Week 4 Case Study: Corporate Social Responsibility and Stakeholder Management

When completing this assignment, review the  “Turning Pharmaceuticals: Fair Profit or Price-Gouging in the drug Industry” . The link to the Harvard Business Course pack is: hbsp.harvard.edu.It is the Ethics, Corporate Social Responsibility and Law section by Professor Simmons. ,or JWU – Simmons – MGMT5900, Summer 2, 2024.

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APA 7th Edition.

  • 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?
  • Use concepts from course materials and other research you conduct to inform your paper. Be sure to cite sources that support/provide evidence for what you write.

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