Using the Six Steps of Decision-Making framework, develop an essay responding to the following questions related to the case study
a. What are the ethical issues being discussed in the case concerning drug pricing?
b. Why are drug prices so high in the United States and what should be done?
c.What are other countries doing to fight high drug prices?
d. Decide on alternatives for the United States.
e. Which alternatives would be best to drive down drug prices in the United States?
Have your recommendations been implemented in other countries? Are they working? What has been the outcome?
This page of the exposition has 545 words. Download the full form above. Numerous individuals accept that the computerized money, for example, – bitcoin and digital forms of money are the trendiest venture and opportunity right now available. Surely, there are such a significant number of accounts of people getting moguls through Bitcoin speculations, for instance Mr. Smith from the article “Meet The Man Traveling The World on $25 Million of Bitcoin Profits” (Bishop, J. 2017) . Beginning with a speculation of just $3,000.00, paying simply over $0.15 per Bitcoin to an acknowledging value hit of $800 at some point later. Effectively, owning 1,000.00 BTC, worth $2.6 million with plans to keep on putting resources into the cash. Despite the fact that Bitcoin is the most esteemed and quick computerized money to date, cryptographic forms of money are high-chance speculations. Bitcoin and different digital forms of money can make it simpler to execute criminal operations, yet there are other moral inquiries that can emerge while considering bitcoin as a potential venture. This advanced or virtual cash isn’t care for different resources. They’re not in every case simple to secure and Bitcoin burglaries are normal. Shockingly, these trades can conceivably get hacked and a great deal of fraudsters are appreciating the cryptographic money showcase. With the cash being decentralized and can be undoubtedly utilized secretly, it very well may be utilized to in tax evasion, tax avoidance plans, illicit products, and administrations. In a decentralized system like Bitcoin, each and every member needs to carry out this responsibility. This is done by means of the Blockchain – an open record of all exchange that at any point occurred inside the system, accessible to everybody. Along these lines, everybody in the system can see each record’s equalization. The explanation the market can be so alluring to fraudsters, this is on the grounds that exchange are irreversible. Which have persuade that the Bitcoin and cryptographic forms of money are simply false ventures. As per money related consultants, the Bitcoin or any digital currency is hazardous. “In the event that someone really hacks in and takes your cash, there’s no one to gripe to”. Additionally, these speculations are still in their initial times of improvement, so it isn’t prescribed to have a lot of your interests in digital forms of money. Members that have been in the digital currency advertise for quite a while, don’t need to look far back to perceive what can happen when a trade comes up short. It is hard to tell who or what to confide in dependent on its notoriety. There are many misleading procedures in the field, however this entry will concentrate on the venture conspires in the field just as protection measures. Numerous fraudsters would use plans of action that look like the Ponzi plans. Ponzi plans are known for being a contributing trick promising exceptional yield rates with practically no hazard to its financial specialists. With the end goal for it to work, a fraudster will use all their opportunity to draw in new customers/new ventures to their unique/more seasoned speculators their arrival. Which is the thing that Trendon Shavers, otherwise called the “Bitcoin Ponzi Scheme Operator” figured out how to work, by fund-raising in Bitcoins by promising significant yields (ROI) and ensures, some time taking care of old financial specialists. Likewise, another Ponzi Scheme occured in 2015, called the CryptoDouble, ended activities in the wake of empowering clients that it would twofold stores, yet brought about forgetting about thousands remaining dry. When you contribute there is “no layer of security to your profit and no law authorization organization to get digital money cheats. Government offices have just barely started to manage cryptographic money trades” Poremba, S. 2017).>GET ANSWER Let’s block ads! (Why?)