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

2. It\'s too late now, but if you had been drafted to fix MMS in the wake of the BP oil spill, how would you have applied the approaches to \"Managing Ethical Behavior\" discussed in the text? On which of these approaches would yhou have focused the most time and energy? Is it likely that you\'d have been successful? Why or why not?

Solution

Answer:

In my opinion, MMS most grievous and blatant unethical behavior falls under this category. As the agency was responsible for collecting drilling royalties from oil and gas companies, MMS employees were thus able to exploit the system after re-selling those royalties on the open market. By allowing buyers to revise their bids after purchasing oil and gas from MMS, the agency established a culture of unethical business practices within its own industry. MMS further compounded their situationby allowing agents to have inappropriate relationships with oil and gas company reps., which constitutes a conflict of interest on the agency’s behalf.