By the end of 2020 and early 2021, the Indian government had declared their victory against the COVID 19 virus. The announcement was timely made for India's 2021 election. During 2020-2021, India had agreed to export 8.5 million vaccines under their diplomatic agreements and a total of 51.3 million vacines under business agreements with other countries. While these diplomatic relationships continue, India is now facing their second wave of COVID 19 that has raked up numbers to thousands of people in a single day. The 2nd wave had surged faster due to India's political parties holding rallies and campaigns for their upcoming election that are not conducted properly under the standard Covid-19 procedures. The Indian government had also allowed religious festivals to take place during that time that are lacking of proper social distancing guidelines. In order to handle their own vaccine shortages, the Indian government had issued a ban on local vaccine manufacturers from exporting its vaccines overseas. These manufacturers are now at the risk of facing legal suits for failing to comply to the terms of their contracts. This action had triggered the chain Teactions from other countries. The United States now bans the export of raw material to produce vaccines to other countries, The European Union had also announced that they will curb their vaccine exports for 6 weeks. Discuss and present all business ethical issues that you can find in the above case

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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By the end of 2020 and early 2021, the Indian government had declared their victory against the COVID 19 virus. The announcement was timely made for India's 2021 election. During 2020-2021, India had agreed to export 8.5 million vaccines under their diplomatic agreements and a total of 51.3 million vacines under business agreements with other countries. While these diplomatic relationships continue, India is now facing their second wave of COVID 19 that has raked up numbers to thousands of people in a single day. The 2nd wave had surged faster due to India's political parties holding rallies and campaigns for their upcoming election that are not conducted properly under the standard Covid-19 procedures. The Indian government had also allowed religious festivals to take place during that time that are lacking of proper social distancing guidelines. In order to handle their own vaccine shortages, the Indian government had issued a ban on local vaccine manufacturers from exporting its vaccines overseas. These manufacturers are now at the risk of facing legal suits for failing to comply to the terms of their contracts. This action had triggered the chain Teactions from other countries. The United States now bans the export of raw material to produce vaccines to other countries, The European Union had also announced that they will curb their vaccine exports for 6 weeks. Discuss and present all business ethical issues that you can find in the above case

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