University of Phoenix
10th august 2011
Many companies suffer not only in the public, but financially in the long run because
of greed for shortterm gain. When the FDA requires specific ingredients in a medication
that is out on the shelves it is up to the company to both pull the medication off the shelf,
and sell it elsewhere tomake up the difference the company would lose, place appropriate
labels on the medication, or even pull the medication and destroy it. When going over
my personal ethics and the company code ofethics it was easy for me to decide that
should pull the medication off the shelves and destroy it preventing harm to not just
people in the U.S but in other countries where the drug could besold.
The relationship between concepts of virtue, values, and morals are virtually the same.
When speaking about virtue in the business environment it is to be righteousness or
goodness. Values would be the rules of the company and morals would be how we judge
others at the company. Results from the FDA came back that the medication that was
already on the shelves in thestores were no longer safe. It is the virtue in me about
doing what is right for the good of the people that would help me make a decision on
what to do. The company has rules that serve as thevalues for the company. Values
help make a decision on what is good for the company short and long term. A company
will always be in the media when there is an issue with a medication thataffects the
community. Morals allows the evaluation of judging not just on myself, the company, but also the community, and what the community would want to see happen.
If virtue,values, and morals are not considered together when making a decision that
effects not just you as a person and the company in its entirety the company may suffer all
the effects of making bad...
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