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HC2121 Comparative Business Ethics And Social Responsibility

Download : 0 | Pages : 13

Answer: Introduction The drilling of gas and oil had adversely affected the environment even though the world is almost entirely dependent on them (Odell, 1975). The current demand for these commodities on a daily basis is alarming. This is because most of the petroleum products are universally used across all industries including the manufacture of insecticides, plastics, and sparingly in the medical world. Due to the heavy dependence of oil...

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HC2121 Comparative Business Ethics And Social

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Question: Evaluate the implications of the legal pressure for ethical behavior in organizations.   Answer: Due to the legal pressure upon the organizational framework, the organization projected it was working within the ethical framework to its stakeholders, but in turn, the Galleon Group was projecting false pictures. It was during its investors, shareholders and the various stakeholders. The company Galleon group came into the wron...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answers: Section-1 Introduction The economic growth that continues from the last century keeps on increasing the demand for the energy to sustain the growth. Till today the world has to depend largely on the fissile fuel like the natural gas and oil for this energy needs. The demand for the natural gas would peak to 4 tn cubic meters in the year 2017 where as the demand for the oil would reach to 90m barrels for every day consumption (Ferrel...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answers Introduction The petroleum is one of the vital industries in the world and accounts for the largest industry in terms of the value of dollars (Knox, Agnew and McCarthy 2014). The recent downturn in the oil and gas industry has highlighted the urgency of the petroleum companies in the world to make some plans for the profitability and reducing the risks of different types of accidents in different scenarios. The oil and gas ind...

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HC2121 Comparative Business Ethics And Social Responsibility 3

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Answer: Introduction The case study that has been selected for analysis in the report is mainly based on the accusations faced by Volkswagen with respect to the maintenance of sustainability levels of its operations. The incident that had taken place in the organization was named as “diesel dupe” and it had been detected by the Environmental Protection Agency or EPA. The agency had mainly detected that the cars of Volkswagen that ...

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Challenges In The Gas And Oil Industry

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Question: What Is The Challenges In The Gas And Oil Industry?   Answer: Introduction Based on the global demand for oil and gas resources, it is indisputable that the world still depends on these natural resources. With the experienced issues relating to the exploration and spill outs during drilling, the management of risks is important in this industry. This is because; these commodities impose serious environmental and safety i...

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HC2121 Comparative Business Ethics And Social Responsibility

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Question: Discuss about the Business Ethics for Business Operations Implementation.     Answer: Introduction Google is one of the most trusted internet service providers which has millions of users all over the world. The user-friendly search engine has been in the number one position leaving behind companies such as WebCrawler (Ledford 2015). It has diverse product offering and its ease of use has made it immensely popular glob...

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HC2121 Comparative Business Ethics And Social Responsibility

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Question: Discuss about the Prevention Control and Countermeasure Program.     Answer: Introduction More than a hundred years of errors and successes in the oil industry have shown that for the development of a country's natural resources to be sustainable and effective for that society, it must go far beyond the macroeconomic figures that describe industrial activity.  Therefore, we need to put in place measures that reduc...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answer: Conventionally, a higher population within the world relies on the production of oil and gas simply for production of energy at either homes or work place for those dealing with machines or factories thus increasing the demand (Francis, 2014, n.p). However, the high dependency on oil and gas has created challenges and lead to depleting of the world’s oil reserves. The fear of the rapid increase in oil demand has lead to investiga...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answer: Introduction: The purpose of the report is to analyze the ethical practices undertaken by the major oil and gas industry in order to carry out their business activity. From the case study, it has been evident that in order to get access to the available oil in the surface of earth, the giant oil and gas companies like British Petroleum (BP), Exxon and several such oil and gas giants are actually creating ethical dilemma in their busin...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answers: Introduction: This report would be taking into account the various ethical issues that jeopardizes the work process within the oil and gas industry. It is a dangerous industry to work in, a place where life threatening activities might occur at any possible time. So many cases have been there where workers have died due to mishaps in the oil and gas companies. It is high time for these organizations to focus on the factor of eliminat...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answers: Introduction The case is mainly related to the standards of the oil and gas industry which tend to adapt the safety procedures and the processes. This is primarily to handle the environmental impact with preventing all the disasters primarily from their occurrence. For this, the first oil spilling is gained through the widespread attention in the US, with the spilling of the Exxon Valdez. Here, the forms are set with the liability an...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answer: Introduction The oil and gas industry poses various risks to the environment and economies at large; however despite its adverse effects, one cannot deny the reliance of these products around the world (Ferrell, et al., 2016). In 2016, the International Energy Agency reported that the average demand for oil and liquid fuels was at 96million barrels a day (IEA, 2016). In addition to this, other products such as pesticides, pl...

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HC2121 Comparative Business Ethics And Social Responsibility

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Answer: The issues faced by Exxon and British Petroleum while providing adequate supply of energy is nearly same.  Both the organizations were previously involved in incidents that harmed the environment drastically (Halley 2013). British Petroleum was involved in Deepwater Horizon oil spill incident and Exxon was involved in The Wreck of the Exxon Valdez incidents. Both the incidents proved that oil and gas companies are absolutely not f...

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HC2121 Comparative Business Ethics And Social Responsibility

Download : 0 | Pages : 16

Question: Discuss about the Critical Business Ethics and Social Responsibility.     Answer: Introduction: Google was born out of a research of a number of prior permutations and combinations for facilitating online access to billion of users with regard to information. The inventors of the company, Sergey Brin and Larry Page started “BackRub” in 1996, through which it used to link web pages for enabling a certain sea...

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