Business Ethics Case Study - Assignment

Added on - 04 Oct 2020

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Business Ethics
Table of Contents1. INTRODUCTION......................................................................................................................12. DISCUSSION ON THE ACTIONS AND IDEOLOGIES OF BUSINESS (B), SOCIETY (S)AND GOVERNMENT (G).............................................................................................................13. KEY ISSUES OF THE CASE.....................................................................................................24. VARIOUS STAKEHOLDERS INTEREST INVOLVED IN THE CASE................................35. ALTERNATIVE WAYS OF MANAGING CONFLICT...........................................................46. CONCLUSION............................................................................................................................6REFERENCES................................................................................................................................8
1. INTRODUCTIONBecton Dickinson, America's largest manufacturer of medical devices, instruments whichwas found in the year of 1897 by Maxwell Becton and Fairleigh S. Dickinson agreed over payingall its retractable. The amount which was paid $100 million dollars with the reason of damagethat inflicted over small manufacturers. In 1988, only 3-cc sized syringe was given with thesafety – lok feature. Early years of 20thcentury had been crucial for Becton Dickinson as anumber of issues like copying Retractable's design (Patent Infringement) of syringe, used andsold them using there own name and many more which impacted negatively on manufacturer'sreputation and dropped off the sales as well (Hoffman, Frederick and Schwartz, 2014). GPO(Group Purchasing Organisation) collaboration with BD helped in buying 90% of needles andsyringes which helped them in gaining reputation again in the market/2. DISCUSSION ON THE ACTIONS AND IDEOLOGIES OF BUSINESS(B), SOCIETY (S) AND GOVERNMENT (G)Ethics can be defined as a branch of social science which deals with social values andmoral principles(Michaelson and et. al., 2014). In context with business ethics, it is an essentialconcept which assists employers to run organisation by concerning on welfare of society. As perpresent case study on Becton Dickinson and Needle Sticks, business ethics can be classifiedaccording to different perceptions of business (B), society (S) and government (G). Present casestudy has revealed a critical evaluation of Retractable's revolutionary safety syringes. In lastdecade of 20thcentury, safety syringes had become a major problem when epidemic of AIDS,Hepatitis B and Hepatitis C started to pose peculiarly acute dilemmas for employees working inhospitals and hospitality institutions. Due to needle-stick and inappropriate way of using thisinstrument had spread infected virus of such diseases. Therefore, it had become a major issueand health workers were much threatened at that time because giving injection to patients inappropriate manner can threaten their own life as well. In 1990, Centre for Disease Control(CDC) had estimated that over 12,000 were exposed to blood contaminated due to needle-stick.Under this case scenario, from safety of Dickinson's needle-sticks, perceptions, valuesand ideologies of B, S and G were much different. In this context, society which include healthworkers, patients and other staff at health & care institutions, was seen to have no voice forspeaking for there own. In order to finalise a resolution of such an issue, these society members1
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