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Thursday, February 21, 2019

Business Ethics and dilemma Essay

1. Review the appoint readings from the text and article by Carroll (1991). 2. Prepare a 3- to 5-page paper titled, bodied Social debt instrument. 3. Reflect upon your text readings from Chapters 1 and 9 with a reduce on the following core concepts Organizational Social function (Chapters 1 and 9)The Ethical Decision-making Process (Chapter 1)Corporate Reputation (Chapter 9)The Corporate Social Responsibility Pyramid (Chapter 9)The Importance of Trust (Chapter 9)The Pyramid of Corporate Social Responsibility (article by Carroll and Chapter 9) 4. Read The Merck and River Blindness Case at the end of Chapter 9 of your text. 5. Compose your paper in Microsoft Word. Include your name, the assignment name and number, the descent and section number, and the date on your title page. Follow APA guidelines for formatting and citations.. notice Your paper must meet the minimum requirements as outlined in the section of Weekly Written Assignments of the Assignment Guidelines and the grad ing criteria of this assignment. You are to yield a minimum of 2-3 references in your work. For this assignment, expenditure of general google.com or net search references is not acceptable. Use the university librarys scholarly databases. 6. answer to each of the following questions and statements StakeholdersProduce a list of all primal stakeholders that you perceive to have a bona fide interest in the Merck companys dilemma. Corporate Social Responsibility PyramidFrame the Merck companys ethical dilemma within the Corporate Social Responsibility Pyramid. E.g. area briefly the key economic, legal, ethical, and philanthropic responsibilities. As a focal point, liken and contrast the economic implications against the ethical and philanthropic considerations. Organizational Values relegate briefly and specifically whether the decision to a) proceed with the drug project or b) not to proceed with the drug maturement best fits withthe companys declared organizational values and its principles of profitability. Stakeholder Impact and TrustIf the drug development failed and cost hundreds of millions of dollars, would that harm to the company and its stakeholders be justifiable? If Merck decided not to pursue development of the raw(a) drug, what implications do you see this having for stakeholder relations such(prenominal) as the scientists who desire the development. E.g. Is this a trust and leadership consideration? utmost DecisionIf you were the CEO of Merck and the final decision on this risky new drug development was yours, what would you do and why? Justify your decision. Using Carrolls theory, are you comfortable stating your opinion to the board of trustees, employees, and media? NOTE Since this is an actual, real-life case, your focalisation should be on producing creative and new thinking that applies the ethical concepts to the material. Also, include an groundwork and conclusion in your paper. You are encouraged to use the headings above in A ction Item 7 in your paper for organizational purposes. 7. relinquish your paper to Turnitin.com.NOTE Turnitin.com is used by Franklin University to assist students in signal detection plagiarism. Turnitin generates a report within minutes of submitting your paper. Your results will not be electronic mailed to you you must login to review your results. Submitting a paper ahead of an assignment deadline provides you with the fortune to take action if you need to rewrite any part of the paper. Your prof will provide you with a class ID and password as an e-mail or a Class Communication object.Submission InstructionsBy Sunday, upload your paper using the Submit tool.Grading CriteriaContent and focus Response addressed the question(s) posed in a logical, cohesive panache 0 35 points Analysis and critical thinking penning illustrates high order critical thinking, analysis, synthesis, and/orevaluation 0 35 points Writing style, grammar, sentence structure Sentences are consistent ly clear, concise, well written grammar and punctuation mark are correct 0 15 points APA and research Correct use of APA style in body of paper and appropriately references the text and/or other research sources 0 15 points

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