Shawn McGill Is on the Executive Board for ABC Pharmaceuticals

question 130

Multiple Choice

Shawn McGill is on the executive board for ABC pharmaceuticals.The company produces the number one selling cancer fighting drug on the market.Due to its incredible success ABC pharmaceuticals has decided to increase the cost of the drug from $8 a pill to $15 a pill.Which force is ABC pharmaceutical using to increase its drug price?

• A)Supplier power
• B)Buyer power
• C)Threat of false entrants
• D)Business power

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Definitions:

Empathy

The ability to understand and share the feelings of another, putting oneself in another's shoes.

Compassion

A deep awareness of and sympathy for another's suffering, combined with a desire to alleviate that suffering.

Kohlberg

A psychologist known for his theory on the stages of moral development, which proposes that individuals progress through a series of ethical reasoning levels as they age.

Connectiveness

The state or condition of being connected or interrelated, often referring to the ability to establish and maintain relationships with others.