Banerjee (2009) explains that despite research being the basis of the industry’s product development, pharmaceutical companies still spend more than twice on marketing as much as they spend on research and development. This establishes a motivation into ethical manners such as corporate social responsibility that is likely to develop associations with consumers and establish a competitive edge into profitability. Consumers would appreciate the responsible initiatives and prefer organizations’ products for their social actions and increased sales volume, into higher profits, over competitors would be the consequence. The fear possible and unfavorable legal regulations should organizations fail to act ethically is another reason for my belief that pharmaceutical company would consider ethical manners, even in the absence of legal rules. Legal regulations may induce mandatory cost of compliance that would otherwise be avoided. Failure to comply with legal regulations, even if it is accidental, may attract monetary policies, unlike failure to comply with moral rules and in order to avoid possibility of such fines and possible deregistration, pharmaceutical companies would prefer to operate ethically (Lamb, Hair, and McDaniel, 2011). Profit motive and the need to avoid legal regulation would therefore dictate ethical
Political, legal, and social forces are some of the major factors to an organization’s external environment and may operate independently or have interaction effects. This suggest that even in the absence of legal factors, social factors such as moral principles can regulate…
The creation of the federation and all the activities it has made since then has legal basis or framework. This legal basis is the federal law. The federal laws are laws which are proposed, amended, approved and promulgated throughout all the federal states, which in the case of UAE are seven emirates (Abu Dhabi, Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain).
For this particular case, whereby an individual is interested in developing small control aircrafts to expand his/her business by competing for Department of Homeland Security contracts; there are numerous low-interest loan program that offer startup financing.
The structure, roles and the responsibilities of the Federal Reserve has undergone rapid changes over the years which have been mainly stimulated by the events like the Great Depression, Global Financial Crisis, etc. The structure of the Federal Reserve System is composed of a governing board, the open market committee, regional Federal Reserve banks, privately owned banks in US and the advisory councils.
The failure by institutions to prevent terrorism led to the 9/11 bombing, some of the reasons why these institutions failed include the failure to share information among agencies, failure to prioritise terrorism and the use of outdate technology and techniques in preventing new forms of terrorism.
One of these exceptions, the Discretionary Function Exception (DFE), prevents government liability in numerous cases due to its vague use of the term discretion. This paper examines the history and creation of the FTCA, its
Due to these illegal acts digital rights are used to stop these kinds of activities.
The law enforcement agencies and the federal agencies are facing new challenges due to the increase in the use of technology by criminals and
The paper further gives suggestions on how to curb these crimes. In the current digital world, online communication has become the norm, users of internet and government institutions have accelerated the possibility of being targeted from the cyber crimes normally associated with the computer world (Stohi & Grabosky, 2010).
It is further aimed at establishing the provisions of the Federal Regulations on occupational alcohol use. Lastly, the research will recommend measures that can be taken by employers to ensure safety at the workplace.
Occupational Health and Safety Rules in an organization ensures that the safety of workers, clients and other stakeholders is not jeopardized. Some of these rules apply to global or international organizations hence are adhered to by all organizations. Various countries
4 pages (1000 words)Essay
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