CO10: Define the ethical environment that is applicable to the business world.
Review the articles on the BP Gulf Oil spill and corporate social responsibility in Required Readings. In your first Forum post include the following:
- Explain how the philosophy of Milton Friedman could have played a role in BP management’s decision.
- Explain how use of the triple bottom line framework theory with CSR could have led BP to make a different decision and avoid the disaster. What would have been the corporate considerations and decision making process?