Topics: Pharmacology, Clinical trial, Pharmaceutical industry Pages: 3 (1053 words) Published: February 3, 2013
Q1. How does Merck evaluate the effectiveness of its ethics-related activities? Merck has a strong sense of ethics within the company's credo and morals and also reflects on its employees. In spite of having major financial crisis, its motto never changed or got altered. It increased the finding to the research institutions in Africa and places. It made sure that the motto of the George W. Merck, former Chairman and son of the founder of Merck was always above any hurdles that Merck as a company would face. Merck also appears to have an Ethics office that hires consultants to "gather internal data and external benchmarking." Merck has several programs designed to fulfill its top value: to preserve and improve human life.  It is important to evaluate the effectiveness of these programs to ensure that the greatest impact can be achieved efficiently.  Another way Merck ensures that progress is being made in its programs is having clear and achievable objectives.  By setting goals it is easy to see in what ways the program is succeeding, and in what ways the program is lacking.  Without clear goals, progress is impossible to determine making it hard to justify the continuation of the programs.  Another important Merck accomplishes its goal to preserve and improve human life is to receive feedback from the people directly involved with the program.  This feedback is critical for making sure that the correct resources are being sent to make sure that the programs can run effectively. By testing their job satisfaction, engagement and employee retention, Merck can determine how effective their internal policies at providing high employee morale. Merck evaluates their ethical related activities by making sure to treat the needy, make products that will help cure, assist nations and work with different NGO's, organization and most top keeping their employees as a priority.  Also they developed Code of Conduct training for employees to make sure they understood company...

References: Finegold, D., Bensimon, C., Daar, A., Eaton, M., Godard, B., Knoppers, B., . . . Singer, P. (2005). BioIndustry Ethics (pp. 19-53). Burlington, MA: Elsevier Academic Press.
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