Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assignment in Brief: Assess the ethical decision - making of Purdue Pharma around its approach to selling opioid painkillers. Case: Read Purdue Pharma and the

Assignment in Brief: Assess the ethical decision-making of Purdue Pharma around its approach to selling opioid painkillers.
Case: Read Purdue Pharma and the Opioid Addiction Crisis from Rothaermel, F.(2024). Strategic Management, 6th Edition. McGraw-Hill.
Prompts:
1. Do you believe that Purdue Pharma and the Sackler family made unethical decisions and pursued unethical courses of action in their OxyContin product strategy? Apply ethical theories to identify where they were or were not being ethical and defend your perspective.
2. While the Sackler family and executives of Purdue Pharma maintain that they have done nothing wrong, many disagree and consider their decision-making, at best, deeply flawed. They have settled several lawsuits related to their role in the opioid crisis and many additional lawsuits are working their way through the course. How do you assess their responsibility for the opioid crisis? Should monitoring negative stakeholder consequences of corporate strategies be a part of an environmental analysis? Should it affect strategic decision-making?
3. The strategic decision to aggressively pursue increasing OxyContin sales was not an ethically intense decision for Purdue Pharma. Why not? What could have been done to increase the ethical intensity of the decision to pursue an aggressive product strategy?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Information Systems

Authors: Jane Price Laudon, Ken Laudon

11th Edition

013607846X, 9780136078463

More Books

Students also viewed these General Management questions

Question

Detail the evolution of marketing over time.

Answered: 1 week ago