Question
You are a Board member and the CEO of a major oil company experiencing problems from the increase in oil prices.
Your employees’ morale is down because their workload has increased because of layoffs to decrease the cost structure.
Investors are angry because their return is down and now you have a new problem, a major oil spill off the coast of San
Diego. What should be your priority? Your mission statement says that you are responsible to stockholders, employees
and the environment but these responsibilities are not in any order.
Your employees’ morale is down because their workload has increased because of layoffs to decrease the cost structure.
Investors are angry because their return is down and now you have a new problem, a major oil spill off the coast of San
Diego. What should be your priority? Your mission statement says that you are responsible to stockholders, employees
and the environment but these responsibilities are not in any order.
Answers
Morally and ethically, there's only one immediate priority.
What do you think it is?
What do you think it is?
I the first thing to do would be is to take care of the oil spill. Get that clean up.
I completely agree with you.
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