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The continuing growth of direct to consumer advertising by big pharmacy also continues to grow in controversy. Physicians complain that they are often confronted by patients who demand a particular drug for their treatment for no more reason than the patient viewed the medication during a television commercial. Because of this, the majority of physicians oppose continued advertising direct to consumers. These doctors state that it is often the case that the particular medication is inappropriate for the patient (or simply not the preferred treatment), yet the patient’s demands continue unabated.
Patient’s rights advocates argue in response that the patient is entitled to as much information as the physician is. There exists no rational reason to limit the amount of information that the patient should have concerning a medication or, in fact, ANY other facet of treatment. The advocate’s primary point is that society should be moving towards greater and freer disbursement of information, not the other way around. Describe whether you support direct to consumer advertising from pharmaceutical companies to potential patients and why. Also describe the pros and cons of advocating your particular position.
Hyperware Tool & Die manufactures parts for an electric motor. Lately their customer has discovered that one of the pieces develops stress fractures during use. Hyperware has several options for how to fix this. They can change the alloy used for the..
Skyrocketing executive compensation packages raise numerous ethical questions. Do you think that CEOs get paid too much? Why, or why not?
Critical Legal Thinking Instructions: Read Bank of America, N. A. v. Barr – Cheeseman text page 293-294 Respond to the three Case Questions found in Cheeseman Text page 294 Brief the facts of the case and assume your boss is seeking your opinions as ..
During the next two months, General Cars must meet (on time) the following dema nd for trucks and cars: month 1 – 400 trucks, 800 cars; month 2 – 300 trucks, 300 cars. During each month, at most 1000 vehicles can be produced. Each truck uses 2 tons o..
Describe the attributes of an effective strategist. Explain how you would create and sell a strategic mission to stakeholders.
What is the difference between a product line and a product mix? The difference between a product line and a product mix is that a product line is a group of products or services that have been classified together, can be used together, the same cust..
Which of the following situations is expected to enhance the use of targeted advertising messages by marketers?
A large law firm uses an average of 16 boxes of copier paper a day. The firm operates 260 days a year. Storage and handling costs for the paper are $5.20 a year per box, and it costs approximately $100 to order and receive a shipment of paper. What i..
Read the article "U.S. Furniture Survivor Tries to Go Global" and answer this question: “What are some of the means by which Ashley is able to keep costs low? How does Ashley maintain its competitiveness with Asian rivals? To what extent can Ashley a..
There is a cost associated with patenting a product, and some companies produce more than one new product in a month. The products might have a short life (6 months to two years). Products with short life cycles normally are simple and easy to copy. ..
Explain the history and goals of the grievance process, paying particular attention to labor arbitration. In your essay, also address whether the grievance process is an effective means of dispute resolution in both union and non-union situations. Ex..
Why will a monopolist's output increase if the government forces it to lower its price? If the government wants to set a price ceiling that maximizes the monopolist's output, what price should it set?
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