Illegal Business Practices at Pharmacare: A Review

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Corporate Social Responsibility at PharmaCARE by for Course Title: The exploitation of impoverished peoples is certainly not new, but the fact that the practice continues in the 21st century is caused for great concern among policymakers and nongovernmental organizations alike. Exploitation at any level is unacceptable, of course, but when it involves a major multinational corporation and illegal business practices, it becomes a crime that requires effective disposition. This was the case with the company, PharmaCARE and its subsidiary, CompCARE, which used its position and power in ways that ultimately killed dozens of patients and harmed numerous employees. To determine the facts in this case, this paper provides a review of the relevant peer-reviewed and scholarly literature concerning exploitive business practices and whistle-blowing, followed by a summary of the research and important findings concerning these issues in the conclusion. Identification of All the Stakeholders in This Scenario There are potentially tens of millions of stakeholders involved in this scenario. Besides the employees of PharmaCARE and CompCARE as well as the general population of Colberia and those who were hired to conduct harvesting activities in its jungles, the stakeholders in this scenario include uncounted numbers of U.S. Department of Veterans Affairs, Medicare and Medicaid beneficiaries who have used the medications manufactured by CompCARE to treat their Alzheimer's disease.

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