Video Case Study

12/28/2020 Print Preview

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19-7 Conclusion CVS is implementing strategies and allocating resources in the hope of achieving an ethical culture that benefits all stakeholder groups. This helps CVS to maximize ethical decision making and remain sustainable for years to come. It seems the company has learned from previous ethical lapses by being aware of addiction problems within its communities. In 2014 CVS voluntarily opted to stop selling some cold medications in West Virginia and surrounding areas as more methamphetamine labs and corresponding stimulant abuse became more prominent throughout the state. The company’s impact on the environment is one of the next big challenges it will have to overcome. As the largest pharmacy in the United States, CVS has a long way to go to reduce its overall footprint. However, the company is on the right track, having set goals and implementing action steps to achieve these goals. With the mission of helping people live healthier lives and innovating the pharmacy industry, CVS has a great responsibility in developing a business model allowing the company to remain competitive while acting ethically at the same time.

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