Assume That a Drug Company Has Recently Developed a New

question 4

Essay

Assume that a drug company has recently developed a new weight-loss drug that is available only by doctor's prescription.This drug has some significant side effects,but is quite effective for helping individuals lose weight.The drug is being heavily advertised directly to the public,resulting in large numbers of individuals contacting their doctors in order to get a prescription for the drug.Because of the side effects,this drug is intended only for persons who are severely overweight.Some of the advertising for this drug emphasizes the happiness and beauty that can result when one is slender,leading many doctors to over prescribe the drug.Discuss the drug company's actions in light of the theories of the social responsibility of business.

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Definitions:

Collectivist

Pertaining to a cultural orientation that emphasizes the needs, goals, and views of the group over those of the individual.

Ethical Sensitivity

The ability to recognize and evaluate ethical considerations and dilemmas in decision-making processes.

Empathy

The ability to understand and share the feelings of another person.

Organizational Values

The fundamental beliefs or principles that guide an organization's actions, decisions, and interactions with stakeholders.