quality Oils consist of a complex mixture of hydrogen and carbon which is used for fuel‚ lubrication‚ plastics manufacturing‚ and many other purposes. These petroleum products get into water mainly by means of accidental spills from ships‚ tanker trucks‚ pipelines‚ and leaky underground storage tanks Petroleum products affect surface water‚ impairing water quality with hydrocarbons‚ salts‚ nutrients‚ a host of organic compounds‚ and various heavy metals. Immediately after a spill‚ Oil slicks on
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Deepwater Horizon Assignment On April 20th 2010 a BP licenses oil rig 50 miles off the coast of Louisiana exploded‚ killing 11 people. For three months millions of barrels of oil poured into the Gulf of Mexico killing sea life‚ altering the eco-system and affecting towns situated around the Gulf’s livelihood and quality of life. The Deepwater Horizon rig is responsible for the worst offshore oil spill in history. The corporation lost billions of dollars due to the disaster stemming for systematic
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Corporate Social Responsibility (CSR) is defined as “situations where the firm goes beyond compliance and engages in ‘actions that appear to further some social good‚ beyond the interests of the firm and that which is required by law’.” (McWilliams‚ 2006) This cultural ideology includes less environmentally harmful manufacturing processes‚ recycling programs‚ products with environmentally-friendly technologies‚ employee empowerment regarding socially responsible practices‚ and active involvement
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Corporate Social Responsibility The different aspects of corporate social responsibility (CSR) have been the topic of considerable debate since the last decades of the twentieth century. Main factor for the increased interest on the part of stakeholders in this topic are the increased public awareness and interest in the corporate social responsibility following the Information Revolution. This essay will assess the dangers and benefits of the business ethics for most of the stakeholders – employees
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PREVENTION OF OIL SPILL POLLUTION IN SEAWATER USING LOCALLY AVAILABLE MATERIALS Nasser Al Hashar Dr Syed Anisuddin Tabassum Sadik Dr Sofia Tahseen Caledonian College of Engineering (A University College) 2322‚ CPO Seeb 111 SULTANATE OF OMAN anis_adil@hotmail.com A b s t r a c t Oil spill pollution‚ a severe environmental problem which persists in marine environment or in inland water across the world‚ has grown to an alarming magnitude with
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An oil spill can be defined as an accidental or deliberate dumping of oil or petroleum products into the ocean and its coastal waters‚ bays‚ and harbors‚ or onto land‚ or into rivers or lakes (Holum 1977). Between one and ten million metric tons (one metric ton is 1000 kilograms) of oil are put into the oceans every year. The oil is released‚ most often‚ in small yet consistent doses from tankers‚ industry‚ or on shore waste disposal (Boesh‚ Hersher‚ et al. 1974). Tanker spills cost the United
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Oil Spills Pollution in the ocean is a major problem that is affecting the ocean and the rest of the Earth. Pollution is the ocean directly affects ocean organisms and indirectly affects human heath and resources. Oil spills is one of the harmful materials that are a major source of pollution in the ocean. “Oil spills stem from accidents involving tankers‚ barges‚ pipelines‚ refineries‚ and storage facilities‚ often while the oil is being transported to its users.” (NOAA 2012) Based on information
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Overview What responsibilities do businesses have? Who takes priority when decisions are made? Are shareholders the most important to consider‚ or is it the customer? Should a company simply meet the required regulations‚ or attempt to go above-and-beyond the requirements? All of the questions involve corporate social responsibility. Corporate Social Responsibility can be defined as “the continuing commitment by business to behave ethically and contribute to economic development while improving
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1. Introduction Social responsibility of business has been a subject of intense controversy and interest over the past four decades (Jamali 2008). The purpose of this paper is to critically analyze the two different views of social responsibility of business among scholars and business practitioners. The first is the shareholders view of Milton Friedman and another one is the stakeholder view of Bob Dudley‚ Group Chief Executive of BP Corporation. I will outline key arguments and point out drawbacks
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| |“RECENT DEVELOPMENTS IN CORPORATE SOCIAL RESPONSIBILTY” | [pic] TABLE OF CONTENTS CHAPTER NO. SUBJECT Chapter 1 Executive Summary Chapter 2 Introduction to CSR Chapter 3 Model of Social Responsibility Chapter 4 Social Responsibility and Business Ethics Chapter 5 Concept of Corporate Citizenship Chapter 6
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