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Employement-at-Will-Doctrine

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Submitted By ford1984
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Employment-At-Will Doctrine
Cameron Ford
Professor Aryka N. Moore
Leg 500: Law, Ethics & Corporate Governance
June, 1 2014

Introduction The pharmaceutical industry is dominated by a small number of private, for-profit companies. “Big Pharma” is the collective name for the world’s ten to fifteen largest pharmaceutical companies, which lead the industry (Gibson, 2013). The Industry has expanded globally and this growth is expected to continue. Pharmacare Pharmaceutical Company based in Clark, NJ, was founded in 1976 by Harlan Martin. Martin’s philosophy was simple the patients come first. PharmaCare is one of the world’s leading pharmaceutical companies, they aren’t affiliated with any other pharmaceutical companies or healthcare corporations. They had developed a reputation as a company that places high importance on ethics, provided quality healthcare products and services and educational products. They were also environmentally friendly by controlling recycling, incorporated changes to packaging procedures and many other green initiatives. Like many other successful companies Pharmacare looked for ways to reduce costs and make themselves more profitable. They outsourced work to the African nation of Colberia, where they took advantage of information on natural cures, low payout wages, and the ability to significantly increase products.
Stakeholders
A stakeholder is defined as an individual or group who has interest in or actively supports a business (Gilstein, 2013). Stakeholders benefit companies in many different ways. They secure resources needed to fund a project or make decisions, provide valuable opinions and suggestions that will improve the quality of projects and by having stakeholders backing a company it is easier to gain the support of the public. The disadvantages of incorporating shareholders into business decisions

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