Describe the key characteristics of a stakeholder

Assignment Help Business Law and Ethics
Reference no: EM131302840

Students, please view the "Submit a Clickable Rubric Assignment" in the Student Center. Â

Instructors, training on how to grade is within the Instructor Center.

Assignment : Ethics and Corporate Responsibility in the Workplace and the World

PharmaCARE (We CARE about YOUR health®) is one of the worldâ€TMs 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 (Note: PharmaCARE is a hypothetical company that you will to compare to a real company as noted in the assignment criteria below). 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 companyâ€TMs 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. PharmaCAREâ€TMs executives, however, live in a luxury compound, complete with a swimming pool, tennis courts, and a golf course. PharmaCAREâ€TMs 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 companyâ€TMs corporate activities. Compare the facts and consequences surrounding the companies you have researched to PharmaCare to support your response(s) to the criteria below.

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 PharmaCAREâ€TMs treatment of the Colberiaâ€TMs indigenous population versus that of its executives. Recommend at least three (3) changes PharmaCARE can make to be more ethical going forward.

3.Assess PharmaCAREâ€TMs environmental initiative against the backdrop of its anti-environmental lobbying efforts and Colberian activities. Support the position.

4.Decide whether or not PharmaCAREâ€TMs actions with respect to the indigenous people of Colberia would be ethical in accordance with each of the following ethical theories:
a.Utilitarianism
b.Deontology
c.Virtue ethics
d.Ethics of care
e.Your own moral / ethical compass

5.Compare PharmaCAREâ€TMs 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 three (3) 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 studentâ€TMs name, the professorâ€TMs 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.

Reference no: EM131302840

Questions Cloud

What is the earnings before interest and taxes : Miller Manufacturing is analyzing a proposed project. The company expects to sell 8,000 units, plus or minus 2 percent. The expected variable cost per unit is $12 and the expected fixed costs are $287,000. What is the earnings before interest and tax..
Discuss how information risk may differ for an audit : Greenbloom Garden Centres is a large public company whose shares trade on the TSX. The Greenbloom family owns 51% of the company’s shares, and the remainder are widely held. Discuss how information risk may differ for an audit of a public company vs...
Analyze an urban area population density : Analyze an urban area's population density by census tract to test if predictions of urban models hold true. You could examine changes over time (e.g. 1980, 1990, 2000, 2010) or if densities vary by direction from the CBD or if subcenters affect t..
Based on agency relationships and tort actions : What would the family have to show in order to hold Walmart liable? What defenses can Walmart raise to avoid liability? Are there other potential defendants? If so, what would be the theories for suing them?
Describe the key characteristics of a stakeholder : Compare PharmaCARE 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 ..
What is the yield on three-year treasury securities : The real risk-free rate is 2.75%. Inflation is expected to be 1.75% this year and 3.5% during the next 2 years. Assume that the maturity risk premium is zero. What is the yield on 3-year Treasury securities?
Signs and systems associated with hormone imbalance : You will need to determine the path from beginning (hypothalamus) to end organ or hormone. Indicate the sequencing with arrows (à) and include all hormones and organs in the path.
What is the operating cash flow in year one : You have been asked by the president of your company to evaluate the proposed acquisition of a new specialpurpose truck. The truck's basic price is $50,000, and it will cost another $10,000 to modify it for special use by your firm. What is the net i..
What challenges do native american communities face : What challenges do Native American communities face? What are the root causes of these challenges? Current Native Americans. Must be 300 words in APA format. Need in four hours from post.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd