19 Jun HOW CAN BP PROVE TO ITS STAKEHOLDERS THAT IT IS SERIOUS ABOUT SOCIAL RESPONSIBILITY, SUSTAINABILITY, AND ETHICS?
Case Analysis: “BP Struggles to Repair Its Tarnished Reputation” To help you better understand the concepts of Marketing Analysis, you will be asked to complete a case study for each weekly assignment. To prepare for this level of analysis, first read “How to Analyze a Case” in the W1 lesson folder.
This Week’s Case
“BP Struggles to Repair Its Tarnished Reputation” (located in textbook appendix)
After reading, reviewing and analyzing the case study write a paper on the sustainability and marketing strategies of BP. Within your paper be sure to answer the following questions:
1. Evaluate BP’s efforts to improve sustainability and its reputation prior to the Deepwater Horizon disaster. Was the company on the right track? Why or why not?
2. Because most BP products can be viewed as commodities, do you think that considers will avoid purchasing from BP because of its track record and the Deepwater Horizon disaster? Why or why not?
3. How can BP prove to its stakeholders that it is serious about social responsibility, sustainability, and ethics?
4. What strategic issues would you focus on in trying to repair the company’s reputation?
The requirements below must be met for your paper to be accepted and graded:
• Write between 750 – 1,250 words (approximately 3 – 5 pages)
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