• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Business Ethics. In this part of my task I will be focusing on the ethical concerns facing communities in where BP operates. To do this I will list the possible ethical concerns facing communities for BP and then explain and describe each ethical concern

Extracts from this document...

Introduction

Unit 38 - Understanding Business Ethics In this part of my task I will be focusing on the ethical concerns facing communities in where BP operates. To do this I will list the possible ethical concerns facing communities for BP and then explain and describe each ethical concern. I will then focus on what BP could do to improve their corporate responsibility. * Describe the ethical concerns facing communities in which your selected business operates. Because of BP's recent disasters, there has been a list of ethical concerns facing communities against BP. Since BP has operated recently very negatively releasing harmful oil into the Gulf of Mexico damaging a large quantity of the wildlife inside the Gulf i.e. fish. In addition, the oil spill has also caused damage to the surrounding of the Gulf of Mexico including the beaches and property of some of the local residents. This can be seen as an ethical concern to BP as it has affected the lively hood and environment of the local community surrounding the Gulf of Mexico. Another ethical concern facing the communities could be the pressure groups who are protesting against damage to the environment. ...read more.

Middle

http://news.sky.com/skynews/Home/World-News/US-State-Of-Alabama-Sues-BP-And-Transocean-Over-Gulf-Of-Mexico-Oil-Leak/Article/201008215683244?lpos=World_News_Article_Related_Content_Region_3&lid=ARTICLE_15683244_US_State_Of_Alabama_Sues_BP_And_Transocean_Over_Gulf_Of_Mexico_Oil_Leak * What measures could be taken to improve corporate responsibility? Corporate responsibility is simply when a firm achieves success by taking and considering into account all the ethical values and environmental factors which may arise for them, in this case BP. Corporate responsibility involves minimising the chance of negative activities i.e. the oil spill and maximising positive actions. There are plenty of measures that could be taken by BP to help improve the corporate responsibility of their business. Since there has been more than one disaster caused by BP there are numerous measures BP should consider taking to improve their corporate responsibility. One measure that could be taken to improve BP's corporate responsibility could be to undertake test runs and plan ahead for large business operations like the transportation of oil. If BP is able to take this measure then it will prevent the accidental disasters such as oil spill because BP will have planned and practiced time and time again to deal and thus prevent the possible situations that could encounter. Of course this measure does not mean that there will be no chance of a disaster but it will definitely greatly reduce the chance of a disaster because BP will plan and practice the large operations which mean that they would be more ready for the actual real operation. ...read more.

Conclusion

Obviously this is another crucial measure which could affect BP very positively however it will have some risks, it will cost more and more workers may be needed on the other hand if businesses like BP wish to recover from disasters likes the recent oil spill or simply want to be successful they must take risks even though this is not a major risk it will benefit BP vitally in the long term. One more measure BP could take to enhance their corporate responsibility could be to be more aware of adverse weather conditions that may occur during the transportation of oil or simply transactions/transportations. Even though it wasn't the weather conditions that cause the oil spill but was a methane bubble which reacted with the chemicals, the weather conditions may play a bit role when undertaking operations over the waters. It's important that BP plan up ahead before transactions over the waters, even though they haven't had crucial disasters due to the weathers they may be thinking that it isn't a big deal and thus not pay much attention anymore to the weather but it is very important for BP to not forget the possible encounters that may arise. ?? ?? ?? ?? 1 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Case Studies and Analysis section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Case Studies and Analysis essays

  1. Social implications of business ethics. The main areas I will be highlighting are ...

    Prosecutors say he made more than $50 million through illegal trades and are seeking a prison term of more than 24 years.' (Source: http://news.yahoo.com/2-ny-insider-trading-cases-pack-stern-punishment-002354977.html) This shows how serious the courts are taking insider trading and putting a stamp down on the consequences of using it to a business's advantage.

  2. Identify and describe a selected case significant stakeholder influence over a business. (P2)

    They voiced many opinions towards the plan A and they asked marks and Spencer to carry out some tasks. These include collaborating with the pressure groups and their customers, regularly review their Plan A commitments to the near future and to support legislation on minimum standards.

  1. Unit 12 - International Dimensions of Business Task 1

    Raising Profits and Market Share Out of all the reasons for wanting to expand onto the international scene, gaining higher profits and obtaining more market share are probably the most obvious. Put very simply, working in a multinational market as opposed to an individual country provides the opportunity of more customers - meaning the opportunity of more sales (turnover)

  2. Infosys and Corporate Social Responsibility in India

    Business Leader of the Year Award and it even made it to the MBA curriculum as a case study at the Harvard School of Business in 2007. Similarly, Infosys BPO's work on 'Project Genesis', under which it works to improve the written and spoken communication capabilities in addition to the

  1. BNC BUSINESS UNIT 19 - P2,P3

    no idea about team goals and confuses everyone by identifying irrelevant issues which bear no relation to team goals. * The idler: who promises to do all sorts of things by given deadlines, but the work never materialises so the rest of the team becomes disenchanted and demotivated.

  2. For this coursework I will produce a portfolio of work investigating the factors that ...

    This is a good way Tesco makes profit as they are providing for every income bracket but still offering good quality produce. One good marketing tactic is that they stock their own brands directly at eye-level next to the well recognised brands, so consumers can see the price comparisons and choose their brand.

  1. International Business. Tescos in the UK and China The Economic Environment Facing ...

    a wider range of products including luxury items such as TV?s and electronic items. Tesco?s have built hyper stores in China because unlike the UK facing a recession, China is in high growth, so people have money to spend so Tesco?s focuses on high priced products such as gadgets.

  2. Unit 4 P1 explain different types of business information, their sources and purposes

    promotions Inviting support for activities: Tesco plc would use written and spoken communication when they require their staff to do over time due to staff being sick or to ask staff to help out for a charitable project. They will also invite external personnel like volunteer to help out with charitable activities.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work