Pfizer Essay Example | Topics and Well Written Essays - 1500 words

Pfizer - Essay Example This study reflects on the positive and negative impact that Pfizer Inc. has made to the society in which their business establishments have dealt with, either directly or indirectly. Through the establishment of company production units in the many countries of their market penetration, Pfizer Inc. has directly contributed to the welfare of the general population by way of offering employment. Local manpower is the easiest and readily available option to meet the workforce demands by the company. Provision of employment opportunities to thousands of people across the world has not only raised the living standards in the society but has also been a contributor to government revenue in form of income tax. People employed by the company can have their basic human rights met as well as those of their children since they are capable of providing school fees to their young ones (Werther Chandler, 2006, p27). Payment of corporate tax to the resident hosting countries is a major source of income for many governments. These taxes constitute a very useful source of income for many governments. Through the taxes, governments can raise money for servicing national debts, fund development projects as well as supply of important services to the country’s citizenry. Through government investor incentive strategy that aims at attracting more business and opening up the country for development, the local communities benefit from the services rendered by the government in support of this. Such strategies include commitment to provide adequate security in the country to facilitate the operations of the companies. In Werther Chandler (2006, p82) other services include transport network improvement and maintenance and energy supply whose delivery in support of investment attraction also benefits the residents as cited by. Most importantly, the manner in