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The Deepwater Horizon Failure Essay

Project id 1013409
Subject area Writing
Document type Essay
Words 2527
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Frequently management of institutions are questioned with producing hard decisions. It appears that British Petroleum’s (BP) decision making was focused on cost cutting, and not the employee’s safety, gulf residents, or the environment. The Deepwater Horizon disaster is usually a result of the organized failing within a main company to end up being ethically and socially accountable to all stakeholders included. The concern was corporate and business revenue. A series of price reducing procedures eventually revealed a corporate and business large that selected to overlook its honest and sociable responsibility. The BP case offered light to what many businesses are questioned with. It all is definitely the capability to rest honest and economic responsibilities. BP’s commitment at that time was to their financial stakeholders clearly. BP’s behavior and culture demonstrated that there had been no additional stakeholders to end up being regarded as. The known fact that the cost cutting measures was their only concern, begs the relevant question, what was their thought as it pertains to its ethical responsibility to society? Reasonably, can businesses end up being ethically accountable when income are what convert the lamps on and off? If attaining ever-increasing revenue is definitely the simple purpose and basic principle of business and financial earnings is certainly the main and overriding element in tactical business decisions, moral behavior and business behavior ultimately must discord. (Duska, 2002) Ultimately BP is accountable for the series of negligence, and unethical behavior that resulted in an environmental nightmare. One environmentalist considered how BP can contact itself a “green company” when its environmental record is usually therefore poor. (Jennings, 2012, g. 416) Relating to all accounts, it had not been simply BP, but companies Transocean, and Corridor...

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