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In reference to e-book Chapter 2, problem 11 (found on e-book, p. 73), discuss the questions presented in Cases and Problems 2-11.
Are there situations in which a company, for the common good, must give up the economic advantage accorded by intellectual property laws? How should the Bayer credo – Bayer: Success Through Expertise with Responsibility – impact its corporate responsibility in the anthrax situation? In your discussion, make reference to the Social Responsibility of Corporations Matrix, Exhibit 2.2 (p. 48) and the models of business ethics (found in e-book, pp. 47–49).
My first action, as a representative of Bayer, would be to release production capabilities under specific contractual controls to other pharmaceutical facilities in order to meet the demand for the antibiotic, this enables Bayer to meet its 'common good' practice sited in its corporate policy by matching supply with demand, maintain control of its product, remain profitable, and benefit from increased production.

During times of public welfare, epidemics, war, or terroristic actions companies should recognize the human element, hold it to a higher standard, and utilize methods that ensure that the company is not put into jeopardy and meets the public demand at the same time. If Bayer would have been open and honest about its production capabilities (shortages), made an effort to contract with third-party facilities to manufacture large quantities of the antibiotic, and reduce their profit margins to make it affordable, the company could have upheld its corporate policy, remained profitable, met the public demand, perserved its reputation, and its corporate social responsibility collectively.

The corporate social responsibility lies in being prepared for these such events.

In responding to your questions:

We have to look at all sides and consider what is right?

All…...

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