Drug and cosmetic act-controlled substances act

Assignment Help Business Economics
Reference no: EM13772827

Dewey Cheatham is the new Vice President of Marketing for a large online search engine company, Pottstown Innovative Enterprises (AKA, PIE). Dewey has been doing some research into how he can increase the Company’s revenues and thereby really impress the Company brass. During his research he came across an article about Brazilian pharmacies looking for an advertising vehicle to tap into the U.S. consumer market. Further research reveals that this could be a billion dollar venture and if PIE plays its cards right, it could make a substantial amount of money given its extensive advertising network. Dewey is super ecstatic about the possibilities and is salivating over what this could mean for his career with PIE.

Before Dewey pulls the trigger on this, he decides to consult with his legal department. The legal department tells Dewey the following:

1. The shipment of prescription drugs from pharmacies outside the United States to customers in the United States may violate the Federal Food, Drug and Cosmetic Act and in the case of controlled prescription drugs, the Controlled Substances Act.

2. The FDA cannot ensure the safety and effectiveness of foreign prescription drugs that are not FDA-approved.

3. Imported drugs typically do not meet FDA’s labeling requirements and may not have been manufactured, stored and distributed under proper conditions; and may not have been dispensed in accordance with a valid prescription.

4. The government has historically been very lax in enforcing the laws in this area and legally there are a few gray areas; therefore the risk of any prosecution may not be significant.

After the consultation with Legal, Dewey is confused as to what his decision should be.   If you were advising Dewey on the ethical implications presented by this case, what would you say to him? Specifically, what ethical problems and issues do you see?

Reference no: EM13772827

Questions Cloud

What are the arguments for abortion and against abortion : What are the arguments for abortion and against abortion? Give one example of arguments for each side based on a healthcare professional's codes of ethics of your choice
Design elements of a technical document : Design Elements of a Technical Document. The design of a technical document is a very important part of the development process.
Stakeholders utilize in the policy development process : In this course to date, you have considered several criteria that stakeholders utilize in the policy development process. Often, all the criteria you have discussed play a role in trying to find a solution to a problem and often you have to weight..
Question regarding the feminist ethical perspective : Choose an applied ethics issue from one of the previous weeks and explain how one working from a feminist ethical perspective would respond to that issue.
Drug and cosmetic act-controlled substances act : Dewey Cheatham is the new Vice President of Marketing for a large online search engine company, Pottstown Innovative Enterprises (AKA, PIE). The shipment of prescription drugs from pharmacies outside the United States to customers in the United State..
Assessment factors for multi-cultural : Why is it important to assess the quality of life for multi-cultural and economically diverse populations?
Price quantity price elasticity total revenue : Fill in the blanks for each price-quantity combination listed in the following table. Now graph this relationship, making sure to label each axis. What relationship have you depicted?Price Quantity Price Elasticity Total Revenue
Which depreciation method would you recommend using for : Financial statements and financial reports are your friend. From a company's annual report (10-K), which is the most important type of statement? Why? Optional: Depreciation is how a business uses its assets. Which depreciation method would you recom..
Legalization of marijuana in the united states : The debate over the legalization of marijuana in the United States has been raging for over a century with both sides having clear points of view. Research and explain the pros and cons of this debate.

Reviews

Write a Review

Business Economics Questions & Answers

  What is equilibrium price and quantity of apartment rentals

Suppose the demand for apartment rentals in New York is Q = 1000 - P and the supply of apartment rentals is Q = 4P. What is the equilibrium price and quantity of apartment rentals in New York?

  Demand for housing falls-reducing planned investment

If the demand for housing falls, reducing planned investment by $75 billion, what is the effect on national income and output (GDP) (the consumption function is c = 50 + 0.7 (yd))

  Elucidate what are the arguments in favor and in opposition

Elucidate what are the arguments in favor and in opposition to an independent central bank.

  Necessity of government intervention

Under Illustrate what conditions are likely to be internalized without the necessity of government intervention

  Construct the composite index

Just construct the diffusion index from month 2 to 3. In this problem, we have three leading indicators. The diffusion index from month 1 to 2 is 66.7 (=2/3) because two indicators move up and one moves down.

  Elucidate pros and cons associated with this case

If a country desires to have stable prices (or low inflation), why not simply pass a law that prohibits firms from changing prices? Elucidate pros and cons associated with this case.

  Qreflect on the solow growth model by means of technology

q.reflect on the solow growth model by means of technology given by y zfk n k12n12 its savings rate is 0.2 moreover

  Explain meaning of value added and its importance in income

Explain meaning of value added and its importance in income approach. Consider following data for selling price at each stage in production of a 5 pound bag of flour sold by your local grocer.

  What happens to your tax bill and to your average margin

Taking all taxes into account, what are your average and marginal tax rates? What happens to your tax bill and to your average and marginal tax rates if your income rises to $40,000?

  How strategic planning differs from strategic management

What is strategic planning and why it is crucial to an organization’s survival? In your response, and how strategic planning differs from strategic management?

  Q1 write the economic analysis section of a business

q1. write the economic analysis section of a business proposal. this will include statements about the market structure

  Insurance exclusive of an gathering investment value

Remain in mind about your paper that is going to be read by people without previous knowledge of game theory.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd