Strategy and Ethics

Objective: To examine ethical issues that impact and are affected by strategy.

Read article linked below. Answer the following questions. Maximum 3 pages.  (Write 3 pages)

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For each short response, please follow the length requirements – they are not extremely lengthy, but you need to include enough detail to make it clear to me that you understand what you are writing about. All responses should include logical reasoning/thought process.

Article: “Drug Goes From $13.50 a Tablet to $750, Overnight” 

(Try the link here is the up link didn’t work : https://www.nytimes.com/2015/09/21/business/a-huge-overnight-increase-in-a-drugs-price-raises-protests.html?smid=pl-share )

 

Questions

  1. Identify the major issue in the article. What is the primary ethical issue and why did you select it? (1-2 paragraphs)
  2. Analyze the social and business implications of the ethical issue and their impact on society. (1 page)
  3. Choose the appropriate business support tools and use them to support your argument. See list of tools below. (1-2 paragraphs)
  4. Conclude and defend your decision. Given the analysis you have done; how would you approach this problem as a corporate citizen or professional? (1 page)

Sample Business Support Tools.  Choose from below or use other business analysis tools from your studies.

ROI Flow Charts
SWOT Histograms
TOWS Check Sheets
PEST Cause/Effect Diagrams
PESTEL Scatter Diagrams
Journal articles Control Charts
T-chart Root Cause Analysis
Decision Tree Environmental Assessment
Cost-Benefit Feasibility Study
Pareto Analysis  

 

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