Paper

Submitted by: Submitted by

Views: 10

Words: 927

Pages: 4

Category: Philosophy and Psychology

Date Submitted: 06/15/2016 11:30 AM

Report This Essay

 

 

Sidhu

 1

 

 

Sharan Sidhu

Michaela Lucas

PHIL 3033

3 October 2015

The Quandary at Pure Drug ethical dilemma

While analyzing the dilemma that Pure Drug is faced with I was able to come with two

recommendations, which both the internal and external stakeholders will benefit from. Pure

Drug is faced with an ethical dilemma that holds both its reputation and profits at stake. Pure

Drug will either have to make an informed decision or face the possibility of having to shut

down the company. After carefully analyzing the obligations to the internal and external

stakeholders, which are also based on the Buddhist theory, I came up with two

recommendations, which will be discussed further in this paper. My goal in this paper is to focus

on an ethical resolution and recommendation.

Global pharmaceutical company has a reputation for quality. It has earned this reputation

by being ethical and having excellent business practices. The sales free at an average annual

compound rate of 12% and profits have increased by 15%. In 2013 there was an economic

downturn, which projected losses to be at 8 million dollars. Due to the economic downturn

stocks have also dropped.

The internal stakeholders in this company are the employees overall and more

specifically, Ms. Kahlon and Grace Tong, the families of the employees, the future generations,

and also the company as a whole. All of these stakeholders have direct obligations to the

company. The external stakeholders are the Philippines government, consumers of the

vaccination, the employees delivering the vaccinations, and also the society.

 

 

Sidhu

 2

 

 

There are legal, financial and moral obligations that are required in order to make the best

decision possible. The first legal step that will be taken will be from the Philippines government.

This waiver will consist of waiving all rights to take any legal action against the company for

any side...