The Gulf of Mexico experienced a huge explosion on April 20, 2010, that caused the sinking of the Deepwater Horizon oil rig killing eleven people in Transocean, an offshore oil-drilling company owned Deepwater Horizon Oil rig leased by BP (The Ocean Portal Team, 2015). The accident posed numerous environmental threats that affected marine life, businesses, and posed risks to human health.
BP’s response towards stakeholder’s concernsStakeholders in the oil drilling company raised many issues concerning the issue whereby BP responded positively towards these issues and concerns. Many factors led to the conclusion that BP management was much concerned about the accident. First, BP ...
