Sunday, December 22, 2019
Ethical Dilemma Of The Oil Spill - 2316 Words
Ethical Dilemma British petroleum has experienced a series of oil spill accidents since it was established, however, the 2010 oil spill was considered the worst oil spill accident in the companyââ¬â¢s history. The drilling rig in the Deepwater Horizon exploded and killed 11 workers and released thousands of barrels of oil into the Gulf of Mexico (Arnold McKay 16). The accident affected different states along the coastline including Texas, Mississippi, Florida, Alabama and Louisiana. In addition, the oil spill affected the wild life as it killed birds, fish and destroyed nearby ecosystems and economies including tourism and fishing. Several factors contributed to the oil spill accident including cost saving and failure to put in place safetyâ⬠¦show more contentâ⬠¦The organizational culture of arrogance, noncompliance and risk- taking contributed to the accident. The company did not consider corporate social responsibility important and hence it did not drill the oil in a s ustainable way to protect the stakeholders and the environment. Instead, the company considered profit making a priority instead of the safety of the stakeholders and the public (Arnold McKay 20). Whistle-blowers were laid off and intimidated if they exposed the companyââ¬â¢s unethical activities. As a result, the company undertook many projects and it was focused on working on the frontiers and managing the risk. Besides, the organization protected itself from stakeholder who questioned the firmââ¬â¢s decision to take the risks. The executive managers did not entertain opposing views. In addition to that, failure to put in place safety measures and risk management policies contributed to the accident. The OSHA identified flaws in the companyââ¬â¢s regulations after the explosion at the Texas oil refinery, but the firm did not address the issues. Instead, the organization continued to take risks and cut costs and violated the United States law in order to reduce the cost s of producing oil. De Maria identified different strategies that the company should implement to address the issue and prevent future crises. De Maria believed the organization should be victim focused and accept the responsibility for the oil spill. BP accepted the responsibility for the oil spillShow MoreRelatedEthical Dilemma with the Bp Oil Spill1125 Words à |à 5 PagesThe BP oil spill, more famously referred to as the Deepwater Horizon Spill, occurred in 2010 in the Gulf of Mexico and flowed unmitigated for as long as 3 months. The BP oil spill has fared as the largest marine oil spill ever confronted in the history of the petroleum industry. The oil spill on the 20th of April 2010 was primarily the result of a gas release followed by an explosion in the Deepwater Horizon oil rig, in the Gulf of Mexico, established on the Mocando exploration well designed forRead MoreArgumentative Essay : Bp Oil Spill1558 Words à |à 7 PagesArgumentative Essay: The BP Oil Spill Phillip Staton PHI 445 Personal Organizational Ethics Prof. Gloria Zuniga y Postigo February 29, 2016 Argumentative Essay: The BP Oil Spill Introduction In 2010, BPââ¬â¢s Deepwater Horizon rig exploded, causing millions of barrels of crude oil to be leaked out into the Gulf of Mexico. The extensive oil spill created a lot of pollution and far-reaching effects on the tourism industry. 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Being able to understand what is right or what is wrong, plus the ability to recognize the difference between them is called ethics. To have a successful business, employers need to have intensive ethical values as well as an organizational culture run on a set of ethical principles. As a matter o f fact, the ethical issue is very important because it couldRead MoreEthical Issues Of Offshore Drilling1008 Words à |à 5 Pages Ethical Issues of Offshore Drilling As we know today, and have known for many years, BP is not just a local gas station that we go to sometimes to fill up our tanks. BP is a HUGE Multi-Billion dollar company! Many people believe they get there oil mostly from the mid-east but theyââ¬â¢re also a company (or industry) that does offshore drilling for oil that is refined into a much more stable state that doesnââ¬â¢t blow up cars as soon as ignition occurs. Off shore drilling by definition on BPââ¬â¢s mainRead MoreBritish Petroleum Legal Practices And Ethical Responsibilities Within Its Corporation1019 Words à |à 5 Pagesto its customers. It operates in more than 80 countries and produces approximately 3.2 million barrels of oil per day. Throughout the course of British Petroleumââ¬â¢s life cycle it has been involved in a number of legal dilemmas which related to environmental, safety, and political issues. The purpose of writing this report is to evaluate British Petroleumââ¬â¢s legal business practices and ethical responsibilities within its corporation. Evaluating multinational corporations are important for the overviewRead MoreHow Does Oil Affect Our Lives Depend On Oil1689 Words à |à 7 PagesIntroduction Most people probably do not think about how much of their lives depend on oil. This profitable commodity is constantly being used around the world, twenty four hours a day and seven days a week. From the scented creams people use on their bodies, to the airline jets soaring above, oils are being used. Oil is one of three major forms of fossil fuels, coal and natural gas being the rest. Fossil fuels began forming millions of years ago in the Carboniferous Period when trees, plants, and
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