Amtrack Case Study

592 words - 3 pages

Amtrack Case Study

Amtrack Case Study
The Amtrack accident with the Sunset Limited and the M/V Mauvilla was a horrible accident. The stakeholders throughout this whole incident include the people who were on board the train and the boat and their families, the employees who worked on the train and the boat, captains of both, and the owners of both companies. Their interests all differ to some respect. The families and friends of people who were killed or injured are interested in some kind of settlement for their wrongful death. The captain’s interests would be the continuance of their jobs, while the owner’s interest would include keeping the business running and making a profit. The employee’s interests after this incident would be continued job security as well as compensation for those who were hurt or killed.
The corporation’s legal social responsibility would be ...view middle of the document...

The corporation’s philanthropic responsibility would be to go above and beyond in making it up to people who were injured or to the families of those who were killed. This could include making donations to funeral services or to organizations that help with these kinds of injuries.
The recommendations for the corporation is to adhere to all its responsibilities and to make everything right again so that the corporation can go on to continue to make a profit and provide services. One reason they should do all these things is to ensure that they do not receive criticism for not accepting social responsibilities. If they were to ignore the stakeholder’s after this accident and not accept responsibility for what they have done to them, the community would most likely give the company a bad reputation. They would let others know what has happened and people would lose respect for the company. The business is a part of the community, and because it provides a service to the community, it cannot exist without it. This company needs people in the community to continue making a profit.
Another reason that they need to accept all corporate social responsibility for this incident is to avoid causing any harm to the community. If they did not pay to have everything repaired and cleaned up, it could cause significant harm to the community. It would cause all other trains to have to avoid that route because the tracks would not be repaired, and anything that may have fallen into the water could be a hazard to boats going through that area. This could be a cause for future lawsuits and problems for the company. Overall, it is in the best interest of the company and their profits for them to accept all corporate social responsibility.

References
Eisenbeis, H. R., Hanks, S., & Barrett, B. (n.d.). The wreck of amtrack's sunset limited.
Informally published manuscript, University of Southern Colorado, Colorado. Retrieved
from http://content- leg.kaplan.edu/LS312_1101A/images/product/CaseStudy_Amtrack.pdf

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