Prepare a 5 page paper that addresses the following about the BP Pipe Line ; Discuss in
Question:
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Prepare a 5 page paper that addresses the following about the BP Pipe Line ; Discuss in detail the ethical, negligence, and ENVIRONMENTAL ISSUES you see in this case. ? BP had rented the rig from Transocean for $500,000 per day. Transocean had been recognized by the U.S. government for its safety record. Can companies distance themselves from liability and responsibility through the use OF CONTRACTORS ? ? Discuss how BP got into the position in which it found itself in late 2006 and what might have prevented the spill, the financial fallout, and the loss of reputation. Be sure to factor in the financial implications of any decision made during the period from 2001 to 2006. ? What was the impact of the emphasis in cost cutting on BP?s culture? What was the influence on the company?s performance? ? Evaluate the social responsibility positions of BP in light of the refinery explosion and the pipeline issue. What can companies learn from the BP experience?
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