10 Nov Assignment 3: Ethics and Corporate Responsibility
Assignment 3: Ethics and Corporate Responsibility in the Workplace and theWorldDue Week 7 and worth 250 pointsPharmaCARE (We CARE about YOUR health) is one of the world’s most successfulpharmaceutical companies, enjoying a reputation as a caring, ethical and well-runcompany that produces high-quality products that save millions of lives and enhancethe quality of life for millions of others (Note: PharmaCARE is a hypotheticalcompany that you will to compare to a real company as noted in the assignmentcriteria below). The company offers free and discounted drugs to low-incomeconsumers, has a foundation that sponsors healthcare educational programs andscholarships, and its CEO serves on the PhRMA board. PharmaCARE recentlylaunched a new initiative, We CARE about YOUR world, pledging its commitment tothe environment through recycling, packaging changes and other green initiatives,despite the fact that the company’s lobbying efforts and PAC have successfullydefeated environmental laws and regulations, including extension of the Superfundtax, which was created by Comprehensive Environmental Response, Compensation,and Liability Act (CERCLA).Based in New Jersey, PharmaCARE maintains a large manufacturing facility in theAfrican nation of Colberia, where the company has found several healers eager tofreely share information about indigenous cures and an abundance of Colberianswilling to work for $1.00 a day, harvesting plants by walking five (5) miles into andout of the jungle carrying baskets that, when full, weigh up to fifty (50) pounds. Dueto the low standard of living in Colberia, much of the population lives in primitivehuts with no electricity or running water. PharmaCARE’s executives, however, live ina luxury compound, complete with a swimming pool, tennis courts, and a golf course.PharmaCARE’s extensive activities in Colberia have destroyed habitat andendangered native species.In preparation for this assignment, use the Internet or Strayer Library to researchcompanies that have recently experienced negative consequences as a result of thecompany’s corporate activities. Compare the facts and consequences surrounding thecompanies you have researched to PharmaCare to support your response(s) to thecriteria below.Write a six to eight (6-8) page paper in which you:1. Describe the key characteristics of a stakeholder and determine all thestakeholders within the PharmaCARE scenario. 2. Analyze the human rights issues presented by PharmaCARE’s treatment of theColberia’s indigenous population versus that of its executives. Recommend atleast three (3) changes PharmaCARE can make to be more ethical goingforward.3. Assess PharmaCARE’s environmental initiative against the backdrop of itsanti-environmental lobbying efforts and Colberian activities. Support theposition.4. Decide whether or not PharmaCARE’s actions with respect to the indigenouspeople of Colberia would be ethical in accordance with each of the followingethical theories:a. Utilitarianismb. Deontologyc. Virtue ethicsd. Ethics of caree. Your own moral / ethical compass5. Compare PharmaCARE’s actions with those of at least one (1) real-worldcompany, whose corporate activities led to ethical, environmental, or workplacesafety issues and financial loss. Analyze the similarities and differencesbetween PharmaCARE and the company that you chose.6. Use at least three (3) quality resources in this assignment. Note: Wikipedia isnot an acceptable reference and proprietary Websites do not qualify asacademic resources.Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with oneinch margins on all sides; citations and references must follow APA or schoolspecific 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 thereference 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 onorganizations. Use technology and information resources to research issues in law, ethics, andcorporate governance. Write clearly and concisely about law, ethics, and corporate governance usingproper writing mechanics. Points: 250 Assignment 3: Ethics and Corporate Responsibility in the Workplace andthe WorldUnacceptable Fair Proficient Exemplary Below 70% F 70-79% C 80-89% B 90-100% A Did not submit orincompletelydescribed the keycharacteristics of astakeholder, anddid not submit orincompletely
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