W.R. Grace Company Case Study
Autor: missionoh • February 1, 2016 • Case Study • 550 Words (3 Pages) • 1,121 Views
Doeun Oh
Business Ethics
W.R. Grace and Neemix
Absolutes: No absolutes were violated
Legal: No legal laws were violated
Moral Philosophies:
Teleological: The case’s outcome was good because the W.R. GRACE Company had made profits from developing the Neemix, which derives its name from a native Indian tree named Neem. Also, it is good that this has brought India positive economic effects.
Deontological: Since W.R. GRACE Company was merely focusing on developing new medicine; they spent $10 million dollars on R&D to develop the Neemix, it is hard to say they had any duties at all about the patent for the Neemix. In this article, however they did say the patent would not prevent or limit Indian farmers from using, so they should keep their words. And they should develop well the Neemis to prevent further infection.
Utilitarian: For the company, fast development and research which resulted in good products and great amounts of profits result in a favorable position. Also, to customers who use the products the Neemix, which is a viable pesticide that is not harmful to the environment, it is favorable because not only can they save the environment, it can help curing many diseases as well.
Reasonable Man: There is no problem from the Reasonable Man’s point because the company had made a good product, and also developed a patent in order to preserve their efforts in R&D.
Public Relations: The Company doesn’t have any public relation.
Conclusion: In conclusion, there are no absolutes or laws violated. It is reasonable that the company was trying to realize profits through investment. Therefore there is no problem that they developed a patent to protect their efforts in R&D, and in the fact that the Neemix has satisfied the customers’ needs.
Doeun Oh
Business Ethics
Good Profits
Absolutes: No absolutes were violated
Legal: No legal laws were violated
Moral Philosophies:
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