MGMT 5900 JWU WK 4 The Pharmaceutical Companies & Social Responsibility Essay
Description
Week 4 Case Study: Corporate Social Responsibility and Stakeholder Management
Drug price increases have been a cause for concern and controversy over the past few years. Read the case “Turning Pharmaceuticals: Fair Profit or Price-Gouging in the drug Industry” in the Harvard Business coursepack that you purchased.
In an APA-formatted paper of at least 4 pages, not including the cover page and references, discuss the following:
- Have pharmaceutical companies such as Turning, Gilead, Valeant, and others demonstrated corporate social responsibility? Explain why or why not?
- How have these companies prioritized their stakeholders? Which stakeholders are most and least prioritized?
- What steps should companies that manufacture pharmaceuticals take in order to more positively respond to stakeholders and increase their corporate social responsibility?
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