characteristics of a stakeholder

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Describe the key characteristics of a stakeholder and determine all the stakeholders within

the PharmaCARE scenario:

Stakeholders are the entities which have a direct or indirect impact due to the operations of the

organization. Stakeholders are also the people who have an impact on the organization. Stanford

Research Institute defines stakeholders as "those groups without whose support the organization

would cease to exist." The key stakeholders of PharmaCARE are identified to be the board of

Directors, the employees of PharmaCARE from USA, the Colberian workers, the government of

USA, the government of Colberia, the people of USA and the people of Colberia. The reason

behind why they are considered to be stake holders is mentioned below:

1. Board of Directors : directly depend on the profit of the organization and the success of

organization depends on their decisions

2. American employees of PharmaCARE: benefited by the success of the organization and

are also play vital role in taking the company in the success path

3. Colberian Workers: Got employment because of PharmaCARE but their lifestyle has not

improved.

4. Government of USA: Concerned about the Taxes that the company pays and the

employment it offers to he countrymen

5. Government of Colberia: Interested in the Foreign Direct Investments created by

PharmaCARE and employment

6. People of USA: First to be benefited by Any useful invention of the organization.

7. People of Colberia: Victims of the long term damage caused t the ecosystem by the

company.

Analyze the human rights issues presented by PharmaCARE’s treatment of the

Colberia’s indigenous population versus that of its executives. Recommend at least

three (3) changes PharmaCARE can make to be more ethical going forward

Human Rights issues and Recommendations are:

1. Low Wages to Colberian workers: Colberian workers are paid only $1/day while the ILO

defines that $2 as the minimum labor wage to be paid to any full time employee in an

organization irrespective of sex, cadre, education, caste, creed or religion.

Recommendation: Wages to be increased.

2. Poor Working Conditions: Colberian workers are forced to harvest plants by walking five

miles into and out of the jungle carrying baskets that, when full, weigh up to fifty pounds.

Recommendation: They should be provided with vehicle to reduce the walking distance

and carry the load.

3. Poor Living Conditions: Primitive huts to live.

Recommendation: Compounded societies to be built for the Colberian workers with

electricity, running water and proper sanitary conditions. Besides this the society should

have schools for their children and some recreation place like park.

4. Bias between Native workers and workers from USA: Employees from USA have all

specially designed amenities while the native workers are spared with none. This might

cause a drift between the natives and foreigners.

Recommendation: All employees should be treated same.

Assess PharmaCARE’s environmental initiative against the backdrop of its anti-

environmental lobbying efforts and Colberian activities. Support the position.

PharmaCARE successfully lobbied against the CERCLA by their recent initiative “We CARE

about YOUR world®”, which promises safe recycling and green ideals. This saved the company

from paying the superfund tax to the government. They argued on the terms that they will spend

money in the process of recycling so that no hazardous toxic is released in the environment. But

they did not follow any eco friendly measures at Colberia. PharmaCARE destroyed the habitat

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Describe the key characteristics of a stakeholder and determine all the stakeholders within the PharmaCARE scenario: Stakeholders are the entities which have a direct or indirect impact due to the operations of the organization. Stakeholders are also the people who have an impact on the organization. Stanford Research Institute defines stakeholders as?"those groups without whose support the organization would cease to exist." The key stakeholders of PharmaCARE are identified to be the board of Directors, the employees of PharmaCARE from USA, the Colberian workers, the government of USA, the government of Colberia, the people of USA and the people of Colberia. The reason behind why they are considered to be stake holders is mentioned below: 1. Board of Directors : directly depend on the profit of the organization and the success of organization depends on their decisions 2. American employees of PharmaCARE: benefited by the success of the organization and are also play vital role in taking the company in the success path 3. Colberian Workers: Got employment because of PharmaCARE but their lifestyle has not improved. 4. Government of USA: Concerned about the Taxes that the company pays and the employment it offers to he countrymen 5. Government of Colberia: Interested in the Foreign Direct Investments created by PharmaCARE and employment 6. People of USA: First to be benefited by Any useful invention of the organization. 7. People of Colberia: Victims of the long term damage ...
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