Group Case: Brian's Franchise

I am fortunate and proud to my groupmates that they gave their time so we can discussed our case.

Case 1 is about Brian’s franchise, he became expert in breeding and raising marijuana indoors and his action towards the restrictions imposed by the Government on marijuana farming.

Science has proven that marijuana had medical benefit. However, excessive use lead to addiction. Here are some medical benefit of marijuana.

1)  Weed can be used to treat Glaucoma – marijuana decrease the pressure inside the eye (according to National Eye Institute)

2) It may help reverse the carcinogenic effects of tobacco and improve lung health - marijuana does no harm to the lungs, unless you also smoke tobacco, and one study published in Journal of the American Medical Association found that marijuana not only doesn't impair lung function, it may even increase lung capacity.

(Reference: http://www.businessinsider.com/facts-on-marijuana-and-health-2015-4)

The business goal needs to make profit while maintaining its social and moral obligation. Legalizing marijuana would create several jobs and creating an environment where the industry is regulated that will ensure the product is safe. Farms would need to hire workers to plant, care for, and cultivate the product. However, when legalizing marijuana, the person who uses it should know the consequences of taking the drug and should be aware of the side effects of it.

From this case, our group has learned so much about business systems and why government intervention is needed in economy, as well as business ethics and the ethical standards to consider in running a business. The most important learning point tackled in this case, is how to become an ethical businessman. And at the end of the day, promotion of common good must be the focus of both market and government.