In the BP Deepwater Horizon case, the company's executives made some unethical decisions that led to the explosion and destruction of the oil rig. Which of the following may have incentivized the executives to make these decisions? a.The Deepwater Horizon project was one of many rigs BP was operating in the Gulf of Mexico, as the company had 650 leases b.BP had a reputation as a pioneer in the industry and deepwater drilling in the Gulf of Mexico was considered the frontier c.BP had a diverse group of shareholders located around the world d.BP did not own the oil rig - they were renting it from Transocean

The Deepwater Horizon oil spill in 2010 became one of the most devastating environmental screw-ups…

Answered: In the BP Deepwater Horizon case, the…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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In the BP Deepwater Horizon case, the company's executives made some unethical decisions that led to the explosion and destruction of the oil rig. Which of the following may have incentivized the executives to make these decisions?

	a.	The Deepwater Horizon project was one of many rigs BP was operating in the Gulf of Mexico, as the company had 650 leases
	b.	BP had a reputation as a pioneer in the industry and deepwater drilling in the Gulf of Mexico was considered the frontier
	c.	BP had a diverse group of shareholders located around the world
	d.	BP did not own the oil rig - they were renting it from Transocean