The Moral Issue Of Oil Companies Are Abusing The General...

The Moral issue in the case we are confronting is that oil companies are abusing the general population, contaminating nature, weakening the governments regulations, and deceiving everybody for their profits which is not acceptable of a mammoth organization like BP. Oil being a natural resource is being extracted by the company for their vested interests neglecting the society and the climate. The food pyramid is getting affected due to its short cuts and lapse in guidelines and total negligence resulting in gross cheating and mass killing of live stocks in sea as well polluting the air. The government intervention at crisis is an example of socialism. BP operations are in more than 100 countries with several reserves are creating chaos for the people working with them and society, showing capitalistic nature safeguarding its profits. The company many a times neglected the workers safety and environmental standards and intentionally avoided the necessary steps that could have stoppe d many catastrophes that led to many deaths and causalities (Cherry Sneirson, 2010). The company has to be positive and develop to powerful changing business force at both macro and micro level which impact the business environment. There has to be a balance between the financial and ethical commitments. The company striving to work for only stake holders is not moral and ethical. What was their concern when it comes to the ethical responsibility to society? My sincere feeling is that giantShow MoreRelatedCorporate Legislation Standards Of Ongc, Oil And Natural Gas Corporation Essay2709 Words   |  11 PagesConceptual Corporate legislation has been the inside of consideration in the late years. Corporate outrages have been purchased to the overall population as the shortcomings of corporate legislation. 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