CVS is the largest drugstore chain in terms of overall sales and pharmacy sales in United States, and it is planning to stop selling cigarettes and other tobacco products by October according the article: CVS Vows to Quit Selling Tobacco Products. (http://www.nytimes.com/2014/02/06/business/cvs-plans-to-end-sales-of-tobacco-products-by-october.htmlI) “We have about 26,000 pharmacists and nurse practitioners helping patients manage chronic problems like high cholesterol, high blood pressure and heart disease, all of which are linked to smoking,” said Larry J. Merlo, chief executive of CVS. “We came to the decision that cigarettes and providing health care just don’t go together in the same setting.” what CVS did matches the concept of business ethnics in Freeman’s Stakeholder Theory, which indicates that successful businesses are the ones that make the stakeholders’ interest go together. And I agree with it totally, therefore, I totally support what CVS does, which put pressure on cigarettes manufacturers and retailers according to the article. This is a great example of what a successful business should be, doing beneficial things for the society within its authorities. This is the business ethnics that all business should learn from.
CVS is the largest drugstore chain in terms of overall sales and pharmacy sales in United States, and it is planning to stop selling cigarettes and other tobacco products by October according the article: CVS Vows to Quit Selling Tobacco Products. (http://www.nytimes.com/2014/02/06/business/cvs-plans-to-end-sales-of-tobacco-products-by-october.htmlI) “We have about 26,000 pharmacists and nurse practitioners helping patients manage chronic problems like high cholesterol, high blood pressure and heart disease, all of which are linked to smoking,” said Larry J. Merlo, chief executive of CVS. “We came to the decision that cigarettes and providing health care just don’t go together in the same setting.” what CVS did matches the concept of business ethnics in Freeman’s Stakeholder Theory, which indicates that successful businesses are the ones that make the stakeholders’ interest go together. And I agree with it totally, therefore, I totally support what CVS does, which put pressure on cigarettes manufacturers and retailers according to the article. This is a great example of what a successful business should be, doing beneficial things for the society within its authorities. This is the business ethnics that all business should learn from.