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Ethics and Corporate Responsibility

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Ethics and Corporate Responsibility
Legal, Ethics, and Corporate Governance

Jekilan Hill-Barrett Professor Weekley November 23, 2014

Ethics and Corporate Responsibility

The stakeholders within PharmaCARE are all the individuals and groups that are affected by the company’s decisions. The employees that may suffer from the lack of environmental safety or abuse of the production location allowing the organization to payless to workers for their hard work. The consumers of the organization’s products that may purchase bad goods that cause a negative reaction. The investors and stockholders who will lose any monetary investment due to the company’s loss of profits which would be an effect of inappropriate management of the organization. Due to the inappropriate management employees may lose their jobs which effects them as the stakeholders of the organization.
PharmaCARE 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 has saved millions of lives and enhanced the quality of life of others. This company also offers discounted and free drugs to low income consumers. PharmaCARE’s ethics can be truly questioned due to its many wrong doings that have gone against to they’re established ethical values. To start off, this company maintains a large manufacturing facility in Colberia, Africa. Here the company has found several healers eager to freely share information about indigenous cures and an abundance of Colberians that were willing to work for $1.00 a day harvesting plants by walking 5 miles in and out of the jungle carrying heavy baskets containing these plants. This company is known for being caring and ethical for which this is completely contrary to their mission. PharmaCARE being a successful and stable company should be able

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