1. What are the main ethical issues and dilemma BP faces in this case? A project that is on a large scale faces some issues‚ including: There are concerns about the coating of the pipeline and the risks of leakages‚ in particular in Georgia‚ where oil spills might significantly impact the country’s strategic water resources in the Bojorni National Park. Concerns were also raised over the fact that the pipeline runs through earthquake zones‚ which leakages nearly inevitable or could not be avoided
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The 2010 BP Oil Spill allowed about 5 million barrels of oil to flow into the Gulf of Mexico before the gush was capped. Unfortunately‚ the explosion killed 11 people and injured several others (Benoit‚ 2011). To claim its ultimate negligence and reduce the pollution of the spill‚ BP created a multi-page website entitled “Gulf of Mexico Restoration” to communicate its message to the public. BP’s “Gulf of Mexico Restoration” website uses these three strategies to repair its reputation: displaying
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been major technology advancements which enabled oil companies to go further out and drill deeper in the ocean. Along with this advancement came several environmental issues. With the huge size of the oil platforms and with the amount of oil produced each day‚ the impact of a leak or explosion would be huge if not contained in time. Over the years different governmental agencies have put in place many regulations and policies to make sure that the right measures are taken when building and operating
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issue of public policy from two (2) different publications (large metropolitan or national newspaper such as Washington Post or the New York Times or national magazines such as Newsweek‚ Time‚ and The New Republic.) Examine Box 3.0 – Conducting a Stakeholder Analysis. Read Demonstration Exercise 1 located at the end of Chapter 3. Choose a policy issue area in the U.S. such as gun control‚ violent crime control‚ white-collar crime‚ illegal drugs‚ medical insurance fraud‚ and environmental protection
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1. Stakeholder Theory vs. Shareholder Theory The Stakeholder Theory is defined as having three dimensions. The first dimension is that the stakeholders must contribute valued resources to the firm. The second dimension is how the stakeholders use these resources and the risks involved that could affect the success or failure of the firm and the relationship with that firm if it is terminated. The third dimension deals with the power that the stakeholders have within the firm. While one can be
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predetermined percentage of their earnings which is deposited to the plan and the employer will match that contribution. Ultimately‚ the amount of money available to the individual upon retirement is determined by the performance of their investments. Each employee retains the option to choose how to diversify their investments‚ while the employer will typically provide a “default allocation” option. The options available are generally very varied‚ and includes a number of index funds and actively managed
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Abc Stakeholders can be briefly defined as any party who are interested in an organization. This might be a member of an organization‚ volunteer‚ staff‚ management‚ board member‚ founder or a contracting body‚ client‚ community of interests such as locality or grouping of people who might benefit. Every business organization has a range of stakeholders. An organization is established based on blending the various interests of these stakeholder groupings. An objective to be the market leader of an
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music industry begins‚ the expetation of those who are creating music also begins. Artist created music for pleasure‚ but is now a monetized industry‚ made up of risks and investment. 1.1 Key stakeholders and structure of music The music industry is formed by many different stakeholders ‚ all useful and necessary to run this. The music must surely be first of all created and then later become known. To succeed in this there are some key roles in the music industry
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Stakeholders Management [Student Name] [Institution Name] TABLE OF CONTENTS ABSTRACT 4 CHAPTER ONE: INTRODUCTION 5 1.1 Background of the Study. 5 1.2 Statement of the Problem 8 1.3 Research Objectives 9 1.4Research Questions 9 1.5 Research Hypotheses 10 1.6. Significance of the study 10 1.7. Research limitations and delimitations 10 Limitation 10 1.8. Justification of the Study 11 1.9 Theoretical Framework 11 1.9.1. Conceptual Framework 12 DEFINITION OF TERMS 14 CHAPTER TWO: REVIEW OF RELATED
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beginning of the 2000s. Major strategic efforts such as theme parks‚ Clikits craft sets (marketed to girls)‚ Galidor (an action figure) couldn’t respond to management teams’ goal‚ and brought failure. As a result the LEGO group created bad financial results: their profit margin was -2.5 and Return on equity was -3.5 in 1998. What intrigues me‚ as one of thousands of enthusiastic users of its products‚ is a simple curiosity about what kind of sustainable efforts could enable the LEGO to survive from
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