Among these risk management issues are slow response to the crisis, as the oil spill took several weeks to stop.The results of risk management assessment demonstrate that loss prevention measures in the case of the BP oil spill in the Gulf of Mexico in 2010 were in place to prevent the oil spillage starting and the proper cost containment steps were taken to manage the cost of the required clean-up operations, recovery procedures to promote business continuation, many days had been lost.In other words, crude oil was flowing into the estuaries, marshes and beaches of three states affected by the spillage – Alabama, Louisiana and Mississippi (Griggs, 2011). As a rule, an area contaminated by oil, is closely connected with the whole character of the affected environment.Tags: Creative Writing Prompts For High School StudentsHow To Conclude A Persuasive EssayHbs Mba Essays 2012Cst Multi Subject EssayViolent Video Games Research PaperDarden 2011 Application EssaysRip Van Winkle EssaysEnvironments For Fostering Effective Critical ThinkingHelp With AssignmentLevels Of Analysis In International Relations Essays
It has been found that oil slick coverage was approximately 2,500 square miles in the Gulf of Mexico region.
It has been reported that there were huge underwater oil plumes invisible at the surface.
A large number of factors, including Petroleum toxicity, Corexit dispersant usage and oxygen depletion can be viewed as the major causes of the disaster which led to the negative impact on ecological system (Smithsona & Venette, 2013).
In this paper, the major risk management issues, which illustrate the case, are identified.
The coasts of the Gulf of Mexico are the best place for seabirds’ nests and turtles’ nesting.
Oil Spill Thesis Statement Essay Question Heart Of Darkness
However, the most valuable treasure for economic development of the country is the richest reserve of oil and natural gas.
The company’s leaders should demonstrate their remarkable leadership capabilities, serving their companies, employees and communities.
The Gulf of Mexico is one of the most valuable territories because of the availability of the great variety of marine life, including fish, shrimp and other species.
The oil spill affected both human beings and the environment, polluting and damaging vast areas of the adjacent territories and the large populations of wildlife.
The BP oil spill caused a serious damage not only to the marine life, but also to the human factor, including wild inhabitants, fishing and tourism industry in the Gulf of Mexico (Tangley, 2010).