Reference no: EM13280256 , Length: 1500 words
PharmaCARE (We CARE about YOUR health®) is one of the world’s most successful pharmaceuticalcompanies, enjoying a reputation as a caring, ethical and well-run company that produces high-qualityproducts that save millions of lives and enhance the quality of life for millions of others. The companyoffers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcareeducational programs and scholarships, and its CEO serves on the PhRMA board. PharmaCARErecently launched a new initiative, We CARE about YOUR world®, pledging its commitment to theenvironment through recycling, packaging changes and other green initiatives, despite the fact that thecompany’s lobbying efforts and PAC have successfully defeated environmental laws and regulations,including extension of the Superfund tax, which was created by Comprehensive EnvironmentalResponse, Compensation, and Liability Act (CERCLA).Based in New Jersey, PharmaCARE maintains a large manufacturing facility in the African nation ofColberia, where the company has found several “healers” eager to freely share information aboutindigenous cures and an abundance of Colberians willing to work for $1.00 a day, harvesting plants bywalking five (5) miles into and out of the jungle carrying baskets that, when full, weigh up to fifty (50)pounds. Due to the low standard of living in Colberia, much of the population lives in primitive huts with noelectricity or running water. PharmaCARE’s executives, however, live in a luxury compound, completewith a swimming pool, tennis courts, and a golf course. PharmaCARE’s extensive activities in Colberiahave destroyed habitat and endangered native species.In preparation for this assignment, use the Internet or Strayer Library to research companies that haverecently experienced negative consequences as a result of the company’s corporate activities.Write a six to eight (6-8) page paper in which you:1. Describe the key characteristics of a stakeholder and determine all the stakeholders within thePharmaCARE scenario.2. Analyze the human rights issues presented by PharmaCARE’s treatment of the Colberia’sindigenous population versus that of its executives. Recommend at least three (3) changesPharmaCARE can make to be more ethical going forward.3. Assess PharmaCARE’s environmental initiative against the backdrop of its anti-environmentallobbying efforts and Colberian activities. Support the position.4. Decide whether or not PharmaCARE’s actions with respect to the indigenous people of Colberiawould be ethical in accordance with each of the following ethical theories:a. Utilitarianismb. Deontologyc. Virtue ethicsd. Ethics of caree. Your own moral / ethical compass5. Compare PharmaCARE’s actions with those of at least one (1) real-world company, whosecorporate activities led to ethical, environmental, or workplace safety issues and financial loss.Analyze the similarities and differences between PharmaCARE and the company that you chose.6. Use at least three (3) quality resources in this assignment. Note: Wikipedia is not an acceptablereference and proprietary Websites do not qualify as academic resources.
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