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