Case Study: Bp Struggles to Resolve Sustainability Disaster

After reading Case 4, BP Struggles to Resolve Sustainability Disaster, on pages 342-352, of our textbook Business Ethics: Ethical Decision qualification and Cases (Ferrell, O.C., Fraedrich, J. & Ferrell, L. (2013), Team D will re check and reason the adjacent questions introduced on page 352 and provide answers to these good and effective questions regarding BP (British Petroleum) and strike there findings in a final summary. What aspects of BPs good destination could have contributed to the Gulf Coast oil colour fall fortuity? It was discussed, with the team, that the way the company constant slothful affect towards violations, severity of safety risks and towards the neighboring social and ecologic environment, by severely nifty corners, to either save clock or money, were specific aspects of British Petroleums (BP) ethical culture that greatly contributed to the Gulf Coast oil spill. An indifferent(p) view and total disregard for fate of the installa tion of destiny turn out despatch valves or a inessential deep ocean emergency valve, in lieu of cutting time off to complete the job, was a fatal misapprehension for BP and the severity of the disaster could have been minimized. There was apathy shown towards fishermen, factories and occupationes, when BP they offered a $5000 settlement patterns to fishermen, in need of quick cash relief.

This plan involved fishermen to look at $5000 and to sign a waver, waiving their licit rights to sue BP, file a future claim or divulge any culture related to the agreement. Many fishermen and bank line owners claimed to the government that BP was not apathetic to their plight, causing BP to se t up a $20 zillion fund for claims. This ty! pe of way is not ethical business practice and preys on the need of others. Did BP engage in goal-directed scheme of risk caution? Why or wherefore not? Though the legal age of the team discussed in promote of BPs purposeful avoidance of risk management, in regards to BP not having sufficient or adequate plans in place...If you want to grasp a full essay, rank it on our website: OrderEssay.net

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