Code Of Ethics - Research Paper Example

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Code Of Ethics

After a few weeks, the company introduced the capsules in a new better packing and announced that it was ready to buy back all the previous drugs from the customers. It continued its cooperation with the media to gain support from the customers and even established a customer hot line exclusively for this purpose. In the spring of 1983, the research showed that 93 percent of the customers think that the company did a good job in handling the crisis.“Unfortunately, the executives of the company found themselves in another crisis when a 23 old woman died after taking a cyanide-laced Tylenol capsule in 1986”. This time the company decided to bear the cost of 150 million US dollars in order to replace all the capsules with caplets. Throughout the history of the company, there are various other examples, where it has followed its Credo boldly and earned the reputation of the one most ethical and socially responsible company in the world. Once again, if the company has taken the decision to avoid or exploit the issue, it would have never ever gone to become what it has become today.After a few weeks, the company introduced the capsules in a new better packing and announced that it was ready to buy back all the previous drugs from the customers. It continued its cooperation with the media to gain support from the customers and even established a customer hot line exclusively for this purpose. This time the company decided to bear the cost of 150 million US dollars in order to replace all the capsules with caplets. ...Show more

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The essay "Code Of Ethics" describes Johnson & Johnson is one of the world's largest and most famous pharmaceutical, medical devices and consumer goods manufacturers operating in 57 countries and thanks to the product in more than 175 countries around the world, (2011)…
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