legal hw 4

legal hw 4 - 1.,inordertocompensate , .Tothis...

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1. Pharmakon’s Board of Directors has issued a statement declaring that, in order to compensate  for expiring patents and increased competition, the company now has two goals it must meet:  increase the number of new drugs brought to the market and cut back on the workforce. To this  end, Dr. Wilson has been ordered to significantly cut costs and reduce the workforce by 15% over  the next six months. Especially given the current economical climate, identify at least two ethical  issues raised by the Board of Directors’ mandate. One ethical issue is that employees’s race will be a considerable factor in  whether or not the employee is laid off or not. The problem is that the company would  like to maintain its high minority percentage but this might be difficult to maintain with  the layoffs. This means that layoffs might be less based on merit and more on race.  Additionally the company talked about laying off people based on seniority, since  getting rid of so many people could affect productivity. However this too is unethical  because that means people will be discriminated against purely because of age rather 
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This note was uploaded on 03/06/2011 for the course BUS 382 taught by Professor Hanrhan during the Spring '11 term at Marist.

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legal hw 4 - 1.,inordertocompensate , .Tothis...

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