Posted by: | 16th Sep, 2010

Business Ethics

Business ethnics has become one of the main problems in today’s world, as more and more corporations  are found to have ignored the well being of their communities in seeking to increase their own profits. One of the most well know cases in today’s world is the BP oil spill that happened six months ago. The company was only concerned with making more profit by drilling for oil, and conveniently overlooked the possible negative outcomes of their actions, and the effects of which on the surrounding environment.  As a result, the ecological system around the Gulf of Mexico was completely devastated, and the people along the Gulf Coast were largely affected by the harmful chemicals that escaped. The negligence of the BP executives concerning environmental sustainability was one of the fundamental reasons why the spill took place, and if the company was more conscious about drilling safety procedures, all of this could be avoided.

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