Management 11th Edition by Ricky W Griffin Page 114115Manage

Management, 11th Edition by Ricky W. Griffin

Page 114-115-Management at Work (Sex, Drugs and Reckless Controls)

Case question

1. The section on \"Managerial Ethics\" highlights three sets of relationships involved in eth excerise of managerial ethics-the relationships of the organization to its employees, of its employees to the firm, and of the firm to other economic agents.

Explain how each of these relationships was a factor in the ethical falilings of the Minerals Management Service. Identlfy which of the three was the biggest factor.

Solution

he Minerals Management Service (MMS) was an agency of the United States Department of the Interior that managed the nation\'s natural gas, oil and other mineral resources on the outer continental shelf (OCS).^{[4][5][6][7][8]}

Due to perceived conflict of interest and poor regulatory oversight following the Deepwater Horizon oil spill and Inspector General investigations, Secretary of the Interior Ken Salazar issued a secretarial order on May 19, 2010 splitting MMS into three new federal agencies: the Bureau of Ocean Energy Management, the Bureau of Safety and Environmental Enforcement, and the Office of Natural Resources Revenue.^[9] MMS was temporarily renamed the Bureau of Ocean Energy Management, Regulation and Enforcement (BOEMRE) during this reorganization before being formally dissolved on October 1, 2011.

In this case managerial ethics was relationship of organisation with economic agents i feel is the falilings of Minerals management service