Ethical social responsibility of corporations

Assignment Help Business Management
Reference no: EM133073904

Question

The makers of OxyContin, Purdue Pharma, recently agreed to pay the State of Oklahoma $270 million to settle allegations that they helped create the opioid crisis through their aggressive marketing practices.

Discuss the ethical social responsibility of corporations in such situations, including to whom duties are owed and measures such firms may use to limit their liability. Is the five-step analysis from the text useful in this situation?

Reference no: EM133073904

Questions Cloud

Contracting and the far : You are contracts officer for Internal Revenue Service and that your supervisor has tasked you with procurement of new software system for processing tax retuns
Small-business-serve government well : Imagine you are a small-business owner. You have a great product that you believe would serve the government well.
Text presents five signs of organizational culture : The text presents five signs of organizational culture: mission statement, stories and language, physical layout, rules and policies, and rituals.
Montana mountain biking : Secondary and credible sources such as CNN Money, The Wall Street Journal, trade journals, and publications in EBSCOhost
Ethical social responsibility of corporations : Discuss the ethical social responsibility of corporations in such situations, including to whom duties are owed and measures such firms
Would the law be struck down or upheld : Assume that the State of Florida passed a law banning the importation of baitfish. Would the law be struck down or upheld?
Animal rescue annual adoption event : You have been working with a hypothetical project for the Lucky Me Animal Rescue's annual adoption event.
Ecological footprint calculator measure : What does the Ecological Footprint Calculator measure? How do you think your ecological footprint compares to people in other parts of the world?
Why do you consider this person to be an entrepreneur : Why do you consider this person to be an entrepreneur? What sets him or her apart from other business leaders?

Reviews

Write a Review

Business Management Questions & Answers

  Climate change pose to the food security

There is no question that the Earth's food sources are threatened by changes in its weather patterns, but what specific challenges does climate change pose to t

  Estimate the average customer wait before being served

Estimate the average customer wait before being served. - How many e-mails would there be, on average, that have been submitted to the online retailer but not yet answered?

  Executed for the manufacturing of products

Critically discuss the five (5) different operational processes that can be executed for the manufacturing of products.

  Factors affecting supply chain technology in organisation

1.1 Information sharing can radically improve the way global companies and their partners do business, especially in the wake of increasing globalization and ou

  Internal and external assessment methods the same

In what ways are the internal and external assessment methods the same? What is the value of some of the assessment methods that are unique to internal staffing?

  How companies segment international markets

Explain how companies segment international markets. Name and describe the types of consumer products and give an example of each. How does the marketing differ for each product type?

  What date is the cash discount valid until

AGM Accounting received an invoice dated Jun 4th. The invoice is for office equipment and is for $14,000 less 30%, with terms 4/15, ROG.

  Concepts of preload and afterload

Lasix "reduces extravascular volume by inducing diuresis hence decrease preload and the work of the heart in pumping blood is decreased hence prevent progression of heart failure." Briefly explain the concepts of preload and afterload.

  Design a control system that you think will best motivate

Design a control system that you think will best motivate salespeople to achieve these goals

  Upsides and downsides of diverse pool

Discuss the upsides and downsides of the diverse pool of mortgage products and how knowledge of how discount points, loan prepayment, APR & EBC operate, help a consumer avoid some common unforeseen errors.

  How to prepare for vacation

"Scratch outline" of the body of any essay by listing three main points on the subject of "How to Prepare for Vacation."

  Ethical standards in multicultural environment

Ethics tend to be context-specific. Different countries have different views of what is and is not ethical. As the leader of your organization, would you establish ethical standards in your multicultural environment

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd