corporate Society | | PHARMACEUTICAL MARKETING-the growing ethical concern? Analytical Report | | | Madiha Raza Noama Naeem Sheikh Zargham Zaigham LETTER OF AUTHORIZATION November 5‚ 2011 Dear Readers‚ As students of BBA‚ our course instructor of Ethics in Corporate Society‚ Ms. Tania Danish authorized us to make a report on the “PHARMACEUTICAL MARKETING-the growing ethical concern?” We were required to make a report in accordance to our learning in the course
Premium Pharmacology Pharmaceutical industry Pharmacy