Think about the definition of stakeholders- any parties with a stake in the organization’s actions or performance. Who are the stakeholders in this situation? How many can you list? On what basis would you rank them in importance? Undoubtedly, there are many parties who are likely to be affected by Merck’s decision of whether or not to indulge in scientific research to discover drug for river blindness. As such, stakeholders are many including the company’s scientists/ employees, stockholders, victims suffering from river blindness, the communities where those people live especially from poor countries, people suffering from Continue reading...
