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Homework answers / question archive / Critical Issues in Accounting and Finance: Ethics and Professional Ethics Case Study 2 “How One Scientist Averted a National Health Crisis…” “Her exceptional judgement… has prevented a major tragedy

Critical Issues in Accounting and Finance: Ethics and Professional Ethics Case Study 2 “How One Scientist Averted a National Health Crisis…” “Her exceptional judgement… has prevented a major tragedy

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Critical Issues in Accounting and Finance: Ethics and Professional Ethics Case Study 2 “How One Scientist Averted a National Health Crisis…” “Her exceptional judgement… has prevented a major tragedy.” - President John F. Kennedy Ethics and Professional Ethics Case Study 2 Portfolio Case Study 2: For this Ethics and Professional Ethics Case Study, you will need to watch the following short video (5min 31sec), which explains the case of Frances Oldham Kelsey: Video Link: How One Scientist Averted a National Health Crisis – by Andrea Tone [https://www.youtube.com/watch?v=4wIBCoxuOJ0&feature=youtu.be] Once you have watched the video, you will need to provide a short essay response, which answers questions 1-4 on the following page (500 word-limit). REQUIRED: Watch the 5min 31sec video on ‘How one scientist averted a national health crisis – Andrea Tone’ before answering the following questions: 1. Briefly explain what happened in the case of Frances Oldham Kelsey. o Identify the relevant facts, identify the relevant parties and identify the ethical issues involved. o Your answer for this part of the question should be around [100 words] o No references needed. 2. Identify TWO of the FIVE key fundamental principles that Frances’ professionalism and competences were tested upon and use examples from the video to explain how her professionalism and competence were tested, for each of your two identified key principles. o Your answer for this part of the question must include academic references to define your two identified key fundamental principles (APA 7 th). o The five key fundamental principles include Integrity, Objectivity, Professional Competence, Confidentiality and Professional Behaviour. o Your answer must also explain how your two identified key fundamental principles relate to the case study, by using examples from the video. o Your answer for this part of the question should be around [200 words] 3. Utilitarianism requires the identification of stakeholders who could suffer consequences due to the choice of a particular action. Identify the stakeholders that the video identifies as parties that suffered adverse side effects from ‘Thalidomide’ absorption. o Your answer for this part of the question should be around [100 words] o No references needed. 4. Conclude your answer by briefly explaining what you think about the outcome in the case of Frances Oldham Kelsey, in the context of her professional career and public recognition. o Your answer for this part of the question should be around [100 words] o No references needed. Your written response answer must not exceed 500 words and should contain NO BULLET POINTS. The required referencing style for this portfolio assignment is APA 7th edition. Please structure your essay answer response as follows: - Title and Student Number PARAGRAPH 1: Introduction and answer response to Question 1 [approx. 100 words] PARAGRAPH 2: Answer response to Question 2 [approx. 200 words] PARAGRAPH 3: Answer response to Question 3 [approx. 100 words] PARAGRAPH 4: Conclusion and answer response to Question 4 [approx. 100 words] List of References MARK SCHEME: The grading matrix for Case Study 2 is as follows: Marking Criteria: Portfolio Case Study 2 Mark Awarded Marks Out Of Up to 20 marks for providing appropriate Introduction and Conclusion. 20 Up to 10 marks for identifying ethical issues present in case study video, as required by question 1. 10 Up to 10 marks per key fundamental principle defined using appropriate academic references, as required by question 2. 20 Up to 20 marks for providing adequate examples from the case study for each of the two identified key fundamental principles, explaining how Kelsey retained her professionalism. 20 Up to 10 marks for quality of utilitarianism analysis, as required by question 3. 10 Up to 20 marks for overall essay presentation, structure and referencing. 20 TOTAL MARK (First Marker) TOTAL MARK (Second Marker) AGREED MARK (If Applicable)

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