Question

Identify the contributory aspects of international business that contribute to child labor.Is it ethical for pharmaceutical companies to enforce drug patents on drugs needed to preserve lives in less developed countries? Why or why not?

Answer 1

answer-

International business in which many companies has taken their business in outside or foreign countries because they think that they could lower their business by hiring cheap labor in manufacturing their products. the factors of international business which contribute to child labor are-

Child labor are less costly as compared to hiring adult labors in home country.

company hiring child labor can take much work from them at low compensation.

Poverty of the country also contributes to child labor in International business.

Children work because their parents are poor; they have to supplement the family income or provide unpaid labour. In some countries children are expected to work.

No according to me, it is not ethical for pharmaceutical companies to enforce drug patents on drugs needed to preserve lives in less developed countries because it they do patents their drugs which can save the lives means they put higher charges on those drugs which people in less developed countries may not afford and with patent on drugs other drug companies can not manufacture them,

if we apply ethical theory of Utilitarianism in which ethical decision is the one which provide greatest benefits or happiness to greatest number of people but in this case, patent of drugs is restricting the scope of saving many lives of people in less developed countries which is not ethical.

*hope above answer would help you.