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In articulating my response I have made the greatest effort to remain objective and refrain from imbuing the reasoning with personal morality or religious influence. Still, with personal reasons aside the risk associated with revising the report greatly outweighs the benefits. Recently, the risk associated with producing misguided reports was brought to light in the case of the Wakefield Paper Retraction. In this instance, “Two decades of an antivaccine movement were essentially built on this paper, creating a decrease in MMR vaccination and an increase in measles outbreaks…Despite countless other scientific studies…it’s been challenging to convince parents as to the lack of link between autism and the MMR vaccine” ("The wakefield paper," 2010). In this instance, the falsifying of the report created a paradigm shift that caused significant medical detriment to many individuals with autism. While this specific report may not have the wide-ranging implications of the Wakefield Paper, the potential for such a pervasive influence is an extremely viable concern.
Another major reason why it will not be ethically responsible to change the contents of the report relate to the potential of such a change to detrimentally harm individuals. When considering historical instances of such medical malpractice, there are many examples wherein such practices had long-term harmful effects. From as early as 1932, with the Tuskegee Syphilis Study where, “Researchers withheld treatment even when penicillin became widely available” (Resnik, 2010), it’s clear that the nature of medical responsibility is of the utmost importance. Numerous instances in the 20th century demonstrate instances where short-term financial gain was followed, and in later years detrimental consequences followed. In these regards, if the report were revised, while it might be possible for the company to gain short-term market share and a competitive
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Business ethics, also at times referred as business law, may be defined as the overall study of the activities and operations in which a few rights and wrongs regarding the financial as well as overall market position of a company are stated. Business ethics enhances human interactions, which take place during the life cycle of a product or a service.
If an organization’s leading moral principles could not distinguish between what is right and what is wrong or when values are in conflict, then it is in a situation called an ethical dilemma. However, most of the time, an ethical dilemma has no absolute answer because determining right and wrong is a subject matter of what the organization believes.
Ethics in simple terms covers the aspect of a good conduct and proper living. Ethics is correlated with morals and principles that are to be followed in order to demonstrate a responsible and conscientious behavior. Ethics is a part of everything that we do and ethical implications are to be taken care of in almost every professional field.
Insiders, who have only been identified as a “GS account”, had information about the acquisition of Heinz by Warren Buffet suddenly bought several shares of the company and the increased demand of the shares caused an upward surge of more than 7.5 percent in the shares of the company which had been consistently trading at the same price level for the past several months.
Commerce depends for its very existence on the ethical behavior of the vast majority of participants. It requires that contracts are honored, private property is respected, and promises are kept. It relies upon the unspoken sentiments of fair play and camaraderie.
Thus, many organizations have been widely involved in cutting some costs in order to reduce the negative impact of uncertain economic condition on its profitability and survive successfully. In this regard, organizations are finding reducing staff or downsize and layoff of jobs
From the findings of the study, 90% of the participants agree that the chances of having an ethical or moral dilemma with their patients are very high. Some who deal with serious patients such as chronic diseases claim that the moral dilemmas are an everyday issue and that they have learnt to understand their patients, the patients’ families.
All the options in this case are mostly unpleasant. Weston’s definition of such ethics has no definite reference to reason (Timmons 12). However, he feels it is a concern that has legitimate expectations and basic needs to others and to us. On the other