Glaxosmithkline By Ethan Watters

1693 Words7 Pages

Ethical dilemmas are related to your moral principles on whether you think something is right or wrong. When dealing with certain situations it can be difficult to make decisions because of your morals. Sometimes it can be hard to choose the right thing to do in some situations, but that all depends on your morals. In some cases, people choose to do bad things while they are fully aware of what they are doing because of how it will benefit them. There are many ethical dilemmas attached to free market, because the main concern for corporations is whether or not they make money, and they will do everything they can to insure that a profit is made. Even if what the corporations do goes against their morals, as long it promises them a profit, it …show more content…

From this they learned that the Japanese people frowned upon depression and the people that had it. This was vital information for GlaxoSmithKline because they wanted to release their new antidepressant pill, Paxil, to the Japanese market. The pharmaceutical company, GlaxoSmithKline, knew they could not release their new drug, to the Japanese market because of how they looked at depression. The Japanese people believed that depression was some rare disease. Watters explained how the people of Japan didn’t want to accept the disease entirely, they had a different conception of depression than in the West which would result in a very little amount of people that would actually want to take the drug that is associated with depression. GlaxoSmithKline knew that if they were to release their pill while the Japanese people had the mindset that they did, their company would not make any money. So, what the pharmaceutical drug company did was try to learn what the culture was like and see how they could change it. The ethical dilemma with this was the fact that the wanted to change how an entire culture thought and what they believed in. GlaxoSmithKline wanted to be able to profit off of their product, but in order for them to do so the company would have to alter the views of the Japanese people.GlaxoSmithKline changed their way of …show more content…

Watters, Stiglitz, and Moss all show how this is true. Watters shows how a pharmaceutical company will plan out and strategize how they can try to change and entire cultures view on depression in order for them to release their antidepressant so the company could profit off of it. While Stiglitz explains how business people in general have multiple different ways of taking money that is not their own or cheating other people out of their money. Lastly, Moss shows how food companies will put the general public at major health risks by putting a over excessive amount of salts, sugars, and additives to their food so it could taste better and look more desirable. Since the main focus of businesspeople is to make money, so they will do whatever is in their power in order to insure that they will continue to make a profit. Whether the corporations are doing something right or wrong doesn’t really matter to business people as long as they are making a profit. In most cases, corporations choose to the wrong thing, something that would usually go against their morals, because they need to make money. Since increasing their wealth is their main focus businesspeople do not really have morals to help them make decisions, because if they did it would get in the way of their