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by Russel ⌂ @, New York, Wednesday, February 06, 2019, 08:04 (73 days ago) @ DouglasCar

Get a job healthonlineie.inscheapvy.com Corporate responsibility is always good business. The most famous case study is Johnson & Johnson, which lost $100 million in 1982 by taking Extra-Strength Tylenol off of the market once seven people were killed by cyanide poisoning in tampered bottles in Chicago. The deaths had nothing to do with what J&J had done – all the tampering took place after the bottles were on store shelves. Still, the company recalled Tylenol nationwide almost immediately, saving lives and saving both the product’s and the company’s reputation. No regulator came in and demanded a recall. Nor did regulators demand Tylenol create the first foil-sealed, tamper-proof bottles. Johnson & Johnson knew that the marketplace and consumer would regulate its products and its response. So, in its crisis, it acted honestly, quickly and even found a way to innovate.


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