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 attack and stroke. All these tragedy events could have been prevented if Merck provided adequate information about all the peculiarities of Vioxx. Even though Merck argued that the withdrawal of tests results was caused by its utilitarian intention…
For many years, Company Q's customers have been requesting health conscience and organic products sold at Company Q’s stores. The company's efforts to provide this for its customers have been weak at best. The company's management has the ethical duty to be positively reactive to its customers requests, so long as those requests are not illegal, immoral, irresponsible or unethical. Since requests are for products that benefit the health of customers,…
Ethical principles: when designing and distributing the samples and testimonials we need to tell the truth to customers, make are the information provided are the original, honest and not provide any misleading information…
In this paper I will analyze and assess legal and ethical modifications on marketing relations as it relates to both consumers and organizations. This research will analyze three to five ethical issues that relates to marketing and advertising, intellectual property, and regulation of product safety. The discussion of arguing for or against Direct-to-Consumer (DTC) marketing by drug companies will also be analyze. This paper will also determine who regulates compounding pharmacies under the current regulatory scheme, what the Food and Drug Administration (FDA) could/should have done in the PharmaCARE scenario and whether the FDA should be granted more power over compounding pharmacies.…
In the health care field there will always be ethical dilemmas to contend with and the majority of these are the most difficult to imagine. In this case, a 96 year old male cancer patient is receiving naturopathic treatment from his daughter who happens to be a physician in that field. This has caused conflict between the daughter and the regular physicians due to the fact that they feel she may be causing her father unnecessary pain as well as speeding up his death. The scope of healthcare ethics encompasses the decision making process and how it relates to what is right and what is wrong. Therefore it is important…
The importance of ethics in business is highly valued as it helps to determine how the company is perceived by the society and others. All members of Company X are required to follow this section to help the company, employees and clients.…
From this case, I have learned that I should always keep in mind to act professionally and never violate the laws and regulation of pharmacy. I should also remember the six ethical principles of pharmacy that I have learned from this class, and always act in an ethical manner in my pharmacy…
behaviour in pharmacy, which was set out in the Code of Ethics for Pharmacists and…
The company that I chose to compare to my Ethics Awareness Inventory Scoring Summary is Pfizer. Pfizer is a multination pharmaceutical company; they develop and produce medicines and vaccines for a wide range of conditions. Pfizer is a company had an annual income of 67 Billion dollars last year (P., 2012). Some of the popular products that Pfizer makes are Advil, Celebrex, Viagra and Lipitor. The reason I chose Pfizer is because I have always been interested in the company because it is their moral obligation to serve the people of the world community with pharmaceutical goods for the betterment of the life of the community.…
What I have come up with is to go through my payroll, and make sure I am not overstaffing. In doing so I have found five percent of profit I could…
Ethical principles are something that can address any organizations issues. How to use these ethical principles are what we will address in this article. From the website “The Responsibility Project”, we will see how ethical principles are important in any organization, and how they can shape and change them. From the website, we will be reviewing the film “Good Vibrations”.…
Ethical decisions on rules of clinical trials are required because it entails a great level of risk, which is required to enhance medical knowledge. In regard to ethical reasoning and decisions arises ethical dilemmas. Truth vs Loyalty, Individual vs. Community, Short-term vs. Long-Term, and Justice vs. Mercy are all ethical dilemmas we read in the article written in the New York times about the two cousins diagnosed with melanoma. Understanding the existence of ethical dilemmas will allow us to identify and separate right from wrong, determine the root cause, and eliminate the complexity of the matter; which will help us to act ethically when making tough choices. Obviously, resolving ethical dilemmas in clinical trials will us to work…
In this work ACC 410 Week 4 Discussion Question 2 Ethics Case you will find right answers on the following task: "Harris Fell, CPA and member of the AICPA, was engaged to audit the financial statements of Wilson Corporation. Fell had half-completed the audit when he had a dispute with the management of Wilson Corporation and was discharged. Hal Compton, CPA, was promptly engaged to replace Fell. Wilson Corporation did not compensate Fell for his work to date; therefore, Fell refused to allow Wilson Corporation…
In such a business where ethic and moral values are very much needed and regarding the pharmaceuticals business they are really following an ethic. Finally it is their strength to get customer satisfaction.…
This paper covers the comparison of AMA statement of ethics and a website (www.cancerpage.com) for ethical marketing and services. Based on the comparison, there is an analysis whether the website is using ethical marketing or not.…