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Ethics and Corporate Responsibility in the Workplace

PharmaCARE is one of the world’s most successful pharmaceutical companies based in New Jersey, USA. Its shareholders consist of the stockholders of the company, its customers who consume its products, its employees, the regulatory agencies and the general public.
The stockholders of PharmaCARE are primarily concerned with the return of their investment in the company and is open to any means possible that would enhance the company’s bottom line. The employees of PharmaCARE especially its top executive is selectively ethical who would only pursue initiatives that are not damaging to the company’s business and would defeat any government regulations that the company does not like. For example, PharmaCARE sponsors healthcare educational programs and scholarships and even launched We Care about YOUR World that committed the company to the environmental practices such as recycling but on the other hand, PharmaCARE has also lobbied for the defeat of environmental laws and regulations and has exploited the people of Colberia by paying them only $1.00 a day for harvesting plants and walking five miles into and out of the jungle carrying baskets that weigh up to 50 pounds.
The customers of PharmaCARE are primarily concerned with cheap medications while the regulatory agencies are concerned whether PharmaCARE has complied with its regulations. The general public trusts that it is a reputable company that practice responsible corporate citizenship.
The labor practices of PharmaCARE in Colbert is unfair because the company only pays its workers $1.00 a day for harvesting plants and walking five miles into and out of the jungle carrying baskets up to 50 pounds.