Case Analysis

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 aspects of the case. Submit answers to the below questions for a grade.

Government is to blame for the skyrocketing price of EpiPens, not patents(Links to an external site.)

EpiPen prices are out of control! Here's how we fix the problem(Links to an external site.)

1). Who is one stakeholder group impacted by the Food and Drug Administration's decisions with respect to pharmaceutical alternatives to EpiPen? Use the reference to the stakeholders identified inWH Process of Ethical Decision Makingmodel. Use one of this as a rule.

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? Use theWH Process of Ethical Decision-Makingmodel and use one of these as a rule.

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.

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