Hot Coffee at McDonald's Case Study Example | Topics and Well Written Essays - 250 words

Hot Coffee at McDonald's - Case Study Example If a consumer is happy, more business transactions can be completed. This is good for both the consumer and businesses. Â  Prescriptions should have a fair price value, although sometimes do not. That is why generic medicine is cheaper. Many patients want name brand, but the generic is the same ingredients. Prescription prices should be regulated like any other product. Cost of prescriptions should be based on manufacturing cost, profit, and loss. Pharmaceutical companies are businesses. They are in business to make money. Pharmaceutical companies are not in the business of helping people. Researchers might want to help people, but in the end, business is what makes the American economy work. Â  Pharmaceutical companies do not have a moral obligation to make lifesaving drugs in poor countries at little or no cost. However, it does make good publicity if they do provide lifesaving drugs to poor countries at little or no cost. It also makes business sense due to tax benefits to charitable organizations. Morally pharmaceutical companies are businesses. They legally and morally should not sell drugs that harm. However, they do not have to give their product away for free. Pharmaceutical companies are businesses, not charitable organizations. Â  The Doe Run Company should pay the costs of cleaning up Herculaneum. Despite the fact the Doe Run Company has been in business before EPA laws on lead, the Company has been violating known EPA laws for years. This is why the Company should be responsible for cleaning up the town. Willful lawbreakers should have to pay the cost for cleanups. It is not the town people’s fault.

Comparative Corporate Governance Essay Example | Topics and Well Written Essays - 2500 words - 1

Comparative Corporate Governance - Essay Example Apart from the governance framework it also includes the legal, institutional, ethical and regulatory framework of the community. Corporate governance is also responsible for the accountability to capital providers. It deals with the conflicts between the management and the investors. In a broad perspective, corporate governance is defined as the ways in which an organization is administered, controlled and directed (Corpgov, 2012). The corporate governance norms have shown a trend towards a growing convergence. Growth of globalization boosted by technological advancement has allowed the stakeholders to maintain a close relation and connectivity with the company (Carati and Rad, 2000). The advent of internet connectivity has made the global business market an open platform, where the stakeholders can easily compare between different governance norms followed in different organizations. Most of the firms operate in perspective of multi- national stakeholders, where the investors of a particular company belong to different cultures. As a result the firms needed to adopt a commonly accepted and globally used corporate governance system. The convergence of the corporate governance is to make sure that all the stakeholders, employees, and the management work in a convergent way so as to create value to the organization and all associated individual (Strandberg, 2005). Previously, the governance process was only focu sed on the firm’s compliance to set rules and regulations. Eventually the process has evolved from box-ticking approach to a behavioural transformation, which allows the organization to not only make sure that it is moving in the right direction but also it ensures value addition for the stakeholders. The importance of stakeholders has become a major concern for the firms, as they represent the primary determinant of the organizational success (Vogt, 2007). Among the stake holders the