Key characteristics of a stakeholder

Assignment Help Finance Basics
Reference no: EM13791066 , Length: 1500

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:

  1. Describe the key characteristics of a stakeholder and determine all the stakeholders within the PharmaCARE scenario.
  2. 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.
  3. Assess PharmaCARE's environmental initiative against the backdrop of its anti-environmental lobbying efforts and Colberian activities. Support the position.
  4. 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:

    1. Utilitarianism
    2. Deontology
    3. Virtue ethics
    4. Ethics of care
    5. Your own moral / ethical compass
  5. 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.
  6. Use at least three (3) quality resources in this assignment.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.
  • Include a cover page containing the title of the assignment. The cover page and the reference page are not included in the required assignment page length

Reference no: EM13791066

Questions Cloud

Examine what stood out about the culture : Examine what stood out about the culture. Compare and contrast the similarities and differences of this culture with your own. Examine the ways of this culture. Is it one you would want to visit or live in?
Contrast the internal rate of return : Compare and contrast the Internal Rate of Return (IRR), the Net Present Value (NPV) and Payback approaches to capital rationing. Which do you think is better?
Inequality for the perimeter realted problems : The length of a rectangle is 5 mm longer than its width. Its perimeter is more than 30 mm. Let w equal the width of the rectangle.
Hereditary diseases and genetics : Hereditary Diseases and Genetics
Key characteristics of a stakeholder : 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 execu..
Restrictions on termination of employment in european : Search your text and at least one article found through ProQuest on the topic of restrictions on termination of employment in European countries.
Describe the local economys stage in the business cycle : Describe the local economys stage in the business cycle and describe how current credit market conditions affect your planning or operating decision for your good or service.
Discuss the nature and basic function of the nervous system : Discuss the nature and basic function of the nervous system
How the capm assists in measuring both risk and return : Explain how the CAPM assists in measuring both risk and return. Explain how the CAPM assists in calculating the weighted average costs of capital (WACC) and its components.

Reviews

Write a Review

Finance Basics Questions & Answers

  A project has an initial outla of 4000 it has a single

a project has an initial outla of 4000. it has a singlepayoff at the end of the year 4 of 6996.46. what is the internal

  Present value of investment

How much will you have at the end of 40 years? How much would you have if the 11% was earned in the first 20 years, and the 7% in the last 20 years? What is the present value of your investment?

  How much additional funds afn will be needed

How much additional funds (AFN) will be needed

  Calculate the change in ebit and the change in sales

Coca Cola reported 30.99 billion in sales in 2009 and 31.94 in 2008. Operating costs were 8.23 billion in 2009 and 8.45 in 2008. How do I calculate the change in EBIT and the change in sales?

  Agree or disagree with and discuss the following statement

agree or disagree with and discuss the following statement corporate intelligence is not corporate espionage because 95

  Create journal entry to record fuzzy monkeys investment on

fuzzy monkey technologies inc. purchased as a long-term investment 190 million of 8 bonds dated january 1 on january 1

  Obtain cash flow statements of wal-mart

Obtain cash flow statements of Wal-Mart for the last two years for the publicly traded company and select two performance ratios and two coverage ratios for cash flow analysis that you think will be most effective.

  Explain trend of interest rates

Explain trend of interest rates and describe the trend of interest rates over the last several years

  Now dana acquires some risky assets that cause its beta to

data for dana industries is shown below. now dana acquires some risky assets that cause its beta to increase by 30. in

  How many more shares can be issued without the approval of

the authorized share capital of the alfred cake company is 100000 shares. the equity is currently shown in the

  A corporation has decided to replace an existing asset with

a corporation has decided to replace an existing asset with a newer model. the new asset will cost 70000. the original

  Determine auto insurance is needed primarily because of

1. auto insurance is needed primarily because ofa. potential damage to auto.b. potential liability claims.c. lenders

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd