For instance, in 2001, they used local resources such as non-governmental organizations (NGOs) and government agencies, to provide training and programs that are more effective and make lasting changes for their employees overseas. ... An example is they created "Life Skills Training Program- in China where workers can learn about a topic of their choice, as well as labor law, wage calculation, and the Timberland Code of Conduct (www.Timberland.com, 2). ... Companies that are viewed as socially responsible in the eyes of the government or regulatory agencies are given more free reign by bot...

• Word Count: 3324
• Approx Pages: 13
• Has Bibliography
• Grade Level: Undergraduate

As Pfizer, a multinational corporation, we have certain ethical responsibilities. There are two traditional stakeholder theories by which my company may operate. One is the ownership theory. The ownership theory is mainly focused on making a profit: maximizing shareholder returns and making as much money as possible for those who own stock in the firm. This theory is ethically wrong because it only accounts for stockholders and owners as true stakeholders of the firm. ...

• Word Count: 3015
• Approx Pages: 12
• Grade Level: Undergraduate