Right or Wrong? Facing Ethical Controversies The Business & Company Resource Center As a member of a business or organization, you will face potentially controversial situations or ethical dilemmas every day. To be able to take make the right choice, you need to be able research explore both sides of the issue before taking thoughtful action. Further, you must then be able to articulate why it is in the best interest of both your business and your stakeholders. Right or Wrong presents you with several controversial ethical questions that challenge business world to help develop your ability to dissect an ethical dilemma and make an informed decision. Consider the questions below, read the selected articles using the BCRC, and select one topic to write a one page reaction paper on your position following the business school’s style guide. Be sure to support your arguments and cite your sources. When is Competition Unfair? Should something be done to reign in Wal-Mart’s retail dominance? PRO CON The Wal-Mart you don't know: why low prices have a high cost. Charles Fishman, Fast Company , 1085-9241, Dec 2003 i77 p68(8) Should We Admire Wal-Mart? Some say it's evil. Others insist it's a model of all that's right with America. Who are we to believe? Jerry Useem, Fortune , 0015-8259, March 8, 2004 v149 i5 p118 Marketing to Consumer’s Fears Should marketers use fear tactics to change consumers’ perceptions and attitudes about products? PRO CON Florida's Anti-Tobacco 'Truth' Advertising Campaign Credited with Lowering Teen Smoking Rates, FSU Study Concludes; Tobacco Industry Ads Appear Least Effective. Business Wire March 21, 2001 p2465 'Shock' charity ads fail to move public to donate. Marketing , 0025-3650, Dec 4, 2003 p05 (216 words) What’s a Fair Price for Prescription Drugs? Considering the escalating costs of health care should drug companies be allowed to set high prices for their patented products? PRO Cholesterol-Busting Drugs Fatten Profits for Pharmaceutical Companies. Knight Ridder/Tribune Business News August 22, 2003 pITEM03234074 CON For the Elderly, Help On Prescription Drug Cost. Barbara Whitaker, The New York Times , 03624331, Oct 26, 2003 p3 col 01 (2 col in)