The Ethics of Global Drug Pricing
Using the Six Steps of Decision-Making framework from this week’s content, please develop an essay responding to the following questions related to the case study The Ethics of Global Drug Pricing (p. 113).
Recognize decision requirement: What are the ethical issues being discussed in the case concerning drug pricing?
Diagnosis and analysis of causes: Why are drug prices so high in the United States and what should be done?
Development of alternatives: What are other countries doing to fight high drug prices?
Selection of desired alternative: Decide on alternatives for the United States.
Implementation of alternatives: Which alternatives would be best to drive down drug prices in the United States?
Evaluation and feedback: Have your recommendations been implemented in other countries? Are they working? What has been the outcome?
In this course you will have six Critical Thinking assignments where you will respond to assignment questions to develop an essay. Essays have an introduction (to the topic of the assignment), a body (where you will integrate your responses) and a conclusion (your thoughts on the assignment). Please do not just answer the questions as is. It is best to use APA headings to capture the essence of the questions as a way to make sure you have integrated all of the responses in your essay. Also, make sure you are using an APA paper template as a starting point.Your well-written essay should meet the following requirements:
Be 5-6 pages in length, which does not include the title page, abstract, or required reference page, which are never a part of the content minimum requirements.
Use Saudi Electronic University academic writing standards and APA style guidelines.
Support your submission with course material concepts, principles, and theories from the textbook and at least two scholarly, peer-reviewed journal articles.
Review the grading rubric to see how you will be graded for this assignment.
Chapters 2 & 3 in International Management: Culture, Strategy, and Behavior
Chapter 2 PowerPoint slides in International Management: Culture, Strategy, and Behavior
“In-Depth Integrative Case Study 1.2: The Ethics of Global Drug Pricing, in International Management: Culture, Strategy, and Behavior” (p. 113) in International Management: Culture, Strategy, and Behavior.
Lander, C. (2018). Foreign investment adaptations to the changing political and economic environments of the agro-food sector: A case study of Cargill Russia. Problems of Post-Communism, 65(3), 201–219.
The Lancet. (2019). Dealing with drug pricing: Not just one solution. The Lancet, 392(10165), 2655.
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- Comanor, W., Schweitzer, S., Riddle, J. & Schoenberg, F. (2018).
Value based pricing of pharmaceuticals in the US and UK: Does centralized cost effectiveness analysis matter?Review of Industrial Organization
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- (4), 589–602.
Answer preview The Ethics of Global Drug Pricing
APA
1645 words