Homework: Decision Making Theory
Using the Six Steps of Decision-Making framework from this content, develop an essay responding to the following questions related to the case study The Ethics of Global Drug Pricing (p. 113).
i. Recognize decision requirement: What are the ethical issues being discussed in the case concerning drug pricing?
ii. Diagnosis and analysis of causes: Why are drug prices so high in the United States and what should be done?
iii. Development of alternatives: What are other countries doing to fight high drug prices?
iv. Selection of desired alternative: Decide on alternatives for the United States.
v. Implementation of alternatives: Which alternatives would be best to drive down drug prices in the United States?
vi. Evaluation and feedback: Have your recommendations been implemented in other countries? Are they working? What has been the outcome?
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.