It often takes a pharmaceutical firm 15 or more years to develop a new drug.The sales from these new drugs must recover the expenses of research and development.Do they forgo profits for investors (and to fund additional research)in order to help those in need? Many of these pharmaceutical firms want to support socially responsible causes.Which term describes what these firms are facing when they are asked to lower the price of drugs distributed to third world nations?

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The situation described involves a conflict between the pharmaceutical firm's desire to make a profit and their desire to support socially responsible causes by helping people in need. This is a classic ethical dilemma, as the firm must weigh the competing interests of various stakeholders and make a decision that is both socially responsible and financially viable. Options A, C, and D do not accurately capture this ethical conflict.

It Often Takes a Pharmaceutical Firm 15 or More Years