Ethics and Corporate Responsibility
Name
Institution
Course
Date
Ethics and Corporate Responsibility in the Workplace and the World
Introduction
Today’s world is corporate world since we either work their consumers their product or live around one. These corporates should maintain good ethics on the people working for it the surrounding community and their consumers. They should uphold their corporate responsibility by give back to the community and making sure they conserve the environment in all their processes (Frederick, 1999). pharmCare has many stakeholders around it these are; first all the employees working for the company from the lowest level to the top management, all those people should have a say in the company an should be treated with the same respect and should enjoy the facilities privileges of the company and should be involved in decision that may affect them like a merger with another company, changes in top management or downsizing of employees.
CompCare is also another stakeholder in PharmCare since they it’s owned by PharmCare to produce AD23 a formulation sell it and even market it. In case of changes PharCare is taking CompCare management should be notified in time and they should and have a say in decision making that may involve their company such as the step by compCare to sell it to another company.
Another important stakeholder in PharmCare is the community or the citizens of Colberia. These people are indirectly attached to the company but should not be taken for granted by the company and should be involved in any major decision the company may be taking and may have an impact on them such as dumping of their waste product or hiring of employees.
Governments of both America and Colberia are other major stakeholder PharCare should put into consideration in case of major changes the company should partake concerning such issue as labor, health and taxation.
PharmCare has little value for its indigenous employees and puts much consideration to its top
Institution
Course
Date
Ethics and Corporate Responsibility in the Workplace and the World
Introduction
Today’s world is corporate world since we either work their consumers their product or live around one. These corporates should maintain good ethics on the people working for it the surrounding community and their consumers. They should uphold their corporate responsibility by give back to the community and making sure they conserve the environment in all their processes (Frederick, 1999). pharmCare has many stakeholders around it these are; first all the employees working for the company from the lowest level to the top management, all those people should have a say in the company an should be treated with the same respect and should enjoy the facilities privileges of the company and should be involved in decision that may affect them like a merger with another company, changes in top management or downsizing of employees.
CompCare is also another stakeholder in PharmCare since they it’s owned by PharmCare to produce AD23 a formulation sell it and even market it. In case of changes PharCare is taking CompCare management should be notified in time and they should and have a say in decision making that may involve their company such as the step by compCare to sell it to another company.
Another important stakeholder in PharmCare is the community or the citizens of Colberia. These people are indirectly attached to the company but should not be taken for granted by the company and should be involved in any major decision the company may be taking and may have an impact on them such as dumping of their waste product or hiring of employees.
Governments of both America and Colberia are other major stakeholder PharCare should put into consideration in case of major changes the company should partake concerning such issue as labor, health and taxation.
PharmCare has little value for its indigenous employees and puts much consideration to its top
Cited: Currie, D. P. (1976). OSHA. Chicago: American Bar Foundation. Frederick, R. (1999). A companion to business ethics. Malden, Mass.: Blackwell Publishers. Hancock, J. (2004). Investing in corporate social responsibility: a guide to best practice, business planning & the UK 's leading companies. London: Kogan Page. OSHA. (2011). Washington, D.C.: U.S. Dept. of Labor, Occupational Safety and Health Administration. Runte, C. (2005). Anonymous Hotlines for Whistleblowers: the U.S. Sarbanes Oxley Act and European Compliance Issues. Chicago, Ill.: Blackwell Publishers. Switzer, C. S., & Gray, P. L. (2008). CERCLA: Comprehensive Environmental Response, Compensation, and Liability Act (Superfund) (2nd ed.). Chicago, Ill.: American Bar Association, Section of Environment, Energy and Resources.