Business Ethics and dilemma Essay

1. Review the assigned readings from the text and article by Carroll (1991). 2. Prepare a 3- to 5-page piece titled, collective genial Responsibility. 3. Reflect upon your text readings from Chapters 1 and 9 with a focus on the following heart and soul concepts Organizational Social Responsibility (Chapters 1 and 9)The Ethical Decision-making Process (Chapter 1)Corporate Reputation (Chapter 9)The Corporate Social Responsibility Pyramid (Chapter 9)The Importance of Trust (Chapter 9)The Pyramid of Corporate Social Responsibility (article by Carroll and Chapter 9) 4. state The Merck and River Blindness Case at the end of Chapter 9 of your text. 5. Compose your paper in Microsoft Word. Include your name, the concession name and number, the course and section number, and the date on your title page. Follow APA guidelines for formatting and citations.. comment Your paper must meet the minimum requirements as outlined in the section of Weekly Written duty assignments of the Assignme nt Guidelines and the grading criteria of this assignment. You are to provide a minimum of 2-3 references in your work. For this assignment, use of general google.com or meshwork search references is not acceptable. Use the university librarys scholarly databases. 6. Respond to each of the following questions and statements Stakeholders erect a list of all key stakeholders that you perceive to have a bona fide interest in the Merck companionships dilemma. Corporate Social Responsibility PyramidFrame the Merck companys ethical dilemma within the Corporate Social Responsibility Pyramid. E.g. State concisely the key economic, legal, ethical, and philanthropic responsibilities. As a focal point, compare and contrast the economic implications against the ethical and philanthropic good wills. Organizational ValuesState briefly and specifically whether the decision to a) proceed with the drug project or b) not to proceed with the drug growing best fits withthe companys declared organ izational values and its principles of profitability. Stakeholder Impact and TrustIf the drug developing failed and cost hundreds of millions of dollars, would that harm to the company and its stakeholders be justifiable? If Merck decided not to pursue organic evolution of the bare-ass drug, what implications do you see this having for stakeholder relations such as the scientists who desire the development. E.g. Is this a trust and leadership consideration? Final DecisionIf you were the CEO of Merck and the final decision on this risky new drug development was yours, what would you do and why? Justify your decision. Using Carrolls theory, are you comfortable stating your opinion to the board of trustees, employees, and media? NOTE Since this is an actual, real-life case, your focus should be on producing creative and new thinking that applies the ethical concepts to the material. Also, include an introduction and polish in your paper. You are encouraged to use the headings above in Action Item 7 in your paper for organizational purposes. 7. Submit your paper to Turnitin.com.NOTE Turnitin.com is used by Franklin University to assist students in sensing plagiarism. Turnitin generates a report within minutes of submitting your paper. Your results will not be e-mailed to you you must login to review your results. Submitting a paper ahead of an assignment deadline provides you with the opportunity to take action if you need to rewrite any take off of the paper. Your professor will provide you with a class ID and password as an e-mail or a Class Communication object.Submission InstructionsBy Sunday, upload your paper using the Submit tool. rate CriteriaContent and focus Response addressed the question(s) posed in a logical, cohesive manner 0 35 points Analysis and critical thinking Writing illustrates higher order critical thinking, analysis, synthesis, and/or military rank 0 35 points Writing style, grammar, sentence structure Sentences are consistently cle ar, concise, well written grammar and punctuation are correct 0 15 points APA and research Correct use of APA style in body of paper and appropriately references the text and/or other research sources 0 15 points