Rasmussen College Lake Regional Medical Corporation Ethical Issues Paper For the first part of the project you completed an overview of the company name and company dynamics for your project. Now it is time to put that information to use. Utilizing the spectrum of business that your company falls under, locate and identify a minimum of three trending ethical issues currently plaguing the industry. These issues must be current and trending, not hypothetical or futuristic.Please write a 2-3 page paper in Word, using proper APA Formatting and including each of the minimum of three trending ethical issues. Note: You may also elect to submit your response as a 5-slide PowerPoint presentation. For each issue you are asked to identify and summarize the ethical concern itself and subsequently analyze the concern and what troubles it may bring to the company, the employee or both.Company information and description is attached Running head: NAME YOUR COMPANY
My company is called Lake Regional Medical. As the name suggests, the operations of
the company are centered on the manufacturing and distribution of medical products such as
antibiotics, pain killers, and anti-fungal in the United States. The vision of the company is to be
the leading manufacturer and distributor of medical products in the United States. The company
is, therefore, defied in the health care industry of the United States, and its operations are within
the borders of the United States. The company can be described as a corporation because it is
registered as a separate legal entity that is owned by a total of five shareholders. The
shareholders also have the final say on how the company is to be managed and their influence is
proportional to the fraction of shares they hold. The company also works in close corporation
with hospital facilities, nursing homes, and rehabilitation centers across the United States. The
company also has a program where it works in close partnership with colleges Concerning
internship programs and research.
The company also has a total of nine hundred employees distributed in a total of twentyfive outlets strategically established in various states in the country. The company has been
operation since 1974 and has maintained an annual revenue of approximately $ 120000000.
Since 1974, the company has been faced with several legal issues such as counterfeit drugs,
where an anonymous company was distributing pharmaceutical products in the United States
under the name of Lake Regional Medical. The other legal complaint that was lodged against the
company was an alleged distribution of expired drugs, which was perpetrated by some of the
company’s contracted middlemen.
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