Monsanto: Q1. Does Monsanto maintain an ethical culture than can effectively respond to various stakeholders? I believe Monsanto makes an effort to have an ethical culture and for the most part they succeed. The bribery issues in Indonesia‚ within their own company‚ in the late 1990’s/early 2000’s were reported to the Department of Justice by Monsanto. This level of corporate governance is something I think many large corporations would not do. The farmers‚ who are primary stakeholders because
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ASSIGNMENT 1 Case study 1 Reinventing the Wheel at the Apex Door Company Jim Delaney‚ president of the Apex door‚ has a problem. No problem how often he tells his employees how to do their jobs‚ they invariably “decide to do it their way”‚ as he puts it‚ and arguments ensue between Jim‚ the employee‚ and the employee’s supervisor. One example is the door design department‚ where the designers are expected to work with the architects to design doors that meet the specifications. While
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BP – The $40billion Safety Culture Vacuum On March 23rd 2005 a huge explosion at BP’s Texas oil refinery killed 15 people and injured more than 180. Most were its own staff. The refinery had suffered safety problems before. The previous year two workers died when scalded by super-heated water that escaped from a high-pressure pipe. The British media focused on the effect of the 2005 blast: the price of oil rose by several $s a barrel. In Texas‚ however‚ the local media were outraged by ‘yet
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crisis of the British concern British Petroleum (BP). At first I would like to provide more information about the crisis and its consequences‚ then I will identify the kind of crisis we have to deal with‚ I will discuss the several communication strategies BP have used‚ I will explain the different reactions of the public on the crisis. At last‚ I will give the oil concern some advice‚ in case a reoccurrence takes place. The BP oil spill The BP oil spill was a big natural disaster in the Gulf
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gallons of oil into the Gulf of Mexico. The leak did not stop there though. It spread all the way to other countries and islands as well. The well did not get fully sealed until September 19‚ 2010. British Petroleum PLC‚ also very commonly known as BP (the owner of the well)
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Petroleum’s underwater pipeline‚ Deepwater Horizon‚ catastrophically failed and began spewing hundreds of thousands of barrels of petroleum daily. Currently BP plans to create a relief pipeline to fix the Deepwater Horizon and pay for all the damages that their pipeline is causing. On the other hand‚ President Barack Obama is demanding that BP take responsibility and pay for all necessary reparations such as cleaning the coastal shores and aid the people affected by
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BP Challenges of Globalization John Manzoni‚ Chief Executive‚ Refining and Marketing for BP‚ gave a speech in 2005 discussing BP’s future in globalization and the challenges that lie in an increasingly global business environment. He said that business (BP) is the heart of society and can’t ignore what is happening around it‚ and that BP exists for a purpose‚ which is to provide goods and services that people want to buy at a price they can afford to pay‚ and BP exists because of shareholders
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energy for heat and light‚ lubricants to keep engines moving‚ and the petrochemicals products used to make everyday items like plastic bottles. We also invest in renewable energy sources‚ which we believe will be an increasing source of value for BP. Our activities are focused on bio fuels and wind. As a global group‚ our interests and activities are held or operated through subsidiaries‚ branches‚ joint ventures or associates established in – and subject to the laws and regulations of – many
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BP Oil Spill Background The British Petroleum Oil Spill incident is the largest in history that raises various issue environmental and ethical issues. On 20th of April 2010‚ an explosion of the drilling rig caused the oil spill close to the coast of Louisiana in the Gulf of Mexico‚ in which 11 employees were killed. It took around five months for the oil well to exert no further risk and be concealed‚ where many controversies arose throughout the period. BBC‚ 2010. Timeline: BP Oil Spill. BBC
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BP/Amoco Merger Case Group 1 Keshavaraja Alive Stephen Felkins Therese Jackson Andrea Marrical Eric Weiss Executive Summary Prior to the merger between BP and Amoco in 1998‚ both companies had very similar operating characteristics and performance. Both companies engaged primarily in the same three businesses and experienced close to the same percentages of revenue and percentages of operating income for each of those businesses. A key difference however waswere that
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