Unethical Business Research Conduct
Business research is conducted for many reasons that are dependent on intended recipient of the research. For business marketers, research might include customer surveys of focus groups. When the research is for the development of a product, it can have a scientific basis and when it comes to stakeholders the research may include financial projections. This paper will therefore look at an article that focuses on some of the unethical business research conduct. The paper will clearly highlight some of the unethical research behavior that is involved and the people who are affected by these unethical research behaviors. The paper will further highlight how the unethical behavior has affected the organization, individuals and society at large. Finally a conclusion will be made on how the unethical behavior can be avoided or resolved.
The article "The case of Neurontin; Skewed Research in service selling" is an example of some unethical business research conduct that some pharmaceutical companies use when they intend to prove that their products are safe and effective. They therefore engage in practices that are suspect professionally and morally unethical. Neurontin, manufactured by Pfizer and Parker-Davis is a brand name for a drug gabapetin. It is a drug whose approved use is the treatment of epilepsy and post hepatic neuralgia though physicians prescribe Neurontin off-label for a wider range of conditions that include hot flashes, insomnia and certain types of tinnitus. The off-label uses have greatly increased and even supersede the...
Unethical Business Research Practices What unethical research behavior was involved? The antitrust case brought by Wal-Mart and other retailers against Visa and MasterCard in the U.S. Eastern District court, was settled in 2003 for $3 billion and primarily involved a dispute concerning the efficient pricing of access to payment information, including security data that confirmed or refuted the transactional identities of cardholders (Roberds & Schreft, 2009). In their pleadings, Wal-Mart and other
In the case of Enron, upper-level executives went too far. By blatantly lying on numerous occasions about the value of their stock, participants like CEO Kenneth Lay overstepped the boundaries of utilitarian lying. Many studies have been conducted on the relationship between ethics and profitability in the business world. Studies indicate a "positive but not definitive" relationship between ethical behavior and financial success (Webley and More). Especially in the wake
Also people enjoying decent salaries with huge remuneration believe that their level of performance is so high that they are working on low salaries. (Vickers, 2005) at the time of the boom during the 1990s because of the unparalleled stock options, the high ranked managers possessed immensely more monetary inducement to influence the earnings report compared to the executives in the pervious years. These inducements sometimes surpassed the CEO
Since the monopoly controls so much of the market share, the producers of goods have no choice other than to sell to the firm at lower prices, meeting their demand. This causes the market to stagnate, in that the producers of the goods must increase their production, but lower their margins (Federal Trade Commission, 2002). The same occurs for merged companies. Regardless of the type of merger, the end result
Global Risks Climate change is something affecting all countries, with particular relevance to low-lying coastal regions. Island nations in the Indian Ocean, for example, and the dozens of nations in the Caribbean are at risk of inundation not just from the constantly rising sea levels from melting glacial ice in polar regions. Climate change leads to warming ocean waters, which in turn lead to more frequent and more severe storms. In
Business Ethics Business Law Business ethics are a very important part of the entire business process. It is important to have a firm understanding of the ethical rules of the game in order to perform the best. The purpose of this essay is to discuss and highlight some of the more important effects that ethics plays in business and business law. The essay will discuss the corporation's role within society and
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now