what companies are doing?
You then need to watch a YouTube video presentation on my chosen topic and then post the presentation summary in the dialog box. Your summary must consist of at least one paragraph of reasonable length (7-9 sentences). Your post must include the following (in this order):
1, Title (topic)
2. Summary of the presentation
3. Link to the video
You may, at your discretion, watch multiple videos on your chosen topic. In that case, you must provide the links to all the videos. I list some resources that you can know some detail about this topic.
Topic： WHAT COMPANIES ARE DOING？
Most firms today have strong written codes of ethical behavior; companies also
conduct training programs to ensure that employees understand proper behavior
in different situations. When conflicts arise involving profits and ethics, ethical
considerations sometimes are so obviously important that they dominate. In
other cases, however, the right choice is not clear. For example, suppose that
Norfolk Southern’s managers know that its coal trains are polluting the air, but
the amount of pollution is within legal limits, and further reduction would be
costly. Are the managers ethically bound to reduce pollution? Similarly, several
years ago Merck’s research indicated that its Vioxx pain medicine might be causing
heart attacks. However, the evidence was not overly strong, and the product
was clearly helping some patients. Over time, additional tests produced stronger
evidence that Vioxx did pose a health risk. What should Merck have done, and
when should Merck have done it? If the company released negative but perhaps
incorrect information, this announcement would have hurt sales and possibly
prevented some patients benefitting from the product. If the company delayed
the release of this additional information, more patients might have suffered
irreversible harm. At what point should Merck have made the potential problem
known to the public? There are no obvious answers to questions such as these, but
companies must deal with them, and a failure to handle them properly can lead
to severe consequences.
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