Imagine that you are the owner of a dairy food company in Akkar. You desire to establish a CSR plan in your company. -Who are your stakeholders? Explain the stake of each stakeholder in your company (Be specific). -Prioritize your stakeholders. Explain your opinion.

What was Purdue Pharmaceuticals’ Role Behind the Opioid Epidemic? What was the ethical dilemma that Purdue Pharmaceuticals faced? Should the Sackler family corporate executives, been sent to jail? Were the fines sufficient?

Before responding to the questions below ask yourself the following:  1) is it true that “…doing what's best for society necessarily means sacrificing profits,” 2) are shareholders the only important and influential stakeholders in deciding how best to pursue corporate objectives, and 3) is government regulation, supplemented by self-regulation and civil society, the most effective way to strike a balance between profits and the public good? Based on your individual conclusions regarding the above, answer the following questions: Are profits and the general welfare basically incompatible?  Why or why not? If you believe CSR requires the sacrifice of some amount of profit, what amount is appropriate?  Is that amount the same for all firms in all industries?  How should the CEO decide?

Do you think that pharmaceutical companies supported the passage of the federal drug labeling statute?