Revisit the opening vignette at the beginning of this chapter. Assume you have started a new job

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Revisit the opening vignette at the beginning of this chapter. Assume you have started a new job as a junior manager at a pharmaceutical firm. Management is considering having clinical trials of a new medication performed by a subcontractor in Russia. What are the benefits and specific strategic goals that your firm can achieve by undertaking global sourcing? According to the opening vignette, conducting clinical trials in Russia can be risky because quality control is sometimes lax. Testing is occasionally done without adequate oversight. Some breakdowns in ethical and scientific processes may compromise the reliability of findings from clinical trials. What should you do? Using the Ethical Framework in Chapter 5, analyze the ethical consequences of subcontracting clinical trials to the Russian firm.

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International Business and the New Realities

ISBN: 978-0136090984

2nd Edition

Authors: S. Tamer Cavusgil, Gary Knight, John R. Riesenberger

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