Merck$-$ SIMAC $($Stakeholders$,$ Issues, Models, Application, Conclusion$)$

Summarize the Facts and Identify the Ethical Question$($s$)$; Application$-$ Human Rights;

Step $1$: Identify the Ethical Question$($s$)[$the ethical q that comes up in the course of a business decision$($s$)-$ can be expressed in more than one q$]$

Step $2$: Perform SIMAC analysis:

STAKEHOLDERS $($actual and potential$)$: What is the effect of the decision$/$ethical question on each group, how was$/$will each group be effected?

A$.$ SHAREHOLDERS$/$INVESTORS

B$.$ EMPLOYEES

C$.$ CUSTOMERS

D$.$ MANAGEMENT

E$.$ SUPPLIERS

F$.$ COMMUNITY $($local$/$regional$/$national$/$international$)$

ISSUES $[$Or$,$ FACTORS $-$ what facts$/$questions$/$policies were or will be considered in making the business decision and the ethical problem$]$

A$.$ INDIVIDUAL FACTORS $[$look at the specific individuals or groups in the case study$]$

B$.$ CORPORATE FACTORS $[$e$.$g$.$ corp. culture, adopted business policies and practices $-$ ethical, employee training$/$mentoring$,$ whistleblower protections, audit$/$financial controls, social responsibility etc., prior$/$historical business decisions$]$

C$.$ SYSTEMIC FACTORS $[$these are outside things that may impact business ethical decision e$.$g$.$ economic institutions; regulators; NGOs e$.$g$.$ environmental, $\text{'}$Me Too'; other countries; trade policies$/$treaties$,$ agreements; political structures; governmental bodies; laws$/$legal institutions; media; other$]$