In 2010, Concern About Cost Overruns and Staying on Schedule

In 2010, concern about cost overruns and staying on schedule kept executives of BP, Halliburton, and Transocean from sharing information and concerns with each other. The result was a shared assumption of safety that ultimately resulted in the explosion of a BP oil rig and an unprecedented environmental disaster. The failure to express concerns and confront potential risk is an example of ____________ .

A) false consciousness
B) the iron law of oligarchy
C) groupthink
D) self-fulfilling prophecy

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free