According to Earthjustice, a non-profit environmental law firm, the BP disaster happened because “managers weren’t managing, oil companies and regulators were colluding, and high risk was acceptable risk.” Obviously, problems like those that led up to the BP spill can be extremely complex. In light of this fact, what, in your opinion, should be the primary responsibilities of managers at regulatory agencies such as MMS? Of managers at oil companies such as BP?
Answer to relevant QuestionsDescribe the four basic levels of international business activity. Do you think any organization will achieve the fourth level? Why or why not? What are the advantages and disadvantages for a U.S.-based multinational firm entering a mature market economy? What are the advantages and disadvantages for such a firm entering a high-potential or high-growth economy? What challenges in the U.S. cultural environment do you expect Fiat to face as it uses its Chrysler connection to compete in the American car market? What management challenges will Marchionne face in the areas of planning ...In general, do you think that a member of its target ethnic group makes the most effective leader at an ethnically oriented business like BET? Why or why not? What types of plans and decisions most likely require board of director involvement, and why? What types of decisions and plans are not appropriate for board involvement, and why?
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