MGMT 1040 Chapter Notes -Prince William Sound, Bligh Reef, Specific Performance

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Three methods were tried in the effort to clean up the spill: In the aftermath of the exxon valdez incident, congress passed the oil pollution act of 1990, which required the coast guard to strengthen its regulations on oil tank vessels and oil tank owners and operators. Today, tank hulls provide better protection against spills resulting from a similar accident, and communications between vessel captains and vessel traffic centers have improved to make for safer sailing. Read over figure 6. 2 and 6. 3 on page 156 and 157. Corporate values are about how what the company stands for and how its employees behave. They are about framing a role for the business that gives it a purpose beyond profit. Organization goals: those ends that an organization seeks to achieve by its existence and operation. Goals are predetermined and describe future results toward which present efforts are directed. A mission statement tells the purpose of a company or organization.

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