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BP Oil Spill In The Gulf Of Mexico

Decent Essays
Managerial Blunders
Isaac Eino Bacher Smith
Clark University

Author Note This paper was prepared for Managerial Communications, taught by Professor Cheryl Amantea during the Spring 2016 Semester.
Managerial Blunders

Introduction A managerial blunder is a blunder or mistake that a company, institution, or firm makes effecting the image and reputation behind the company’s name. The negative externalities from the blunder can cause a monetary loss along with the destruction of the company’s image and reputation in the working world. Managerial blunders are not uncommon in the working because of the pressure and scrutiny that large companies are put under by the media. In business there is no room for mistakes and perfection is expected. One of the biggest managerial blunders to ever happen is the BP oil spill in the Gulf of Mexico.
British Petroleum Background BP is a company that delivers energy products around the world through the exploration and refinements of natural resources. The company is also known as one of the world’s largest oil and gas companies that competes with other major household names such as ExxonMobil and Chevron. Because many of these large
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The oil spill started when an explosion happened on the oilrig known as the “Deepwater Horizon” oilrig. This explosion cause one of the pipelines along the sea floor to gush oil out over a period of 87 days. During the explosion 11 people working upon the oilrig went missing and still have not been found to this day. During the 87 days that the oil leaked out 4.9 million barrels of oil into the Gulf which ended up being fatal for thousands people living along the coast of the Gulf of Mexico. When the spill happened there was an immediate movement to try to save the estuaries and costal wetlands through controlled burns but most of the damage could not be controlled due to the gulfs
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