Due Week 7 and worth 250 points
PharmaCARE (We CARE about YOUR health) is one of the worldsmost successful pharmaceutical companies, enjoying a reputationas a caring, ethical and well-run company that produceshigh-quality products that save millions of lives and enhance thequality of life for millions of others (Note: PharmaCARE is ahypothetical company that you will to compare to a real companyas noted in the assignment criteria below). The company offersfree and discounted drugs to low-income consumers, has afoundation that sponsors healthcare educational programs andscholarships, and its CEO serves on the PhRMA board. PharmaCARErecently 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 factthat the companys lobbying efforts and PAC have successfullydefeated environmental laws and regulations, including extensionof the Superfund tax, which was created by ComprehensiveEnvironmental Response, Compensation, and Liability Act(CERCLA).
Based in New Jersey, PharmaCARE maintains a large manufacturingfacility in the African nation of Colberia, where the company hasfound several healers eager to freely share information aboutindigenous cures and an abundance of Colberians willing to workfor $1.00 a day, harvesting plants by walking five (5) miles intoand out of the jungle carrying baskets that, when full, weigh upto fifty (50) pounds. Due to the low standard of living inColberia, much of the population lives in primitive huts with noelectricity or running water. PharmaCAREs executives, however,live in a luxury compound, complete with a swimming pool, tenniscourts, and a golf course. PharmaCAREs extensive activities inColberia have destroyed habitat and endangered native species.
In preparation for this assignment, use the Internet or StrayerLibrary to research companies that have recently experiencednegative consequences as a result of the companys corporateactivities. Compare the facts and consequences surrounding thecompanies you have researched to PharmaCare to support yourresponse(s) to the criteria below.
Write a six to eight (6-8) page paper in which you:
Describe the key characteristics of a stakeholder anddetermine all the stakeholders within the PharmaCARE scenario.
Analyze the human rights issues presented by PharmaCAREstreatment of the Colberias indigenous population versus that ofits executives. Recommend at least three (3) changes PharmaCAREcan make to be more ethical going forward.
Assess PharmaCAREs environmental initiative against thebackdrop of its anti-environmental lobbying efforts and Colberianactivities. Support the position.
Decide whether or not PharmaCAREs actions with respect tothe indigenous people of Colberia would be ethical in accordancewith each of the following ethical theories:
Ethics of care
Your own moral / ethical compass
Compare PharmaCAREs 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 andthe company that you chose.
Use at least three (3) quality resources in this assignment.Note: Wikipedia is not an acceptable reference and proprietaryWebsites do not qualify as academic resources.