FACING (BP) IS UNPARALLELED.THAT IS AN ETHICAL CRISIS IS UNCHALLENGING.BUT IS IT REALLY A CASE OF THE OIL INDUSTRY? BEING AT FAULT? IS IT REALLY A REGULATORY ISSUE? BRIEF INTRODUCTION OF BRITISH PETROLEUM
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PETROLEUM I. HISTORY The petroleum industry includes the global processes of exploration‚ extraction‚ refining‚ transporting (often by oil tankers and pipelines)‚ and marketing petroleum products. Petroleum in an unrefined state has been utilized by humans for over 5000 years. Oil in general has been used since early human history to keep fires ablaze‚ and also for warfare. The largest volume products of the industry are fuel oil and gasoline (petrol). Petroleum is also the raw material for many
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Q1. Evaluate the ethical issues concerned with the operation management decisions of the IMC plant. 1. Issue of “sweatshop” Condition in IMC plant i. Dangerous and Poor Working Condition The poor layout of facilities inside the plant directly and seriously affected the worker safety. There were several evidences to show that IMC did not provide a safety and proper working environment for its staff and contractors: - Zinc buffer stocks were stored everywhere even blocking the walkways and emergency
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ADEYEMI G.A OMEGA 2013 The petroleum industry has evolved over the years to become a gigantic industry. Personnel in the areas of sciences & applied sciences are required: • Petroleum engineers • Mechanical engineers • Chemical engineers • Electrical engineers • Computer scientists • Physicists • Chemists • Marine biologists & • Geologists engineers • Others There 2 broad classifications of global petroleum industry: • National Oil Companies (NOC)
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Environment destruction | 5 | | | Conclusion | 5 | | | Recommendation | 5 | | | Reference | 6 | In recent decades‚ the discovery of petroleum change people’s lifestyle in a great extent. And the so-called ‘Black gold’ has become one of the world’s most lucrative industries. (Falola‚ T‚ Genova‚ A‚ 2005) But‚ even so‚ the oil industry almost impossible builds a positive image among the general public. As we know‚ there is no angel in oil companies‚ in most cases‚ oil companies’ behaviors
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Ethical Issues in the Insurance Industry Jeff Bolling Columbia College Abstract Ethical behavior is crucial to preserving not only the trust on which insurance transactions are based‚ but also the public’s trust in the insurance industry as a whole. Sometimes the push to act unethically comes from the consumer. How many consumers expect their insurance agents to falsify their applications or claims? You like your agent‚ he or she likes you‚ they really want to help you out‚ that’s just
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Ethical Issues in the Fashion Industry Introduction This essay reflects on the lecture titled Creative Economy by Martin Bouette. I found this lecture relevant to my final project. My topic is the changing trends in the apparel industry. How Corporate Social Responsibility affects the supply chain‚ going local from global‚ vertical from horizontal. The lecture is relevant in many aspects‚ for example the knowledge society’s changes and ethical issues and responsibility within the apparel industry
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Ethical Issues In Recording Industries Ethical issues in the recording industries Background of Media What is Recording Industry • Known as Music Industry • People in the industry involved- Artists‚ songwriters‚ composers and many more. • An industry that uses songs to earn money • Commercialized the arts. Recording Industry • There are more than 200 recording company in Malaysia. • Sony BMG • Rock Record • EMI (Malaysia) • Halo Music • Warner Music Recording Industry
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head: ETHICAL ISSUES IN THE PHARMACEUTICAL INDUSTRY Ethical Issues in the Pharmaceutical Industry Abstract No one can deny that the pharmaceutical industry has made significant contributions to human progress. The pharmaceutical industry has been responsible for drugs that have saved millions of lives‚ cured many forms of cancer‚ and ensured that an AIDS diagnosis is no longer an automatic death sentence. Yet despite this there are questions that the public has on whether the industry has been
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Tobacco Ethical Issues The five ethical issues that I have selected from thetruth.com are: misrepresenting cigarettes as a safe consumable good‚ using flavored tobacco to appeal to a larger demographic‚ referring to children as “replacement” smokers‚ cigarette butts kill fish and micro-organisms‚ and helping minorities get jobs to buy cigarettes. Misrepresenting cigarettes According to the information available on thetruth.com‚ big tobacco has been implying they are producing a safe consumable
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