There is usually a thin line when determining between legal and ethical issues. In marketing, the strategies used are mostly informed by legal and ethical considerations. The same is true when considering product safety and intellectual property. This means that there is a close relationship between law and ethics; however, it is the existence of the law that makes ethical values enforceable. In general, therefore, ethics are those values or rules of conduct that are created so as to guide a particular group of people while legality is something that pertains to the law. Ethics, in other words, should be contemplated within ...
Essays on DTC
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Ethics Violations of PharmaCARE
When viewing the behavior of PharmaCARE in marketing and selling its drug AD23, there are a number of ethical issues that the company is brazenly violating. The first and most brazen violation of marketing ethics was creating a subsidiary (CompCARE) to do the marketing for AD23 in order to circumvent the regulation of the FDA. This is a clear violation of the ethical need to comply with government regulation, which businesses are expected to do. By creating CompCARE and shuffling off the product to them, creating a hasty renovation and shifting of resources, the goal was to prevent the FDA from being able ...
Introduction
Today, large businesses are expanding with the help of the robotic technology in order to have full production in a short time. Businesses have to use different strategies to continuously grow such as introducing new products and services, modifying the existing products and so on. Also different strategies are used by businesses to get governmental contracts. This paper is going to identify the best life cycle costing approach and the government approach of design changing. This report evaluates cost estimation methods; cost estimation relationship and engineered cost estimation. The purpose of this evaluation is to identify the most suitable ...
Introduction
Most of us have faced moments when we were not able to concentrate on the work in hand. There were times when focusing on a task was a big challenge. However, this type of syndrome is not very common for most of us, but some people show this kind of behavior on a day to day basis. For those people showing the lack of concentration and inattentiveness on a regular basis, this type of syndrome becomes uncontrollable and persistent. Any person showing such signs may be a victim of attention deficit hypersensitivity syndrome. Attention Deficit Hypersensitivity Syndrome (ADHD) does not show any physical signs ...
PharmaCare – Assignment 3
Introduction The aim of this research study is to evaluate the ethical issues related to the marketing and advertisement, intellectual property, and regulations of product safety. Drug companies have been consistently using direct-to-customers approach for marketing of their products. This aspect is also taken into consideration in the research study. In addition, this study extends to find information regarding the current regulatory scheme along with what should have been done by FDA to overcome the issues. The approaches used by PharmaCare to protect its intellectual property in US are also studies in detail within this study. This has ...
One aspect of the pharmaceutical business that has ethical ramifications is the use of advertising, particularly those directed to the consumer. Except for New Zealand and the United States, every developed country has banned direct-to-consumer (DTC) advertising (Woodward, 2010). Although there could be many reasons for this legal ban, one possible consideration by these countries is a belief that if made legal, the pharmaceutical industry does not have sufficient ethical standards to keep their advertisements in the best interests of consumers. This concern exists despite the availability of government-run health organizations to oversee the advertisement content and act as a socially ...
Dear Grandma,
Our body has tissues and organs that are made up of different types of cells. Each cell contains the deoxyribonucleic acid also known as DNA. This double-stranded DNA is made up of 4 chemical molecules also known as bases: adenine (A), guanine (G), cytosine (C) and thymine (T). In the DNA, A always pairs with T; C always pairs with G. These strands are nothing but sequences of these bases that run really long. So typically a short sequence of DNA if written down in English will read:
AGTCCCGGTTC
TCAGGCCAAG The DNA sequences are 99% alike in all humans, but ...
1) As part of your environmental analysis, please identify the various components of the Global Diamond Industry (e.g., legal, regulatory, political, cultural, technological, and economic), highlighting the main trends affecting the future of this product market (up to 2 pages);
The global diamond industry consists of three major sectors: mining, rough diamond trading, including retailing and jewelry, and industrial diamonds (The Diamond Industry, p. 1). This industry structure includes both large and well-organized organizations and small, independent diamond operations. The industry has a work force of about ten million people globally. They include both those who are directly and indirectly ...