The Place of Morality and Government in Low Value Product Development :: Economics Economy Business Papers

The Place of Morality and Government in Low Value Product Development A company is fundamentally in business to make money. There are many so called "low value products" that could prove extremely beneficial to a large number of people, but are not likely to be profitable from an economic point of view. This situation creates a complex problem that incorporates economics, morality, private industry, individuals and government. It is always interesting and difficult when big business, government and ethics are thrown together, and this problem is no exception. First, it needs to be established whether the low value product the company is considering developing might not turn a profit, or if it definitely will not be profitable. If there is a reasonable hope that the product is at least a break-even proposition, the company is much more apt to consider it than if it is certainly going to result in the loss of money. All of this, including the moral aspects of the question, has to be understood within the context of economics. A company is simply not going to do something out of the good of "its" heart, just because it is "the right thing to do". A company must be convinced that by investing their time and money into a certain product's development, they will directly or indirectly profit from it. Thus, all incentives aimed at getting a private company to bring a product to market that will benefit the public, must in some way benefit the company. There is certainly a moral obligation for developed countries to at least attempt to assist those of the third world, but the burden may not lie with private industry. Before turning to the issue of how to get private industry to invest in low value products, the role of government needs to be explored. The government's role as a provider of incentives will be explored later, but it's also necessary to look at the possibility of government acting as the lone low value product developer, leaving private business out of it. This can be broken down even further: the governments of underdeveloped and developed countries providing for their own people, or the governments of developed countries providing for the common good of all countries. A government is set-up fundamentally to act for the common good of that nation's people. Thus, the government of a country, whether developed or third world, has a moral obligation to do everything in its power to provide for its people, including prov iding research funding for the development of these low value products.

Compare & Contrast Taming of the Shrew Essay

The couples in Taming of the Shrew all have various personalities. They all can be determined in different ways, through actions and emotions. Katherine and Petruchio are both similar when it comes to being dimwitted and arrogant which brings them both together emotionally. Katherine and Petruchio are both very different beings, yet also the same. They have different views of life and intentions but the way they express it is mutual. Comparing them is quite easy; because Katherine is actually they way she is because she covers it up with her true emotions that she wants to show. For example, her father favors her sister Bianca also the fact that she fears of never being able to get married to someone who can deal with her. She comes off as a Shrew not because that’s how she really is, it’s because it’s really a cover up of her emotions. Men back in the day looked down to her for being intelligent, and Katherine being hard headed showed them that they can’t tame or mess with her. Her having a mouth and being strong minded ended up molding her personality to the public, as some rude, uncontrollable woman. The one and only Petruchio, has intentions of only taming her for her money but in the process he ends up enjoying the ride and the company of â€Å"Kate†. With him being selfish and horrible it ends up actually being a good compare for the two because their personalities fit each other, either one can benefit from the other or nonetheless. Petruchio thinks that he can tame Kate, and that marriage is just about controlling wives. With both of them bumping heads all the time, one eventually has to give in because a person can only take so much until they reach their boiling point. He doesn’t care about anyone else but his self; compared to Kate she still has morals to certain people. But Petruchio only talks to or deals with anyone who can benefit him. But when Kate intervenes in his life it all changes, slowly to both of them. In conclusion, the two or both bad for each other yet good. Katherine has found someone to actually deal with her and her wittiness and Petruchio ends up having feelings for her, and not just being mainly focused on her money.  The couple rarely has differences in characteristics; the only thing they differentiate in is their intentions for each other. The main thing they are mutual in is their feelings and attitude to the outside world and each other.

Essay about The Dangers of Prescription Pill - 2124 Words

A new escalating drug abuse epidemic has come about in the recent years; people are now choosing prescription pills as their new drug of choice. The use, abuse and death caused by prescription drugs has increased significantly within the past couple years. All types of prescription pills are more easily accessible from their doctors, family members or off the street. Doctors are handing out prescriptions for pills, such as pain management pills, muscle relaxers, and anti-anxiety, like they are candy and not potentially dangerous to the consumers. In today’s society doctors are over prescribing pills to Americans and the prescription pill distribution should be more closely monitored and controlled. Although there are people who benefit†¦show more content†¦I interviewed Jimmy Johnson; he suffers from chronic pain from many years of work and hard labor. Jimmy was employed for 15 years at a factory that manufactures insulation; there he frequently lifted over 100 pound bags of material. After so much time had passed of heavy lifting Jimmy’s right shoulder tendons began to tear and fray terribly, which frequently happens to people who do hard labor over such a long period of time. Doctors performed surgery on Jimmy’s shoulder, at the age of 49 and left him with only ten percent of his arm and shoulder mobility and flexibility. The cause of his chronic pain is now due to the surgery and the tearing of his tendons in his shoulder: also, numerous other injuries he sustained over his lifetime. A time after his surgery he was prescribed Vicodin and today takes Oxycodone, which treats higher levels of pain than Vicodin. Without his medication of prescription pills Jimmy’s pain would be almost unbearable. He only takes the needed amount each day for his pain management and tries his hardest to not abuse the narcotic drugs like many do (Johnson). 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