Thursday, December 26, 2019

Corporate Social Responsibility Bp Leased A Rig From...

Corporate Social Responsibility In order to access the crude oil there, BP leased a rig from Transocean, the world’s biggest offshore drilling company. With more than 26,000 employees and a fleet of 136 vessels, Transocean operates in some 30 countries. BP also hired Halliburton, the second largest oilfield services company, to cement and seal off the well once drilling was complete. Halliburton employs more than 50,000 people and provides services in 70 countries. Considering overall strategic direction, then, it seems that continuing its deepwater oil exploration and production work in the Gulf will sustain profits and give BP a competitive advantage. Using Friedman’s analysis, we also need to ask whether the BP’s actions were legal.†¦show more content†¦According to deontological theory the consequence of an act is good, some acts are always wrong this actions are judged as ethical or unethical based on duty or the purposes of an actor. Deontologist Immanuel Kant argues that â€Å"the action which is objectively practical according to this law and excludes inclination from its determining grounds is called duty† (Kant, 1956, p. 83). However he argues that there are two types of duty hypothetical and categorical imperative. Hypothetical imperative is when individual perform certain action in order to achieve a desire and results. In the meantime categorical imperative is the basic principle to determine whether o ne’s actions is deemed to be ethical correct. According to Bowie, 1999 Kant suggest three maxims of categorical imperative. Initially, an action can only be considered as ethically correct if it can be accepted or made into universal law (Bowie, 1999). The second maxim stats that a person should be treated as an end and not the means to achieve an end (Bowie, 1999). Finally, the maxim calls upon each individual to act as a member of an ideal kingdom where he or she is both the ruler and the subject at the same time (Bowie, 1999). It could be argued that the BPs strategy was too risky which lead to higher

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