Ethics and Corporate Responsibility
PharmaCARE (We CARE about YOUR healthÂ®) is one of the
worldâ€™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 worldÂ®, pledging its commitment to the environment through
recycling, packaging changes and other green initiatives, despite the
fact that the companyâ€™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
â€œhealersâ€ 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. PharmaCAREâ€™s
executives, however, live in a luxury compound, complete with a swimming
pool, tennis courts, and a golf course. PharmaCAREâ€™s extensive
activities in Colberia have destroyed habitat and endangered native
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 companyâ€™s corporate
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.
the human rights issues presented by PharmaCAREâ€™s treatment of the
Colberiaâ€™s indigenous population versus that of its executives.
Recommend at least three (3) changes PharmaCARE can make to be more
ethical going forward.
- Assess PharmaCAREâ€™s environmental
initiative against the backdrop of its anti-environmental lobbying
efforts and Colberian activities. Support the position.
whether or not PharmaCAREâ€™s actions with respect to the indigenous
people of Colberia would be ethical in accordance with each of the
following ethical theories:
- Virtue ethics
- Ethics of care
- Your own moral / ethical compass
PharmaCAREâ€™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.
at least four (4) quality resources in this assignment. Note: Wikipedia
is not an acceptable reference and proprietary Websites do not qualify
as academic resources.
Your assignment must follow these formatting requirements:
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. Check with your professor for any additional
- Include a cover page containing the title of the
assignment, the studentâ€™s name, the professorâ€™s name, the course
title, and the date. The cover page and the reference page are not
included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
- Analyze and evaluate laws that protect against discrimination in the workplace.
- Examine and assess employee rights to health and safety in the workplace.
- Analyze environmental protection laws and assess their impact on organizations.
- Use technology and information resources to research issues in law, ethics, and corporate governance.
- Write clearly and concisely about law, ethics, and corporate governance using proper writing mechanics.
All papers will be scanned and zero plagerisim will be tollerated.