Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Business Law A Case Analysis gives students a chance to demonstrate critical thinking skills as well as knowledge of legal vocabulary. Please make sure to

Business Law

image text in transcribedimage text in transcribed
A Case Analysis gives students a chance to demonstrate critical thinking skills as well as knowledge of legal vocabulary. Please make sure to answer the questions asked, including dening any legal terms. Legal Vocabulary: The WH Process of Ethical Decision Making comprises two elements: (1) Who - Stakeholders; and (2) How - Guidelines. The stakeholders are the groups of people affected by a company's decisions. Stakeholders include customers, owners or investors, management, employees, community, and future generations. An ethical guideline provides a path to ethical conduct. Ethical guidelines include the Public Disclosure Test, the Universalization Test, and the Golden Rule. The Public Disclosure Test requires decision makers to image their decisions are being broadcast on national television. The Universalization Test requires decision makers to consider what the world would be like if their decision were copied by everyone else. The Golden Rule requires decision makers to treat others as they would want to be treated. The Case of EpiPens Read the attached articles and consider these important as pects of the case. Submit answers to the below questions for a grade. Government is to blame for the skyrocketingprice of EpiPens, not patents r! EpiPen prices are out of control! Here's how we x the problem r! __ X it 1). Who is one stakeholder group impacted by the Food and Drug Administration's decisions with respect to pharmaceutical alternatives to EpiPen? Please anSWer this question with reference to the stakeholders identied in WH Process of Ethical Decision Maldng model. Please answer using the Conclusion-Rule format. Please define your chosen stakeholder and use the denition as the RULE. That six sentences as your RULE (2nd sentence in Conclusion-Rule-Analysis-Conclusion p -Analysis-Conclusion (CRAC) is. pick one of the following aragraph): - An owner or investor is a person who enters into business to achieve profit. . Employees are individuals hired by employers to do specific jobs. Customers are people or organizations that buy goods or services from a store or business. Management is the group of people responsible for corporate operations. The general community where the firm operates is the group of people living in a common area. Future generations are a group of people who will be impacted in the future by current business decisions. 2).Did Mylan N.V., Epipen's maker, making ethical business decisions? Please answer this question with reference to one of the three ethical guidelines provided in the WH Process of Ethical Decision Making model. Pleatgaswer jur the the RULLmat is, pick one of the following three senterices as your RULE (2nd sentence in Conclusion-Rule-Analysis- Conclusion paragraph): . The Golden Rule provides that you treat others as you want to be treated. . The Public Disclosure Test requires us to imagine that our actions are being broadcast on national television. . The Universalization Test asks us to consider what the world would be like if our decision was copied by everyone else

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

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

Step: 2

blur-text-image

Step: 3

blur-text-image

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

Introduction To Health Care Management

Authors: Sharon B. Buchbinder, Nancy H. Shanks

3rd Edition

128408101X, 9781284081015

Students also viewed these Law questions