Question

After a train transporting oil has derailed causing environmental destruction along its route
through a scenic natural area, a large oil company seeks to improve community relations and
restore investor confidence. You have been hired to create a plan of action to restore
stakeholders’ trust and demonstrate corporate responsibility.
Please do the following:
✓ Describe your plan of action which you would present during a town hall meeting with
members of the impacted community.
✓ Apply relevant course concepts and theories to justify your plan of action.
✓ Identify how your plan of action will be perceived from the perspective of different
stakeholders.
✓ Critically reflect on the implications of your plan of action for the future of the oil
company.

Answer 1

Answer:-

Game plan :

Short term :- Dealing with the physical harm brought about by the train derailment

Aside from the rail organizations and neighborhood specialists' mediation, the company will dispatch a 'reclamation' venture that will help remake or relieve the physical harm brought about by the train.

• This incorporates fire and auxiliary harm to open structures, characteristic and man-made structures

• Re-planting of any removed trees/greenery

• Creating a rail watch around the tracks to guarantee future such mishaps don't bring about extreme harm

• Clean-up of the oil in the lake

• Complete clinical costs inclusion for creatures harmed

• Changing of oil transport course to no longer proceed through this locale forestalling any such future mishaps

Long term :- Dealing with the all-encompassing natural harm brought about by the oil spillage

The company likewise vows backing to the community and condition for the following 5 years with the accompanying things :

• Dedicated specialists who will be reachable by all in case of any longer term issues. Will incorporate ecologically trained staff to help settle any issues with verdure or fauna in the locale.

• Planting of extra organic product trees/shrubberies to fortify the biodiversity of the locale and to make a green belt that can battle any subsequent air contamination

• Reintegration of any lost fauna

• Quarterly checks of air, soil and water pollution for next 5 years to guarantee any oil saturated the ground or consumed into the air doesn't cause long term impacts

• Investing in nearby businesses offering low premium credits so financial impacts are limited

(Généreux et al., 2014)

While lawfully the company may just have a constrained risk, an oil catastrophe that outcomes in natural harm ought to be tended to by the company even at an individual expense. In doing so the company can follow the moral standard of Beneficence where they decide to make the right decision and great. This motion will be seen by all the company truly attempting to make amends for its mix-ups and will loan to them being all the more sympathetic and seeing it in a good light. Additionally by guaranteeing care for and security of the plant and creature life, the company is stretching out the Moral rights standard to reach out to creatures to guarantee the earth is reestablished and reconstructed after the catastrophe. In taking on this social and natural obligation, the company can look to demonstrate their aim to work dependably and to alleviate any terrible press.

The community everywhere is probably going to be assuaged by the measure of work the company is eager to place into tidying up the harm and the arrangement could be gotten well by a dominant part. Be that as it may, there are probably going to be some who see the business as chargeable on a more excellent scale and decide to record claims to recoup extra costs.

To guarantee that the arrangement is generally welcomed, the company ought to solidly convey their short and long term plans focusing on the center the company will put on guaranteeing all harm is alleviated to the level conceivable. The investors anyway are not prone to be too excited about their benefits being utilized for this reason, and the all-inclusive estimation of the plans ought to be passed on to them to get their up front investment. Awful exposure can prompt a business' decrease in the court of general assessment and this arrangement can help keep away from that while likewise assuming liability for the calamity.

A business needs to make a benefit and to do so they should guarantee their image notoriety is all around secured if there should arise an occurrence of such episodes, and furthermore in doing so they should take a gander at charitable intentions, for example, helping those influenced/out of luck.

This arrangement will profit the community everywhere and the common region, bringing about a greatly improved heritage for the company.

Sources :- Metaphysics Research Lab (2016) Business Ethics. Stanford Encyclopedia of Philosophy.