Ethics and Corporate Responsibility in the Workplace and the World

The first category of stakeholders in this case are the executives and managers. Their consideration is that the business strongly relies on partners helping them in the provision of the best value products to their customers. Retailers become increasingly dependent on strong managerial relationships in providing the best quality products within their customers’ optimal price points. The second category of stakeholders are the Medicare, Medicaid, and VA patients. These are the main cutomers of PharmaCARE. They are mainly interested in quality customer service as well as top-range products to address their needs (Jennings, 2010). For this reason, they are attracted to PharmaCARE as it continues to prove nbeaten in its advertisements. Further, the workers form the third grouping of the stakeholders. These category form’s PharmaCARE’s human resource and are very instrumental in the production and daily running of the organization. Their major interest is improved working conditions which, currently, PharmaCARE has shown no concern over. There is a high rate of absenteesm due to frequent sicknesses whichtally down to the break down of the ventilation system. The compounding pharmacies who are also categorized as PharmaCARE’s competitors are the other group. Under this, ethical responsibility to all their customers as well as giving back to the community through charitable donations and active involvement are common. Straightforward, accounting and honest communication transparent are part of the expectations of communities and customers (Halbert & Ingulli, 2011). The FDA is also a major stakeholder in PharmaCARE’s undertakings. Its major interests are to ensure that the mode pf operation of of PharmaCARE is well compliant with the set rules and regulations. This way, it will