Write a paper about Legal and Ethical Considerations in Marketing, Product Safety, and Intellectual Property

Write a paper in which you:

Research ethical issues relating to marketing and advertising, intellectual property, and regulation of product safety

Argue for or against Direct-to-Consumer (DTC) marketing by drug companies.

Determine who regulates compounding pharmacies under the current regulatory scheme, what the Food and Drug Administration (FDA) could / should have done in this scenario, and whether the FDA should be granted more power over compounding pharmacies.

Decide whether PharmaCARE’s use of Colberian intellectual property would be ethical in accordance with:

Utilitarianism

Deontology

Virtue ethics

Ethics of care

Your own moral / ethical compass

Analyze the way Pharma CARE uses U.S. law to protect its own intellectual property while co-opting intellectual property in Colberia.

Suggest at least three (3) ways the company could compensate the people and nation of Colberia for the use of its intellectual property and the damage to its environment.

Compare PharmaCARE’s actions with those of at least one (1) real-world company whose creativity in skirting legal technicalities led to ethical lapses and financial loss.

Determine the success PharmaCARE and WellCo shareholders would have in suits against the companies.

Determine whether or not PharmaCARE lives up to its brand. Support the response.

Recommend at least three (3) changes PharmaCARE can make to be more ethical going forward.

Use at least three (3) quality resources in this assignment.

Your assignment must follow these formatting requirements

Answer rating: 100% (QA)

Ethics in Marketing Advertisement Ethical standards for every business are important especially in this modern age of internet where information tends to stay accessible to anyone False advertising is ... View the full answer