I - Background Study EXXON VALDEZ CASE Companies would always be prone to crises and problems beyond their control. What makes a company stand; amidst all problems they are dealing with is how they deal with it. One of the greatest controversies during the 1980’s was the Exxon Valdez oil spill that happened on a reef in Alaska’s Prince William Sound. The Exxon Valdez ship had identified icebergs and decided to take a different
Words: 2314 - Pages: 10
Exxon 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
Words: 3901 - Pages: 16
Exxon Valdez Case Study Executive summary The ethical issues faced by management of corporations, and Exxon in particular, originate from the objective of cost cutting with the purpose of profit maximization. As was seen in Exxon’s case, where the disaster could have been prevented if the proper mechanisms and equipment were put in place. Conflict of interest is also a major ethical problem faced by management as well as employees in corporations, as human beings
Words: 3515 - Pages: 15
[pic] DE LA SALLE UNIVERSITY – DASMARIÑAS Communication Arts Department REACTION PAPER: JOHNSON & JOHNSON AND EXXON VALDEZ Submitted by: MARK ABELARD ARIAS BAUTISTA Submitted to: Prof. ROEL S. RAMIREZ, APR July 12, 2012 1/9 I. Background Information/ Additional Perspectives Johnson & Johnson: Tylenol Tylenol known as a kind of pain reliever also known as Acetaminophen and it may be used even without physician’s prescription
Words: 1460 - Pages: 6
William Sound awoke to the catastrophe brought by the tanker Exxon Valdez spilling more than 10 million gallons of crude oil. This incident caught the attention of the public and received many and different criticisms. Eight of eleven cargo tanks were ruptured during the incident. ARLIS or Alaska Resources Library and Information Services with the help of Exxon Valdez Oil Spill Trustee Council released a collection of materials on Exxon Valdez Oil Spill. It included the following information: * The
Words: 2581 - Pages: 11
In 1989, Exxon Corporation caused one of the worst environmental disasters. The oil tanker Exxon Valdez spilled 250,000 barrels, an amount equal to more than 10 million, into the waters of Alaska’s Prince William Sound after striking Bligh Reef at approximately 12:04 a.m. on March 24. The spill eventually covered 11,000 square miles of ocean and coated 1,300 miles of coastline. Shortly after the incident, different media piled in to begin extensive coverage often pointing out Exxon’s corporate irresponsibility
Words: 1974 - Pages: 8
I. Background Information/ Additional Perspectives A. Exxon Valdez Oil Spill March 24, 1989 marked the date of the largest oil tanker spill in the history of United States as the tanker Exxon Valdez spilled 11 million gallons of oil into Alaska’s Prince William Sound. This incident put Exxon into a crisis as it made the Alaskan region into a worldwide symbol of environmental chaos. The enormity of the ecological ruin and the phenomenal task of cleanup caught the attention of the many
Words: 3506 - Pages: 15
The Long- Term Effects of oil on ecosystems: A comparison of the Exxon Valdez and the BP oil spill The Exxon Valdez was a single hull, 987-foot super tanker built by the National Steel and Shipbuilding Company, out of San Diego, California. The Exxon Corporation commissioned this ship into service on December 11, 1986. After the March of 1989 collision with Bligh Reef, the vessel was towed to the shipyard in San Diego and repaired in June of 1989, more than 1,600 tons of steel needed
Words: 3918 - Pages: 16
http://www.eoearth.org/article/Exxon_Valdez_oil_spill?topic=58075 Exxon Valdez Case Study By: Caitlin Miller Integrated Science Period: B Exxon Valdez was a horrendous catastrophe that ravaged huge areas of marine life and environment. First of all you need to know what exactly an oil spill is-it is when carelessness of the crew or equipment issues creates a problem that causes an oil tanker to leak out oil into the water. Oil spills can have other motives behind them as well such
Words: 1561 - Pages: 7
I. SUMMARY/SYNTHESIS • The Exxon Valdez tanker tore itself open in a reef in Alaska’s Prince William Sound and spilled more than 10 million gallons of crude oil on March 24, 1989. • Lawrence Rawl, the CEO of Exxon, stayed out of the public’s view for nearly a week which caused the publics to be antagonized and cause him to be seen as just an insensitive spoiler in the environment. • At the Exxon’s shareholder’s meeting on May 1989, he faced angry stakeholders and demonstrations
Words: 1056 - Pages: 5
