200 words per question thanks
1) What are the two general types of diversification and when would one be preferred over the other?
2) One of the largest oil spills in the United States occurred in March 1989 when an oil tanker, the Exxon Valdez, ran aground in Prince William Sound in Alaska, dumping 11 million barrels of oil. The spill caused extensive environmental damage, some of which is still evident today. When the spill occurred, Exxon representatives at their Houston, Texas, headquarters refused to talk to reporters for more than a day, and the firm allegedly denied access to the remote spill site for the media. Worst of all, it delayed treatment of the spill for several days, ensuring that more oil spilled and that the damage grew.
First, list the affected stakeholder groups along with the potential benefits and harms to them. Then, consider this scenario from the three ethical perspectives¾utilitarian, moral rights, and justice¾and tell what actions the company should have taken, as proposed by each of the perspectives.