Enlightened Self-Interest Analysis

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Enlightened Self-Interest Analysis
What are the relevant facts?
Tamik Inc. manufactured a vaccine, Kafluk, that supposedly provided some defense to the bird flu oDuring worldwide epidemic – high-demand, increased sales, and sky-rocketing profits oReceived disturbing reports about side-effects: severe hallucinations, heart and lung problems, and 6 child suicides oCovered up the story and paid off the families for their silence •Was it a bribe or compensation?

Most cases are resolved outside of court
Foreign Corrupt Practices Act of 1977 (did not break this act because they didn’t pay gov. officials) oCEO refused to authorize additional research regarding potential side-effects •Not doing her care duty

oSales continued – no info was disclosed to the public
What are the ethical issues?
During a time of an epidemic and very high demand the company: oCovered up the story and paid off the families for their silence oCEO refused to authorize additional research regarding potential side-effects oSales continued – no info was disclosed to the public

oMisleading & Deceptive
Tamik put sales/profits ahead of the well-being of the population Who are the primary stakeholders?
Tamik
oCEO
oEmployee
oResearchers & Doctors involved
Anybody who purchased and/or consumed this product
oEspecially those families who experienced the side-effects •Retailers, Distributors, Partners

What are the possible alternatives?
Inform the public and: [short run]
oCompletely stop production/sales until this the side-effects have been further researched and minimized significantly oContinue production and sales while research is being proactively conducted oDo not research, but continue selling to those willing to take on the risks •Don’t inform the public, but continue researching the issues, making steps toward progress and: oDon’t continue selling

oDo continue selling
Customer perspective (as well as others)
oNot necessarily going...
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