Did the decision maximize social benefits and minimize social injuries?/2022

Read the ethics case “Vioxx Decision–Were They Ethical?” at the end of Chapter 4 of your text. Utilizing the information provided and available from Library sources, use the ethical decision-making techniques discussed in the chapter to analyze whether Merck’s decisions regarding Vioxx were ethical. Make sure to take into consideration the various stakeholders involved.

  1. First, identify the various stakeholders involved in the case, discuss their interests, and rank those interests. Explain your reasoning.
  2. Next, analyze Merck’s decision to leave Vioxx on the market from 2000 to 2004 by answering the following questions. Explain your answers.
    • Did the decision maximize social benefits and minimize social injuries?
    • Was the action consistent with each stakeholder’s rights?
    • Did the action lead to a just distribution of benefits and burdens?
    • Did the decision demonstrate the motivation, virtues, and character expected?
  3. Lastly, analyze Merck’s decision to voluntarily withdraw Vioxx from the market in September of 2004 by answering the following questions. Explain your answers.
    • Did the decision maximize social benefits and minimize social injuries?
    • Was the action consistent with each stakeholder’s rights?
    • Did the action lead to a just distribution of benefits and burdens?