Business Research Ethics Essay

The “Cold Feet” dilemma had seven people that would be affected by my decision: The shareholders, the Chief Legal Officer, the Marketing Director, the Division Medical Director, the National Institute of Health, the future purchasers of the drug, and the Journal. The reputation lens and the relationship lens were used to help me make a decision. The relationship lens helped me identify that people involved are entitled to a number of limited rights, people without power must be protected, and the right to a fair process. This led me to choose to have a committee with the appropriate authority and representation

The ethical issues are based on the social code and daily morality. Since the discussion is based on customer loyalty, stem cell research and abortion. Yet this invokes some serious arguments which proves that there are ethical issues which are yet of considerable concerns and need to be addressed. The ethical issues that are faced by the company mostly revolve

Morality are a set of principles concerning the distinction between right and wrong or good and bad behavior. Morality guides an individuals day to day decisions and behaviors. Our internal moral compass dictates our behavior, and our decisions on what is 'right or wrong'. The statement " Do not lie!" reflects absolutism, an exception for moral rule. Absolutist believe in absolute principles in all ethical matters, giving a clear guideline of behavior.

1) The Booth Pharmaceutical Corporation has to face whether or not to continue selling the drug Vanatin. In participating in the activity, acting as a board member of the Booth Corporation, I along with my other group members were faced with an ethical dilemma. The dilemma was; should the company continue to sell Vanatin even though is has dangerous effects? The drug Vanatin is a major profit producing aspect of the Booth Corporation comprising 12% of its gross income in the United States. Additionally, the corporation makes about the same amount of money in foreign markets under a different name. Booth Pharmaceutical can continue to sell the product and with help from lobbyists get past the FDA. However, the drug is proven to have

When functioning in the corporate world, it is an essential to include moral ethics. Ethics is also particularly imperative when laboring with financial information. It is very hard to have faith in someone managing plenty of money. Corporations in the past have distorted their financial statements in regulation to look superior to stockholders, without thinking of the penalty that may be a consequence if they get caught. If a corporation does not encourage good quality ethical conduct within the business, it is

Every organization also has a profession responsibility to conduct business honestly and ethically. Our readings reported, “Experts estimated that U.S. companies lose about $600 billion a year from unethical and criminal behavior” Kinicki and Kreitner (2009). The organization could avoid having ethical issues by meeting the

With stores like these many people are in and out everyday so we would be reaching a large audience with many different age ranges. We can also sell online with Target’s, Best Buy’s, and Walmart’s websites. In addition, to those websites we can also sell on amazon. We could also sell in stores like Verizon, AT&T, T-Mobile, and Apple. Those being big name brands and thousands of people shopping in those stores everyday looking to by new phones could want a new booth tooth speaker to play their music. Also with these stores when they by a new phone they could get a speaker for half off. Even thought that is more promotional that would be the benefit of selling in those stores. Some factors that I look into consideration and why would should sell in these stores is one all the different thousands of people that come in and out of those store everyday. In addition, these stores are country wide and some even world wide so there is so much room for expansion in not only into different regions of the US but different

Unethical business research happens more often than we think. At times the evidence is clearly there or on the fence. Researchers conclude studies for companies, to find results or outcomes, and report the results to management for a sound decision. However, the problem is some studies or researchers may be basis, but mainly ethics is the issue. My paper is about Bayer the maker of Yasmin and Yaz birth control pills. With all pharmaceutical products, there are side effects. Normally when medicine is purchased in the store, side effects are usually printed on the packaging and bottle for consumers to read and make sound decision about taking the medication. What if the manufacture concealed valuable information

This document will discuss personal ethical standards and corporate culture. It will describe how businesses don’t always behave ethically and how this damages personal ethical standards. It will give examples of true ethical value in organisations. It will also discuss the role of senior executives and managers in creating a corporate culture.

The goal of corporations when incorporating a logo is to be memorable to the consumer and investor. Companies like Nike, Harley-Davidson, and Apple have an instant appeal to the public with their corporate symbolism. The emblem for Chevron with the blue and red “v- shaped” stripes in a militaristic badge pattern is recognized worldwide as one of the most famous of the six “supermajor” oil companies. These six, powerful corporations are sometimes referred to as “big oil” in the New York Stock Exchange and are known for their influence in the political arena. Chevron’s roots trace back to Northern California in 1879 and the company endured several name changes because of successful mergers, including Pacific

At some point in time, many people are faced with the possibility of unethical companies, they have decided to follow or unethical business practices. These methods give a dirty business, as we are dealing with may be involved in making some very difficult decisions. In some cases, we need to expose the unethical business practices, so that the outside world knows what happing. The thing is that every company adheres to the rules. Below we provide a legal basis, and in words, and in some cases help to understand business methods are more immoral.

This case showed that the company marketed the drug for these illnesses while withholding evidence that the drug was not effective for these illnesses. After initially denying any wrongdoing, Pfizer plead guilty to criminal violation of the Food, Drug and Cosmetics Act and paid criminal and civil fines of $430 million dollars. This case has opened a unique window into pharmaceutical industry practices through the achieving and study of documents by UCSF obtained by Franklin’s attorney Thomas Greene. The Franklin v. Pfizer case was unique in a number of ways: it was the largest settlement obtained for U.S. taxpayers in a case not joined by the Department of Justice, it established a new standard of accountability for pharmaceutical industry marketing practices, it broadened the use of the False Claims Act to include fraudulent marketing claims (not just financial fraud) as criminal violations of federal and state law, it revealed the involvement, complicity and active participation in fraud by many renowned physicians, and it demonstrated that the medical literature which is the foundation for medical practice and particularly off-label prescribing by physicians has been deeply adulterated by the pharmaceutical industry and its paid clinical consultants. Franklin v. Pfizer showed that pharmaceutical control of the healthcare system,

Ethics is the branch of philosophy that deals with the principles correlated to human behavior concerning the rightness and wrongness of specific conduct, and to the good and bad that influences and ends those actions (Ditonary.com, 2011). In other words, ethics is the choice people effect in regards to a decision they need to achieve. Without ethics directing the choice an individual makes, moral preferences of what should or should not be done becomes irrelevant. While ethical decisions are made every day there are two different regions in which these choices are made.

This report will evaluate two separate cases, both practicing unethical business standards. This report will introduce them separately and then give adequate recommendations at the end.

The background of this case is that, The Carbolic Smoke Ball Company invented a smoke ball which they guaranteed, would cure influenza, one of the most dangerous viruses that plagued the world at that time, along with several other illnesses. The smoke ball was