In the year 2000‚ Merck produced a controversial product called Vioxx. Four years later it gained worldwide attention because of the drug’s potential cardiovascular risks. This was detrimental to the company’s reputation because it was alleged Merck knowingly distributed Vioxx despite its risk. Both Barbara Martinez and Anne W. Mathews of the Wall Street Journal wrote articles into the investigation of Vioxx. Their article suggests Merck knew the dangers of Vioxx at an early stage of its clinical
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positively affect the company’s image with the public. However‚ if they did not decide to develop the drug‚ it could negatively affect their image especially if the media would be aware of it. Think about the decision in terms of the CSR pyramid. Did Merck have an ethical obligation to proceed with development of the drug? Would it matter if the drug had only a small chance to cure river blindness? Does it depend on how close the company was to achieving a cure‚ or how sure they were that they could
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Imagining Argentina‚ makes use of several rhetorical devices in order to express the themes it presents. The image of the Holocaust‚ for example‚ is repeated several times throughout the novel in order to express the themes‚ such as during the experiences of the main character‚ Carlos Rueda‚ and the thoughts of the narrator‚ Martin Benn. It is through the repetition of the image of the Holocaust that the author‚ Lawrence Thornton‚ conveys the predominant theme of Imagining Argentina that‚ without
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Introduction and Situational Analysis Merck and River Blindness ethical dilemma is whether to pursue research that may or may affect the profits‚ or to choose a safer choice and go for profit rather than researching the drug. The outcome from researching the drug could possibly lead to healing the deadly and dangerous disease known as River Blindness. This drug is known to kill the parasite that has caused the disease. The problem with this situation was that the consumers of the drug could not pay
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Sharp Printing Case Study Problem Definition: The major problem with Sharp Printing’s laser printer project is its senior management’s lack of communication to its project manager on its priorities. The project manager’s estimate for the cost of the project is $1‚250‚000 over senior managements estimate. This is a huge discrepancy and the cost and time estimates done by the project manager seem to be fairly reasonable. Justification for the problem: It seems to be clear that
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Argentina is the world’s eighth largest country‚ and south america’s second largest country. It has a population of about 41 million people‚ and the capital of Argentina is Buenos Aires. Argentina is between being a developing country and a developed country. Movement‚ Human-Environment Interaction‚ and Place are supporting factors of the instability or stability of Argentina. Movement is how people‚ plants‚ animals‚ and ideas interact or move around with each other‚ is one of the themes of
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Merck is a global research-driven pharmaceutical company dedicated to putting patients first. Merck’s highest priority areas are Alzheimer’s disease‚ atherosclerosis‚ cardiovascular disease‚ diabetes‚ novel vaccines‚ obesity‚ oncology‚ pain and sleep disorders. In addition‚ and importantly for licensing‚ the following other areas remain of high interest for focused investment in new compounds and mechanisms: antibiotics‚ antifungals‚ antivirals (HCV and HIV)‚ asthma‚ COPD‚ neurodegeneration‚ ophthalmology
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Women should wear a dress or a skirt and blouse. -Arrive 30 to 45 minutes later than invited for a dinner party. Arriving on time is not the norm. -Telephone your hosts the following day to thank them. Business Etiquette‚ Customs and Protocol in Argentina Relationships &
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Case Study: Merck Acquisition of Medco Professor Daniel Weiss FI561 January 23‚ 2011 Case Study: Merck Acquisition of Medco Abstract The purpose of this case study is to determine whether it would be beneficial to merge Merck Corporation with Medco Containment Services Incorporated. The merger and acquisition between the world’s largest drug manufacturer and the largest prescription benefits management company (PBM) and marketer of mail order medicines in the United States would result
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Corporate Governance in Emerging Economies The case of Argentina Content Page 1. Introduction 3 2. Corporate Governance 4 3. Corporate Governance in developed economies 3.1 Corporate governance in the Netherlands 3.2 Globalization & Corporate Governance 5 6 8 4. Corporate Governance in Argentina 9 5. Practical comparison 5.1 The financial sector 5.2 The energy sector 11 6. Conclusion 13 7. References 14 8. Appendix 8.1 Management structure
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