Reference no: EM13686674

The BP Pipeline case (Case 6.25 on pp. 411-422) is a complex situational case about the actions of individuals and the practices of a large corporation. Prepare a paper that addresses the following:
*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?

Support your paper with a minimum of three (3) scholarly resources in addition to your text. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length: 5-7 pages not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards