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Exam - Essay Example

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a) The institution chosen is a pharmaceutical company which is dealing in a painkiller drug and the drug has chemical that have negative long term health effects to the users. This is an ethical, moral and even legal issue and the decision I make as the company owner and manager…
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is the pros and cons of withdrawing my services and return all the money paid by the pharmaceutical company or continue with the project and turn a blind eye to the side effects of the drug.
I would not continue with the project because of guilt conscience that would torment me for the rest of my life considering that I may have contributed to the death or paralysis or even permanent brain damage of an individual due to my greed for money and fear or being bankrupt, which all add up to selfishness and individualism. It will also mean that I will be looking over my shoulders each time and jumping every time I hear police siren for fear of being incriminated as a participant. It is therefore better for me to be declared bankrupt than to “kill” humanity and live with anxiety and torture for the rest of my life.
b) Avoidance of such a situation in future is by carrying out a complete background check on the clients before entering into any contracts with them. This will ensure the protection of the business and all the personnel there and also act to uphold the integrity of the firm or company. A blemish in the background check that could have serious implications for the firm in future should not be ignored. It is better to lose that contract then than to have future problems like the one discussed above.
c) If such a scenario as the one presented above is unavoidable, it is better to have damage control strategies like having lawyers for the firm who can defend the firm in case things go haywire in future. The other way is to have an exit strategy like having invested in other types of businesses or having money saved somewhere which you can use to start a new business elsewhere. Insurance cover also comes in handy in such a situation and all these are measure to protect you, the staff and the business or firm.
a) Encryption is codifying information so that others cannot be able to access it or understand it without having the code specially made for that ... Read More
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