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Paper Topic: Bus 290 ( Business Ethics ) p Bus 290 (Business Ethics2006 It is rather well known that under condition of severe competitive environment and under the threat of loosing company ?s financial power and reputation it is difficult to find the decision which would be in accordance with legal , economic and moral issues at once
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And what is the main thing for Johnson Johnson as considerable representative of big business ? they haven ?t undertaken any decisions which could doom company ?s financial structure The company staked on people ?s trust which had been won by previous decent company ?s activities
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And it ?s a big merit for the company if it manages to continue its activities successfully without affecting the statements of business ethics Johnson Johnson managed to do that in 1982 and that proves the great professional skills of this company ?s staff Bibliography 1
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A simple declaration of company ?s responsibility was chosen as the main guide for the company and that was the unique right decision in that case which was right from economic legal and moral points of view
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The biggest problem for the company was to choose the right decision within economic and moral issues
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But it is necessary to remember that Johnson Johnson were not guilty in those deaths and most likely the company by itself was the victim of one ?s terrible activities
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So , Johnson Johnson took benefit of its previous credo as reliable and safe company
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If all extra-strength Tylenol had been converted in dead stock it would have been a financial crash for the company
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Nevertheless Tylenol crisis in Johnson Johnson history demonstrated that that is not always in that way
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If to speak about purely moral side of the question , it was necessary to arrange an immediate nationwide recall of all extra-strength Tylenol
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