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2: Ethics and Corporate Responsibility in the Workplace and the World - Assignment Example

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Assignment 2: Ethics and Corporate Responsibility in the Workplace and the World Name Institution Instructor Date Stakeholders are individuals or groups of people who have interest in any organization. They are the people who stand to lose or gain from the failure or success of an organization due to the actions, objectives and policies adopted…
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Download file to see previous pages (Glynn & Richman, 2007, p.23). The Colberians ought to be treated well as any other CompCARE employee. CompCARE depends on these locals for the collection of the native plants from deep the forest so as to enable them manufacture their drugs. In any corporate organization, corporate social responsibility is essential to the business since it is a way of appreciating the hospitality of the local community. It’s very clear that in this era of global competition between corporate organizations, many companies have realized the need to be part of the society in which they operate. Organizations that pay attention to the principle of being involved in social responsibility benefit from the public as their goods and services will be favored for consumption by consumers. (Stone, 2007, p.243-255). One of the ways in which CompCARE has engaged itself in corporate social responsibility in Colberia is by employing the locals to collect native plants from the forest. Giving the locals an opportunity to work in the firm’s factory is a positive move from the company as this will help in improving their lives hence making them realize the importance of such a company setting up manufacturing plant in their area. However, the Colberians are receiving inhumane treatment since they are expected to carry full baskets of up to fifty pounds from deep the forest and walk up to five miles and then at the end of the day they are paid only one dollar. Due to this, the standards of living in Colberia have remained low and most of the people are living in primitive huts with no running water or electricity. (Mallor, 2010, p.102). On the other side, PharmaCARE’s executives are enjoying lavish lives with their compounds fully furnished with a swimming pool, tennis courts and a golf course. This kind of treatment of the Colberians is not only inhumane but also unethical. It will be courteous for PharmaCARE to extend some basic services like running water and electricity to the locals as a sign of appreciation to their hospitality. Those employed by PharmaCARE deserve fair treatment ranging from paying them fairly in commensurate with the work done and also providing good working conditions. Inhumane treatment of workers is not only unethical but also bad business practice that will lead creation of a culture of distrust from both the employees and the locals and this may lead to rebellion and expensive lawsuits. (Stone, 2007, p.223). In accordance to the Employment-at-will doctrine, an employer can terminate the employment contract of his or her employee at any time for any reason except one that is illegal or for no reason without incurring legal liability. It also points out that an employee can leave his or her current job at any time without any reason and with no adverse legal consequences. (Glynn & Richman, 2007, p.67). Therefore in regard to Tom’s case that involves threatening to complain to Occupational Safety and Health Administration (OSHA) about the quality of air in the lab, it’s clear that he has decided to act as whistleblower since he is exposing the life-threatening conditions in PharmaCARE’s labs. It is quite clear that PharmaCARE management didn’t take into consideration the environmental impact of their actions to both the local and the laboratory technicians. This is a sign of ...Download file to see next pagesRead More
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