Ethics and Corporate Responsibility in the Workplace and the World

1623 Words7 Pages
Assignment #2: Ethics and Corporate Responsibility in the Workplace and the World This paper will explore the common issues of what a lot of companies face when dealing with employee relations and factors in the reality of some companies that go to the extreme into violating laws to hide illegal practices. These are not isolated cases; these bad practices are more common than we think they are. It really takes a good solid manager to successfully and positively deal with the issues in side with what is right for the company considering both factors: the stakeholders and the employees involved in the issue. Stakeholders are those who can affect or be affected by the organization’s actions, objectives and or policies. Actions can be…show more content…
Due to Colberia’s low standard of living these people live in primitive huts with no electricity and running water. PharmaCARE should at least provide them with the essentials of their daily needs like clean water for example. Also, provide them with carriers like wagons where they could carry the plants in and out of the jungle instead of doing it themselves. This would not only be an act of kindness but it would also keep the workers motivated to continue they’re work. If the company is not willing to pay them more than $1.00 per day, they should provide them with other essentials. It is stated that PharmaCARE’s executives, however, live in a luxury compound, complete with a swimming pool, tennis courts, and a golf course. Although Colberians are used to living the way they do, as mentioned before due to their low standard of living, this is can be seen as unethical and disrespectful to all Colberian workers. Two years ago after research indicated that one of its top-selling diabetes drugs might slow the progression of Alzheimer’s disease; its pharmacists began reformulating the drug to maximize the effect. To avoid FDA scrutinity, PharmaCARE then established a wholly-owned subsidiary, called CompCARE to operate as a compounding pharmacy to sell the new formulation to individuals on a prescription basis. CompCARE then set up an office near headquarters, and to conserve money and time, did a quick
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