Reference no: EM13755693 , Length: 1500 words
Ethics and Corporate Responsibility in the Workplace and the World
PharmaCARE (We CARE about YOUR health®) is one of the world's most successful pharmaceutical companies, enjoying a reputation as a caring, ethical and well-run company that produces high-quality products that save millions of lives and enhance the quality of life for millions of others. The company offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and its CEO serves on the PhRMA board. PharmaCARE recently launched a new initiative, We CARE about YOUR world®, pledging its commitment to the environment through recycling, packaging changes and other green initiatives, despite the fact that the company's lobbying efforts and PAC have successfully defeated environmental laws and regulations, including extension of the Superfund tax, which was created by Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA).
Based in New Jersey, PharmaCARE maintains a large manufacturing facility in the African nation of Colberia, where the company has found several "healers" eager to freely share information about indigenous cures and an abundance of Colberians willing to work for $1.00 a day, harvesting plants by walking 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 no electricity or running water. PharmaCARE's executives, however, live in a luxury compound, complete with a swimming pool, tennis courts, and a golf course. PharmaCARE's extensive activities in Colberia have destroyed habitat and endangered native species.
In preparation for this assignment, use the Internet or Strayer Library to research companies that have recently experienced negative consequences as a result of the company's corporate activities.
Write a six to eight (6-8) page paper in which you:
- Describe the key characteristics of a stakeholder and determine all the stakeholders within the PharmaCARE scenario.
- Analyze the human rights issues presented by PharmaCARE's treatment of the Colberia's indigenous population versus that of its executives. Recommend at least three (3) changes PharmaCARE can make to be more ethical going forward.
- Assess PharmaCARE's environmental initiative against the backdrop of its anti-environmental lobbying efforts and Colberian activities. Support the position.
- Decide whether or not PharmaCARE's actions with respect to the indigenous people of Colberia would be ethical in accordance with each of the following ethical theories:
- Utilitarianism
- Deontology
- Virtue ethics
- Ethics of care
- Your own moral / ethical compass
- Compare PharmaCARE's actions with those of at least one (1) real-world company, whose corporate 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.
- Use at least three (3) quality resources in this assignment. Note: Wikipedia is not an acceptable reference and proprietary Websites do not qualify as academic resources.
|
Identify and assess fraud that occurred in organization
: Based on your research, identify and assess the fraud that occurred in the organization, as well as the impact that the fraud had on the corporation's investors and creditors.
|
|
Triple constraint
: “Triple Constraints.” Please respond to the following: Identify a project in which you have been involved. Describe how each of the triple constraint priorities was defined for that project.
|
|
Describe how the stratification of society was made possible
: Describe how the stratification of society was made possible and how it transformed the nature of human existence.
|
|
Impaired assets and depreciation methods
: From the e-Activity, summarize the authoritative guidance for asset impairments under IFRS. Give at least two (2) examples of events that could cause an asset to be tested for impairment, and recommend the best method to determine the fair value o..
|
|
Ethics and corporate responsibility in the workplace
: Ethics and Corporate Responsibility in the Workplace and the World - Describe the key characteristics of a stakeholder and determine all the stakeholders within the PharmaCARE scenario.
|
|
Who are the stakeholders in such a decision
: Assume your community is trying to decide whether to build a new airport. Who are the stakeholders in such a decision? Who are shareholders? What differences do you see between the two groups of interested parties? What stakeholder school(s) of thoug..
|
|
Create a business process modeling notation diagram
: Create a business process modeling notation diagram (BPMN) to explain your company's business activities. Insert the image IN YOUR DOCUMENT.
|
|
Create a journal on a freedom rider headed to new orleans
: Create a journal on A freedom rider headed to New Orleans in 1960 and Protestor at the Lincoln Memorial who hears King give his "I Have a Dream" speech.
|
|
Fields of accounting and finance
: You will write an 950-1000 word essay in current APA format that focuses on how biblical concepts are related to the fields of accounting and finance.
|