Ethical Considerations in Marketing, Product Safety, and Intellectual Property Amanda Terry Professor: Dr. Michael Hanners LEG 500- Law, Ethics, and Corporate Governance March 12, 2015 Introduction John, a former research employee at PharmaCare pharmaceuticals, asked my law firm to represent him as a client. He expressed his concerns about his involvement with PharmaCare’s top-selling drug AD23. John and his team of pharmacists discovered that the drug could slow down the progression of
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scenario. A stakeholder is defined as a person, group or organization that has interest or concern in an organization according to BusinessDictionary.com. The stakeholders in this particular scenario are PharmaCARE, a successful pharmaceutical company, CompCARE, a subsidiary of PharmaCARE, Wellco, a large drugstore chain, the employees of the various companies, the African nation of Colberia and its people, the medical community and the consumers of the products. Analyze the ethics of PharmaCARE’s
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within their customers’ optimal price points. The second category of stakeholders are the Medicare, Medicaid, and VA patients. These are the main cutomers of PharmaCARE. They are mainly interested in quality customer service as well as top-range products to address their needs (Jennings, 2010). For this reason, they are attracted to PharmaCARE as it continues to prove nbeaten in its advertisements. Further, the workers form the third grouping of the stakeholders. These category form’s PharmaCARE’s
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13 Legal and Ethical Considerations in Marketing, Product Safety and Intellectual Property PharmaCare, week10 Assignment LEG500, Law, Ethics, and Corporate Governance Strayer University LEG500 13 Legal and Ethical Considerations in Marketing, Product Safety and Intellectual Property PharmaCare, week10 Assignment Review of PharmaCARE/CompCARE To first establish whom each entity is; PharmaCare is one of the world’s most successful pharmaceutical companies. A compassionate, decent well
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changes to Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). Determine which provision(s) of CERCLA apply to PharmaCARE in the scenario provided Stakeholders are those individuals and groups that have an investment, share, or interest in an organization. In this scenario that includes PharmaCARE, CompCARE a subsidiary of PharmaCARE, Wellco a large drugstore chain which purchased CompCARE, PharmaCARE’s management and investors, and the African nation of Colberia. Analyze
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The Canadian Health Care system has been regarded as one of the best publicly funded health care programs in the world, to conduct a fair and unbiased comparison of the Canadian and American health care systems one should use similar measuring techniques. Comparing our Health Care system to the United States’ is only going to give us a false sense of satisfaction. This will hinder our progress towards reaching a system that would facilitate the needs of every citizen while taking their opinions and
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Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property Kellie L. Plowden LEG 500 Doris Mitchell December 12, 2013 Everyone knows that direct- to consumer-marketing is focused on the patients. There are a lot of ways to get the attention of these patients. Advertising can be done through social media, print, radio, television, and word of mouth. “Prescription direct-to-consumer advertising has become a highly scrutinized and researched topic in healthcare
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Workplace and the World Stakeholders:- The Stakeholders in this case are:- 1. PharmaCARE 2. PAC 3. The People and Government of Colberia 4. Executives of the PharmaCARE 5. PharmaCARE Clients Worldwide 6. FDA 7. OSHA 8. MR Alen Jones 9. CompCARE and Employees 10. Doctors and Hospitals who were dealing with CompCARE 11. Donna, Tom and Ayesha 12. Wellco The Ethics of PharmaCARE in Colberia:- Now days it has become a critical measure for companies (small
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PharmaCARE: Ethics and Corporate Responsibility in the Workplace and the World PharmaCARE: Ethics and Corporate Responsibility in the Workplace and the World In any type of business or organization there are ethical issues, conflicts, and successes revolving around relationships. It is those relationships considered one of the key areas of making the business function. The relationships between customers, the employees, managers, supervisors, shareholders, investors and suppliers all shape the course
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decisions of PharmaCARE’s use of the diabetic drug AD23 in slowing the progression of Alzheimer’s disease. The drug was reformulated to maximize its effect on Alzheimer’s treatment however, PharmaCARE took actions to avoid the Food and Drug Administration in the reformulated drug for Alzheimer. PharmaCARE setup its own pharmacy company CompCARE to sell the new formulation to the public. CompCARE was able to take advantage of PharmaCARE’s databases, networks, and sales and marketing expertise to
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