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During the 2010 Gulf Oil Spill,former BP CEO,Tony Hayward,was Quoted

Question 243

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During the 2010 Gulf Oil Spill,former BP CEO,Tony Hayward,was quoted as saying: "I want my life back!" Although he apologized for this remark in a later statement,the original message remained in the thoughts of many,particularly under the circumstances that 11 persons lost their lives;several communities experienced extreme devastation;many fishing industry businesses lost their livelihood;and dead sea life washed up on the shores of several southern states and Mexico.In terms of corporate social responsibility,which of the following statements would you like to share with Tony Hayward?


A) We should repeat well-known economist Milton Friedman's statement that the only social responsibility of business is to make money for stockholders.
B) The company's CSR corporate social responsibility) approach lacked whistleblowers that would expose exactly who was responsible for the crisis,most likely,the company that made the oil rig.
C) Ethical standards begin with a company's management and the messages they send.CSR takes into account investors,employees,and society and the environment.
D) The best CSR approach to deter bad publicity would be to quickly list all the good things this company has done for society over the past five years.

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