Ethics and Corporate Responsibility 2 Based in New Jersey , PharmaCARE ( We CARE about YOUR health® ) is one of the world’s most successful pharmaceutical companies, best known as a caring, ethical and well-ran company producing high-quality products that save millions of lives while enhancing the quality of life for millions of others. PharmaCARE offers free and discounted drugs to low-income consumers, has a foundation that sponsors healthcare educational programs and scholarships, and a CEO whom sits on the PhRMA board. The PhRMA board, along with the low income consumers, the foundation, CEO, the State of New Jersey, and its employees are the key stakeholders of PharmCARE. PharmaCARE also, has a large manufacturing facility in the African nation of Colberia. So, that would make Colberia and the Colberian’s key stake holders as well. Stakeholders are persons, groups or organizations who share common interests and/or concerns within an organization. Stakeholders may sway or can be swayed by actions of the organization, their purpose and guidelines. Although all share a common interest not all stake holders are equal. The consumers are warranted fair trading practices within organizations but do not receive the same concern as an employee. However, in the case of PharmaCare not even all employees are treated equally. PharmaCARE has been made known of the indigenous cures in Colberia. Along with utilizing their natural resources to make pharmaceuticals, they are employ Colberians satisfied with working for as little as $1.00 per day. Their job consists of walking a total of ten miles back and forth through the jungle with baskets of harvested plants weighing as much as fifty pounds. The communities in Colberia are very poor and subpar. Many live in primitive huts and have no running water or electricity. But the execs, have been identified as living in luxurious
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