Mentor’s comment-
- In the introduction discuss the stakeholders involved, identify the ethical concerns in the case.
- In the body suggest what are the possible solutions and alternatives available to you. Suggest the best possible way that can address all the stakeholders equally.
- Conclude with suitable solutions.
Comments
14 responses to “One of the scientists working in the R & D laboratory of a major pharmaceutical company discovers that one of the company’s bestselling veterinary drugs, B has the potential to cure a currently incurable liver disease that is prevalent in tribal areas. However, developing a variant of the drug suitable for human beings entailed a lot of research and development having a huge expenditure to the extent of R 50 crores. It was unlikely that the company would recover the costs as the disease was rampant only in poverty-stricken area having very little market otherwise. If you were the CEO, then— (a) Identify the various actions that you could take; (b) Evaluate the pros and cons of each of your actions. 10 marks”
Please Review OrderID – ~0000232028
Hi Parakh
First thing adhere to word limit, try to complete your answer in maximum two pages.
Good introduction.
Ethical issues and dilemmas can be merged, it will save you some words.
The various actions which can be taken by you as CEO are:
-to adhere to my obligations and professional ethics, which is to serve my company and to garner
its maximum profit.
-Taking support of Government by the Viability gap funding.
-Raising money through finance market.
-Collaborating with foreign company
Evaluate these steps then conclude with a fair and balanced approach.
Good conclusion.
Overall a decent attempt.
Deducting your marks for exceeding word limit.
Keep working hard !
Order no. #0000233081
Hi Dakshina
Good introduction.
If you are making a flow chart, then there is no need to give heading.
Stakeholders and ethical issues involved are well explained.
Always remember that profit making companies have to spend a prescribed percentage of their profits on CSR. If the company is making enough profits, this will be an ideal solution.
The content is good and well placed.
In the course of action,also add you will appeal to the public through media and NGO’s for collaboration and funds through sale of products.
Good conclusion.
Work on handwriting.
Keep writing, you will succeed.
Payment ID: #0000230867
Hi Deepika
Good introduction.
You have explained the ethical issues and stakeholders involved in a good manner.
Use of flow charts is appreciable.
In the course of action, also write that compromises have to be struck between the profit motive of your company and the public good in a way that both benefit from each other in a complementary manner.
Always write a balanced approach.
Good conclusion.
A decent attempt.
Avoid scribbling.
Keep writing, you will succeed.
#0000236123
Hi Uttam
The case presents a dilemma of a CEO who has to ensure the profitability of the drug company meanwhile being compassionate and trustee of the society in which the company is located too.
Work on sentence formation to get better marks.
Do not write directly the action you will take, first write the possible approaches, then conclude with a balanced approach.
The various actions which can be taken by you as CEO are:
-to adhere to my obligations and professional ethics, which is to serve my company and to garner
its maximum profit.
-Taking support of Government by the Viability gap funding.
-Raising money through finance market.
-Collaborating with foreign company
-appealing to public through media and NGO’s for collaboration and funds through sale of
products
Work on content, brainstorm before wriitng.
Avoid grammatical mistakes.’
Do not get demotivated by the marks, keep writing, you will improve.
MOJO0204R00N55952566
Hi Chester
Good introduction.
Write the stakeholders involved and ethical issues in the case study,
Then write the possible approaches.
Follow a proper structure to get better marks.
Avoid using unnecessary capital alphabets in between of a sentence.
Underline keywords to convince examiner easily.
In the course of action, also write that compromises have to be struck between the profit motive of your company and the public good in a way that both benefit from each other in a complementary manner.
Good conclusion.
Keep writing , you will improve.
pay_FDALbw6305ZjIX
Hi PS
Good introduction.
You have explained the ethical issues and stakeholders involved in a good manner.
The various actions which can be taken by you as CEO are:
-to adhere to my obligations and professional ethics, which is to serve my company and to garner
its maximum profit.
-Taking support of Government by the Viability gap funding.
-Raising money through finance market.
-Collaborating with foreign company
-appealing to public through media and NGO’s for collaboration and funds through sale of
products.
Conclude with a balanced approach.
In the course of action, also write that compromises have to be struck between the profit motive of your company and the public good in a way that both benefit from each other in a complementary manner.
Avoid using short forms.
Keep writing !
Payment id : #0000237030
Hi Unnati
In the introduction, briefly explain the case study, you can write The case presents a dilemma of a CEO who has to ensure the profitability of the drug company meanwhile being compassionate and trustee of the society in which the company is located too.
Stakeholders and ethical issues are well explained.
You have written the possible approaches in a good manner, keep it up !
In the conclusion ,write that compromises have to be struck between the profit motive of your company and the public good in a way that both benefit from each other in a complementary manner.
Work on handwriting, write neat and legible.
Keep working hard, you will succeed.