Business Ethics and Responsible Management

BUSINESS ETHICS AND
RESPONSIBLE
MANAGEMENT

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................3
PART 1............................................................................................................................................3
A) Short report to senior manager...............................................................................................3
B) Types of ethical theories.........................................................................................................6
PART 2............................................................................................................................................8
CONCLUSION................................................................................................................................9
REFERENCES..............................................................................................................................10

INTRODUCTION
Ethics are the values and beliefs which the employees and customers have and have to be
followed in a business environment so that there is going to be a good functioning. This is going
to make the business environment have a good functioning for them and get a competitive
advantage. Businesses in the market want to have a good reputation and portfolio for themselves
in the market which is going to make the sales and the organization have more market share.
Johnson and Johnson has 134 years of experience so that there is going to be a good functioning
and make the right decisions for themselves so that there is going to be good functioning.
Johnson and Johnson has a very good reputation for themselves in the market so that there is
going to be good functioning and the portfolio of the organization so that there would be better
operations. The report is going to discuss the ethic values and the misuse of those for the
customers. Making the same mistake due to which market share is lost by the organization.
Measures the managers and leaders must focus upon so that there is going to be better operations
and functioning for the future.
PART 1
A) Short report to senior manager
Johnson and Johnson’s which is operating in New Jersey, United States has developed a
platform for themselves in the market amongst the competitors in the market. It is very essential
for the company to be able to operate effectively in the market so that there is going to be a better
functioning. The company has an experience in the medical field since they belong from the
Pharmaceutical medical devices industry. There is a lot of competition in this field as well but
Johnson and Johnson has developed a strong base of market share for them in the market. It is
because the reputation of the organization is so high in this field the company will have to be
sure of the products they are coming up with. The issue with Opioid is that the medicine is very
addictive and giving such medicines to the population is not safe and should only be given at
doctors prescriptions (Camilleri, 2017). Johnson and Johnson did not focus on the formula and
used this medicine for the people to feel relief of any kind of pain they were in which made the
company face this huge damage. The organization will have to pay $572 million to the state