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Essay heading: Vioxx
 
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Issue: Business
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Date added: March 15, 2009
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No of pages / words: 8 / 2053
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If I decide to leave Vioxx on the market, and it is discovered that it is potentially fatal, then it is very likely that I will lose my job. As CEO, my decision will also directly impact both the employees and stockholders of Merck. If I remove Vioxx from the market, then the company will lose a great deal of revenue...
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The financial loss incurred as a result of this decision will most likely lead to downsizing in the company, and therefore a great number of employees will lose their jobs. A loss of revenue of this magnitude would also adversely affect stock prices, which would mean less profit for stockholders. The group that will be impacted most by my decision will be the consumers of Vioxx...
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