Understanding the ethics of business Wilfred D. Williams Professor Camilla Craig Business Ethics /Business 309 January 10, 2012 Business ethics are moral guidelines which govern a good behavior, ethically behaving is term to be morally right; behaving ethically in a business is widely accepted or regarded as a good business practice. This documents describe how typical the attitudes that Sheehy appear to be in work environments that have been experienced; it’s explain the implication of work
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Corporate Social Responsibility in the Oil and Gas Industry Corporate social responsibility is the concept that has been increasingly used in present day business rhetoric. Although the concept itself is relatively new, it has become widely present and today there are no major companies that do not have some kind of CSR agenda. The role of CSR in the oil and gas industry has been at the forefront of promoting the idea of CSR. The oil companies today devote attention to sensible issues related
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Introduction Exxon Mobil is an American company resulting of a merger from 1999 between Mobil Oil & Exxon Corporation. Exxon Mobil’s field of activity focuses on oil’s extraction, refining and distribution where it is one of the leaders. Exxon Mobil is also one of the largest petrochemicals producers in the world. It has 45 refineries in twenty-five countries with a distilling capacity of 6.3 million barrels of oil per day. It also has 42,000 service stations in more than 100 countries under the brand
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I. Background Information JHONSON AND JHONSON: TYLENOL The image and reputation of a company is so important in order to gain the trust of the consumers. Crisis need not strike a company purely as a result of its own negligence or misadventure. Often, a situation is created which cannot be blamed on the company - but the company finds out pretty quickly that it takes a huge amount of blame if it fumbles the ball in its response. On September 30, 1892, Jhonson and Jhonson announced that three
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responding to Plumblee's allegations, C)~nce. He was hired in 1990 as part of a new William Howitt, Alyeska~s vice-president of t-"get-tough attitude" towards quality control engineering stated that:(quality-control jobs .after the Exxon Valdez oil spill. Over a three were restructured to allow inspectors to mon to-four month period, he wrote 200 so-called itor work in real time so that immediate cor- f~ "discrepancy reports" indicating quality con rections could be made; the inspectors were trol
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The Exxon Valdez was an oil tanker, thought to be carrying 200 million litres (53 million gallons) of crude oil, en route to Long Beach, California when it ran aground on the Bligh Reef in Prince William Sound, Alaska on the 24th March 1989 in turn causing the ship to spill 43 million litres (11 million gallons) of its crude oil into the sea. The oil, originally extracted at the Prudhoe Bay oil field, eventually covered 1,300 miles of coastline and 11,000 square miles of ocean. The captain of the
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Valdez Oil Spill of 1989 Isaac Mitchell Maine Maritime Academy The Exxon Valdez oil spill of 1989 occurred in Prince William Sound off the coast of southwestern Alaska. The date when the oil tanker ran aground was March 24th, 1989. It struck Bligh Reef at about 12:04 a.m. There have been various estimates of how much oil spilled into the ocean. A total of 11 million US gallons was a commonly accepted estimate of the spill’s volume, used by the State of Alaska’s Exxon Valdez Oil Spill Trustee
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Background Information Exxon Valdez March 24, 1989, the tanker Exxon Valdez ran aground on the Bligh Reefs in Prince William Sound, Alaska spilling 10.8 million gallons or 20% of the ship’s cargo. It was the 34th largest oil in the world at the time and the largest in U.S.A. The oil spill killed 500,000 birds over 90 species more than 4000 sea otters, 14 killer whales and destroyed tourism and the fish industry of the area. It was said on reports that the probable reason on why the tanker has gone aground
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On this date, the Exxon Valdez oil tanker spilled 10.8 million gallons of unrefined Alaskan crude oil into the sea off the coast of the Prince William Sound. Thousands of animals died immediately, of that included an estimated 250,000 '' 500,000 seabirds, 2,800 - 5,000 sea otters, as well as the destruction of billions of salmon and herring eggs. In addition to the loss of wildlife, the residents of Prince William Sound lost their livelihoods because of the spill. Yes, until that date, the United
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Management Planning MGT 330r6 May 2011 Management Planning Introduction Rockefeller and his associates founded Standard Oil Company in Ohio in the 1850’s. They purchased a three-quarter interest in Vacuum Oil Company, this was purchased in 1879. In 1966 Standard Oil changes its name to Mobil after Standard Oil celebrates 100 years being in business. In 1972 Jersey Standard changes its name to Exxon Corporation with the approval from Jersey Standard shareholders during a special meeting
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