Critical Thinking Essay Homework: Political, Legal and Technical Decision-Making
Using the Six Steps of Decision-Making framework from content, develop an essay responding to the following questions related to the case study The Ethics of Global Drug Pricing (p. 113).
1) Recognize decision requirement: What are the ethical issues being discussed in the case concerning drug pricing?
2) Diagnosis and analysis of causes: Why are drug prices so high in the United States and what should be done?
3) Development of alternatives: What are other countries doing to fight high drug prices?
4) Selection of desired alternative: Decide on alternatives for the United States.
5) Implementation of alternatives: Which alternatives would be best to drive down drug prices in the United States?
6) Evaluation and feedback: Have your recommendations been implemented in other countries? Are they working? What has been the outcome?
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.
Reference:
1) Chapters 2 & 3 in International Management: Culture, Strategy, and Behavior
2) Chapter 2 PowerPoint slides in International Management: Culture, Strategy, and Behavior
3) "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.
4) 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.
5) The Lancet. (2019). Dealing with drug pricing: Not just one solution. The Lancet, 392(10165), 2655.
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, 52(4), 589-602.
Attachment:- Case-Study.rar