Ethics2 - LEB Assignment #2 Johnson & Johnson Over the...

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LEB Assignment #2 Over the years, I have seen companies that have lied to consumers, hid information, and acted illegally. It makes me question, is everyone doing something wrong? Johnson & Johnson is another company that has been unethical. Their Credo clearly states “we must provide competent management, and their actions must be just and ethical.” So why is it that they continued to make illegal kickbacks to Omnicare Inc. to increase sales? Is their a misunderstanding that leads them to assume ethical is equivalent to illegal? It angers me that these companies continuously struggle to grasp the concept that being ethical is the way to be. There are many examples that shows them what happens if something illegal is done; fines amounting to millions of dollars, the closing of companies. So why is this still being done? Johnson & Johnson scenario could have consisted of decreasing sales, which led to Omnicare’s kickbacks. It could have been seen as a win-win situation. Omnicare
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This note was uploaded on 08/18/2011 for the course LEB 323 taught by Professor Baker during the Spring '08 term at University of Texas at Austin.

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Ethics2 - LEB Assignment #2 Johnson & Johnson Over the...

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