Social Responsibility and Stakeholders of Pharmaceutical Companies
Conduct online research on pharmaceutical companies and answer the following problems:
1. What social responsibilities do pharmaceutical companies have that differs from other types of companies?
2. Who are the primary stakeholders a pharmaceutical company has and how do you think they are prioritized?
3. Do you think pharmaceutical companies are justified in charging such high prices for certain medications or do you believe their high overhead cost (research, employing people, and advertising) justifies what the charge?