Question: Ethics is a term that is nebulous and not always easy to define. However, most people know an unethical act when it is presented. Here
Ethics is a term that is nebulous and not always easy to define. However, most people know an unethical act when it is presented. Here are a few cases of unethical behavior.
The CEO of Turing Pharmaceuticals, Martin Shkreli, quickly went from utter obscurity to being the world's most hated chief executive by buying a company that makes a lifesaving pharmaceutical and promptly raising the price from $ to $ per tablet. Most recent update: Shkreli has been arrested, for fraudulent activity unrelated to his pricegouging. Few tears are being shed, even among those who would defend his pricegouging as an unremarkable sideeffect of an otherwisebeneficial free market.
Volkswagen was in the news for unethical behavior on a massive scale. Volkswagen's installation of a software "defeat device" in million Volkswagen and Audi diesel vehicles sold worldwide has led to a massive vehicle recall and an admission of guilt that has surprised many. Volkswagen misled the EPA and the CEO was terminated.
Find a case of unethical behavior and explain it to the class. Also, find an international company that you believe behaves ethically. Hint: On company websites you will see the corporate responsibility as indicated by the company
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