Ethics and Corporate Responsibility

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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 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:

  • 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. Check with your professor for any additional
    instructions.
  • Include a cover page containing the title of the
    assignment, the student’s name, the professor’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.

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