Deep water Horizon Understanding Business Factors

Deep water Horizon Understanding Business Factors Student’s Name Institution Course Date DEEP WATER HORIZON UNDERSTANDING BUSINESS FACTORS OTD: TABLE TO BE COMPLETED PRIOR TO CLASS 4. PRINT DOCUMENT TO TURN IN DURING CLASS 4. NAME: __________________________________ Column 1 Column 2 Column 3 External Factors Identify 2-3 factors from your readings that you attribute to each external factor impacting business Which is most important to you and why? Government (Political and Regulatory/Legal) The threat of government lawsuit and taxation The threat of government lawsuit posed a great concern fir the industry because would lose millions of dollars on environmental penalties (Nieto-Rodriguez, 2019). If this happens the industry would pay a lot of money to cover the cost of disasters and civil penalties. Risk of senior leaders facing criminal charges Lawsuits and environmental penalties Economic The risk of unemployment in the industry The threat of unemployment in the country affects the performance of the economy. Increased rate of unemployment, fines and pena...