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Case XYZ company
The XYZ company-operating in the days before the Federal Drug Administration wants to market a new sleeping pill. Since the company is in bad financial condition after investing some two million dollars to develop the drug, the directors want to rush the promotion to the general public. Research indicates that the drug, though effective, has harmful side effects on unborn children. The company decides to go ahead anyway and puts on a small label saying, "Not to be used by pregnant women."
The directors feel that this is enough warning. If they use more controls they feel that they will have to close the company and put some five hundred people out of work, of merge with a larger company which has been trying to buy them up for some time.
Question
Treat (Assume) yourself you are one of the directors in the XYZ Company. How would you handle this situation? Give your explanation in a highly ethical manner?
Explain the use of proportionality principles in narrowing the area of doubt in an ethical decision-making?
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