Provides a comprehensive evaluation framework based on utilitarianism and deontology for specific ethical dilemmas in business operations, assisting managers in making morally compliant decisions.
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Please conduct an ethical analysis for the following specific business scenario: A pharmaceutical company discovers that its best-selling drug, when taken long-term, has a slight but predictable side effect increasing the probability of cardiovascular risk by 0.5%, while discontinuing the drug would lead to worsening conditions for most patients. Please evaluate the moral rationality of three options—continuing sales, reducing price with mandatory risk disclosure, or immediate recall—by combining the utilitarian principle of maximizing happiness with the deontological principles of respecting patient autonomy and non-maleficence, and provide a recommended decision path that balances shareholder interests with patient well-being, ensuring the argument is logically rigorous and aligns with modern business ethics standards.
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