Question
Pharmaceutical Company Z received government approval for a medicine that lowers high blood pressure.Over time, however, the companyrealizes that the drug causes tremors in a
Pharmaceutical Company Z received government approval for a medicine that lowers high blood pressure.Over time, however, the companyrealizes that the drug causes tremors in a small number of people who use it. In deciding how to proceed, the company identifies a range of stakeholders, including corporate shareholders, consumers, physicians, the government, and society as a whole, and comes up with several possible courses of action.
According to the Josephson's core values model for ethical decision-making, what should Company Z do next?
A. Evaluate which course of action will provide the greatest benefit to the corporate shareholders, to whom the company has the greatest obligation.
B. Try to determine which course of action will best protect the company in the short-term.
C. Evaluate the impact of each possible course of action on each of the various stakeholders.
D. Try to determine which core values are most important to the company.
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