Management in the News The April 2010 explosion of British Petroleum's (BP) Deepwater Horizon oil-drilling rig,...
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Management in the News The April 2010 explosion of British Petroleum's (BP) Deepwater Horizon oil-drilling rig, and the accompanying oil spill, dramatically chang external environment in which all oil companies operate. The explosion released more oil than any other accidental spill in history and ha impact on the waters and surrounding communities of the Gulf Coast. The conditions that led to the spill, the attempts to stop the spill, cleanup and aftermath of the spill prompted debates in the United States Senate, concern on Wall Street, and attention from companies the world. Match each event in the following table with a specific dimension of the general environment. Event Courts setting a precedent that 80% of civil penalties paid in connection with the oil spill be used for economic and environmental activities benefiting the Gulf Coast Nervousness of investors about putting money into energy company stocks Using oil-absorbing polymers that bond with oil and form a spongelike material that is easily removed from the water Match each event in the following table with a specific dimension of the task environment. Event Other oil companies increasing their market share while BP focused its resources on addressing the oil spill Designing BP service stations that run partly on wind and solar power to appeal to drivers who are concerned about the environment A BP contractor changing its practices to satisfy the environmental and ethical General Environment Dimension Task Environment Dimension Management in the News The April 2010 explosion of British Petroleum's (BP) Deepwater Horizon oil-drilling rig, and the accompanying oil spill, dramatically chang external environment in which all oil companies operate. The explosion released more oil than any other accidental spill in history and ha impact on the waters and surrounding communities of the Gulf Coast. The conditions that led to the spill, the attempts to stop the spill, cleanup and aftermath of the spill prompted debates in the United States Senate, concern on Wall Street, and attention from companies the world. Match each event in the following table with a specific dimension of the general environment. Event Courts setting a precedent that 80% of civil penalties paid in connection with the oil spill be used for economic and environmental activities benefiting the Gulf Coast Nervousness of investors about putting money into energy company stocks Using oil-absorbing polymers that bond with oil and form a spongelike material that is easily removed from the water Match each event in the following table with a specific dimension of the task environment. Event Other oil companies increasing their market share while BP focused its resources on addressing the oil spill Designing BP service stations that run partly on wind and solar power to appeal to drivers who are concerned about the environment A BP contractor changing its practices to satisfy the environmental and ethical General Environment Dimension Task Environment Dimension
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