Unit 45 Business Ethics and Analysis for Pharmaceutical Industry

Unit 45 Business Ethics and Analysis for Pharmaceutical Industry (Diploma In Business)

Task 1

1.1 Importance of ethics in pharmaceutical industry

1.2 Ethical Issues faced by the Industry

2. Critical Business situation & Decision

3. Stakeholder impact analysis

3.1 Identification of stakeholders

3.2 Stakeholder impact analysis

3.2.1 Employees

3.2.2 Government

3.3.3 Shareholders

3.3.4 Customers

4. Ethical analysis

4.1 Normative theories

4.1.1 Consequentialist theories

4.1.1.1 Utilitarian

4.1.1.2 Egoism

4.1.2 Non-Consequentialist theories

4.1.2.1 Ethics of duty:

4.1.2.2 Ethics of rights and justice

4.2 Virtue ethics:

4.3 Triple font theory

4.3.1 Moral object:

4.3.2 Intention:

4.3.3 Circumstances and consequences:

5. Recommendations of policies

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