Sackler Family Business: Analysis of Unethical Conduct and its Impact

Sackler Family Business

Table of Contents
EXECUTIVE SUMMARY.............................................................................................................3
INTRODUCTION ..........................................................................................................................3
ANALYSIS......................................................................................................................................3
CONCLUSION................................................................................................................................6
RECOMMENDATIONS.................................................................................................................7
REFERENCES................................................................................................................................1
.........................................................................................................................................................1

EXECUTIVE SUMMARY
Attachment is going to show that how an organisation can survive or how it cannot while
performing the operations considering the unethical conduct. For which the given case is
considered which has misrepresented the facts and their misconducted in their marketing
strategy. As a law student the success in terms of shareholders, board members, revenue and
public confidence are studied. In the report individual analysis is done from the context of the
success in terms of shareholders as they are the one who has invested in the company, in terms of
board members who has to take decisions for the company, in terms of the public confidence as
the resources of the society are used by the companies. Such analysis helps the businesses to
regulate their behaviour by implementing ethical practices. This further helps the businesses in
making their employees work ethically. On the basis of such analysis and study
recommendations are provided to the company which will help them to promote ethical conduct.
INTRODUCTION
In present time, every single business organisation is looking forward to attain a good
image within the market so that they could earn profits, develop customer base, gain competitive
advantage and so on. Basically, this can only be performed through following the code of
conduct developed by government so that operations can effectively be done in an ethical
manner. If it is talked about success of the organisation in within a particular market they can
identify the opportunity in the other. Moral practices of the organization improves their goodwill
which increment their odds to be effective. For this situation, the pharma organization
considering which is claimed by Sackler family was restricted for a long time for their deceptive
practices and they were blamed for distortion and offense with respect to the prescription named
'OxyContin'. The drug of the organization was a solid torment executioner for which they dealt
with different indictments. The untrustworthy direct was forceful advertising procedure and
propelling of the prescription in the incorrect manner which is the reason individuals began
utilizing it as medication. Because of which they confronted an issue of addictiveness that may
raise negative health issues (Moffett, and Mill, 2014). While the organization asserted that the
assembling was great however to the medication appropriately is the obligation of the shopper.
The fundamental point of this report is to recognize 'what can an association do to secure them