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Business ethics theory in BP Oil Spill-DB Forum

Business ethics theory in BP Oil Spill-DB Forum

Q Explain how the philosophy of Milton Friedman might have played a role in BP management’s decisions leading up to the disaster. Explain how use of the triple bottom line (TBL) framework theory and CSR could have led BP to make different decisions and avoid the disaster. What would have been the corporate considerations and decision making process?

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Milton Friedman was a well-known economist from the University of Chicago and was very well respected amid different philosophical circles. Friedman was also found to be a very strong supporter of the concept of capitalism and sturdily thought that the