University of the Incarnate Word Business Plans Questionnaire
Question Description
I’m working on a business plans discussion question and need an explanation and answer to help me learn.
1. Explain the importance of CSR.
2. What is a values statement and how important do you think this may be to the strategic process?
3. Research a company making a poor business ethics decision and provide a summation of your article find
4.Describe contingency and crisis action planning in the context of the business environment.
5. What are some important steps when faced with a crisis? What is crisis communication?
6. With your knowledge of crisis action planning, research BPs Gulf Oil Spill and evaluate their preparedness and response to a crisis.
7. Please take a look at the attached video where an ABC News anchor grills BP’s COO for exploration and production, Doug Suttles. This is a very good example of why you need to prepare your spokesperson for the tough questions so he/she can speak to your Crisis Action Plan. How do you think Mr. Suttles did?
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