Legal Ethical Environment
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Over the last several years, the mining industry has faced similar challenges. Part of the reason for this is because of the increase in demand for a host of different raw materials. In the case of Rio Tinto and BHP Billiton, they are facing similar challenges from various safety issues. Below we will examine how both companies are addressing this underlying problem. (Goodman, 2004)
Identify two firms with similar problems but from different countries
Two firms that are facing similar challenges that are from different countries include: Rio Tinto (based out of the UK) and BHP Billiton (headquartered in Australia). Where, they are wrestling with how to improve mine safety, due to a series of accidents that have occurred.
Conduct a comparative analysis of the firms
The two firms are facing increasing pressure to improve mine safety standards because of a number of high profile accidents. In the case of Rio Tinto, they have taken a more proactive approach to address this issue by: increasing spending and establish procedures that will support this objective. (Perrin, 2010) While BHP Billiton, has taken a more hands...
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