XYZ medical company sold medicines which already expired on 20.10.2019 but they replaced the date with 20.10.2020 in its packaging, this is being done by the company in order to increase their profit. However, after these medicines were sold and consumed, around 200 children lost their lives. Which ethical dilemma issue is involved here and which ethical principle is violated by XYZ Company? O a. Conflict of interest and Principle of Justice O b. Customer confidence and Principle of Non- Maleficence c. Use of Corporate Resource and Principle of Respect for Autonomy

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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XYZ medical company sold
medicines which already
expired on 20.10.2019 but they
replaced the date with
20.10.2020 in its packaging,
this is being done by the
company in order to
increase their profit. However,
after these medicines were
sold and consumed, around
200 children lost their lives.
Which ethical dilemma issue
is involved here and which
ethical principle is violated
by XYZ Company?
a. Conflict of interest
and Principle of
Justice
b. Customer confidence
and Principle of Non-
Maleficence
c. Use of Corporate
Resource and
Principle of Respect
for Autonomy
Transcribed Image Text:XYZ medical company sold medicines which already expired on 20.10.2019 but they replaced the date with 20.10.2020 in its packaging, this is being done by the company in order to increase their profit. However, after these medicines were sold and consumed, around 200 children lost their lives. Which ethical dilemma issue is involved here and which ethical principle is violated by XYZ Company? a. Conflict of interest and Principle of Justice b. Customer confidence and Principle of Non- Maleficence c. Use of Corporate Resource and Principle of Respect for Autonomy
O a. Conflict of interest
and Principle of
Justice
O b. Customer confidence
and Principle of Non-
Maleficence
O c. Use of Corporate
Resource and
Principle of Respect
for Autonomy
o d. Employee safety and
the Principle of
Beneficence
Transcribed Image Text:O a. Conflict of interest and Principle of Justice O b. Customer confidence and Principle of Non- Maleficence O c. Use of Corporate Resource and Principle of Respect for Autonomy o d. Employee safety and the Principle of Beneficence
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