How should a for-profit corporation balance its business needs with the needs of its customers?

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In today’s world profit maximization is a major goal for many for-profit businesses and manufacturers of pharmaceutical products who solely control the market by maintaining patents are no exception (Cohen & Tracer 2015). These buyouts and patent monopolies also entail an ethical dilemma when it comes to balancing between their own financial benefit and what would be deemed best for its customers’ welfare as demonstrated in Mylan case with their unreasonable increase on epinephrine injectors prices despite consumers reactions against this move (Grouse v Mylan Pharmaceuticals , Inc.,710 F Supp 2d 889 2010). Greediness was held accountable both ethically and legally while there was inconsistency with any biblical standards describing such act as unjustified.(Proverbs 11:12 NIV )states “A man of substance loathes being surety for a stranger—but one who has nothing to risk will boldly take on such obligations”. Thus identifying that taking advantage of desperate situations or infringing upon someone else wellbeing based on selfishness should not be encouraged under any condition yet alone justified through ones faith or beliefs However looking at the situation through a Christian perspective does allow us insight into how companies in this predicament can approach their dilemma without inflicting conflict amongst themselves or their customers whilst still achieving financial success prior defined by Jeremiah 29:11 New International Version which states “For I know the plans I have for you,” declares the Lord”, “plans to prosper you…” Therefore instead companies may work towards finding equilibrium within customer service values( McFarlane 2013) where satisfaction remains high providing them with loyal client base capable of ensuring long term stability financially as well aiding real life efficiency outcome as discussion subject require further progress area analysis before considering industry level adaptation needs translation so proper navigating consumer attention fully accurately projected appeal modeling requires efficient allocation structure following these steps entities should then focus exploring potential targeting strategies implementing quality assurance models ensuring profitability goals remain achieved even when industry dynamics pose uncertain challenge responses domain via customization initiating meaningful engagement implementation results discovering beneficial sustainable solutions which could prove helpful assisting corporate ethics keeping moral compassion forefront while conducting operations undertaking performance measurements focusing mainly respective consumer feedback delivering value driven services likely attract devoted patronizing whereas striving establish mutuality loyalty prospects better insure sustained growth next step implementing rewarding recognition authentication system power enough retrieve viable data appraisals measure quality ratings determine comparative analysis between industry rivals allowing quick reaction time answer demand changes efficiently thus accomplishing proposed balance measures consequence staying true initially intended purpose supplying safe products responding customer needs making sure organization environment conducive maximizing profits completely disregarding obligation fundamental mission entirely References Cohen J.,& Tracer Z.(2015).”Epipen Prices Soar More than 400% Since 2004 — Here’s What You Need To Know About It” .Retrieved from https://www.cnbc com//2016 09 21 epipen price hikes draw scrutiny html Grouse v MylanPharmaceuticalsInc,.710 FSup2d889(DS Ohio2010) McFarlane D..(2013),”Customer Delight :The Key To Business Growth”.Retrieved From htttp // www entrepreneur mag co za advice marketing sales customer delight key business growth Proverbs 11 12New international version .”AMan OfSubstance LoathesBeing Surety For Stranger—ButOne Who Has RiskWill Boldly Take On SuchObligations”