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Essay / Research Paper Abstract
This 3 page paper is based on an article supplied by the student. 8 different questions are answered concerning the ethical issues of the disaster, why the disaster occurred, who may be held accountable, identification of the stakeholders and the impact of the disaster on the environment and the fisherman. The bibliography cites 3 sources.
Page Count:
3 pages (~225 words per page)
File: TS14_TEBPdeep1.doc
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Unformatted sample text from the term paper:
behaviour as well as ethical codes. Ethics may be defined as "the rules of conduct recognized in respect to a particular class of human actions or a particular group,
culture, etc" (Dictionary.com, 2010). In the aftermath of the disaster there has been a search on the part of the authorities and the media to find out and attribute blame.
The ethical issue is to determine what the recognised rules are and to assess who, where and when and why the breach took place, ensuring that if blame is attributed
that it is targeted at the right party or parties. Was BP, the drilling company and the individual managers working in an ethical manner, where they acting in accordance
with expected behaviour, and is it the expected behaviour and standards that are at fault, after all, Friedman, when looking at the concept of ethics in business, saw it as
merely window dressing and argued that firm should operate within the law, but that they were ethically bound to pursue the interests of the shareholders (Chyssides and Kaler, 1998). Therefore,
the ethical issues are determined not what was ethical behavior by different parties, and which parties before, during and after the event provided by the relevant ethical standards expected. 2. Stakeholders
may be defined in terms of primary and secondary stakeholders. Primary stakeholders are those that have a direct interest in the way a firm operates be directly influenced, these include
employees, management, customers, stockholders, suppliers and lenders. Secondary stakeholders of those who in directly impacted through operations and may include families of employees, local and global residents, government, regulatory bodies,
environmental groups and competitors. 3. The key points of the case study highlights the complexity of the deep water oil rig disaster, considering the impact on different stakeholders and the
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