the key facts, regulations and legal issues in the Business Regulation Simulation for Alumina. Alumina is U.S. based company with global presence in eight countries. It attributes 70% of its profit through U.S. sales alone. The simulation provides an introduction to environmental regulation by stating that...
1 Business Regulation Simulation According to the simulation “Business Regulation” Alumina, Inc. is a $4 billion aluminum maker, based in the United States. An international organization operating in eight countries around the globe, with the United States market accounting for approximately 70%...
Running head: BUSINESS REGULATION Business Regulation Simulation Jason University of Phoenix MBA 560 Prof. Schumacher September 16, 2008 Introduction Alumina Inc. is a $4 billion aluminum maker based out of the United States. Alumina operates in eight countries around the world with the...
for invasion of privacy is too high, and the bad publicity it would generate. Richards also contemplates a direct approach to dealing with Bates. Alumina’s leadership chose to conduct an independent site study to check for any new violations. The results from the study show that the levels were below...
Running head: Business Regulation Business Regulation Robert Brown University of Phoenix March 16, 2008 Business Regulation Alumina is a $4 billion aluminum maker operating around the world with 70% of its business in the U.S. They operate a plant next to Lake Dira in the state of Erehwon...
Liability: Alumina’s Exposure Business Law 531 Dr. Beverly Spencer March 2, 2009 Recognizing Torts and Decreasing Exposure: Alumina’s Exposure According to the business simulation, five years ago, the government cited Alumina for “failure to comply with environmental regulations” (University...
For any business, regulatory compliance can be extremely challenging. The type of products a business produces determines which agencies are responsible for monitoring and enforcing appropriate regulations. One of the most important regulatory agencies protecting the health of people and the environment...
and Regulatory Risk Alumina Inc. is a U.S. based international aluminum company with eight locations worldwide, worth of four billion dollars. Its business markets include “automotive components and manufacture of packaging materials, bauxite mining, alumina refining, and aluminum smelting” and the company...
Business Regulation: Alumina Inc Introduction The purpose of this paper is to understand environmental safety and how Alumina Inc can remain compliant with the laws enforced by both the State and Federal government. Alumina Inc is a global manufacturer of aluminum which is headquartered on Lake...
Alumina within a business plan to manage it. The prevention, detection, and corrective measures for each liability will be described. The better path of legal action to improve tort liability will be identified and the expected results of the best direction for Alumina and any firm. The business process centered...
extensive losses, minimize negative environmental and commercial impact, preserve public image, and adhere to the existing environmental statutes, regulations, and policies. Regulatory risks may be identified and avoided by maintaining high standards of prevention. By detecting potential problems that...
Alumina wanted to do a possible background check on Ms. Bates Freedom of Information Act (FOIA) Ms .Bates requested information Alumina Inc company business information. Alumina can disclosed partial information. Mediation Corrective measure The purpose of this paper is to provide information to Alumina...
Tort and Regulatory Risk Reduction Plan In business, tort law “provides remedies to persons and businesses that are injured by the tortuous actions of others” (Cheesman, 2010). Companies need to identify and manage regulatory risks through preventative, detective, and corrective measures. The Alumina...
Phoenix Liborio Canales Recognizing and Minimizing Tort and Regulatory Risk In today’s business market, laws and government regulations affect almost all aspect of business. The laws and regulations for businesses are becoming increasingly stricter and carrying severe penalties in fines and damages...
information (Jennings, 2006). Businesses, such as Alumina Incorporated, must follow federal guidelines as regulated by the EPA or risk going out of business due to fines, and sanctions. Members of the organization and/or other related individuals can also be jailed if found to be in violation of federal...
Regulation of Business Patrick Reagan Business Law/BUS 415 Bryan M Grantham, J. D. May 18, 2009 Every business has rules or guidelines which dictate how the company operates and defines employee behavior. Implementing specific policy insures a positive company direction to achieve the goals...
Business Entities, Laws, and Regulations Paper Lou and Jose have plans to open a sports bar and grill, but they do not have the capital to start the business. Miriam, a wealthy investor, can provide the start-up capital to establish the business, but she wants to be included in the partnership. The...
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way? 3. If the duty of care is breached, will claimants suffer damages? 4. If damages are suffered, will those damages be proximately caused by Alumina’s breach of duty? Working through this series of questions will help Alumina identify early on in the planning stages whether or not they are at risk...
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According to University of Phoenix (Legal Environment of Business) Alumina Inc was reported to be in violation of environmental discharge. Five years ago, during a regular compliance inspection, Alumina was found to be in violation of environmental discharge norms due to high levels of PAH (Polycyclic...
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Regulation of business practices serves to protect society. Corporations have a responsibility to uphold environmental regulations. In the business simulation model, students were introduced to Environmental Protection Agency (EPA) legal issues and principals. Alumnia, a $4 billion aluminum manufacturer...
Conduct the “Business Regulation” simulation found on your rEsource page. Identify legal issues that are present in the simulation and note the legal principles that apply to each of the issues you identified. Some issues may be more obvious than others. Repeat the simulation as much as needed to be...
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Being in a top level management puts employer’s in a position where the company have to make a decision that will effect them in any way. Rules and regulations needs to be implemented at all times and a company needs to complete an HR audit every 6 months to keep updated information. No matter what situation...
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This paper will describe the role of United States Constitution and the United States legal system in business regulation matters in the United States. “The Constitution of the United States is the supreme law of the United States of America. It provides the foundation for the U.S. government, and guarantees...
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and future of legal regulations and their impact on the FM in the UK SEE US ON: | | | | | SHARE: | | | | | Legal Legacy In the 10 years since Workplace Law held its first FM Legal Update conference, facilities managers has been inundated with a wide range of regulation to implement across...
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Economic Regulations & Law Employment Law Question 01 Briefly explain why employment law is necessary in a market economy. Employment law is a crucial element which is required in today’s economy providing a basic structure to shape a relationship between an employer...
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The role of the government in creating the business climate The government has a main role in creating the business climate and these areas Government influence: Local-There are many local authorities and councils in the UK who work with regional development agencies. This is done to encourage businesses...
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insurance policies for the risks that have been decided to be transferred to an insurer, avoid all risks that can be avoided without sacrificing Alumina’s goals, reduce others, and retain the rest. There isn’t any way other than to close to avoid the risk. So, an emergency action plan will be formulated...
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REGULATION AND DEREGULATION - THE CASE OF AIRLINE INDUSTRY Regulation The term ‚regulation‘ in the economy generally means rules and restrictions designed to modify the behaviour of firms and individuals in the market. Regulation narrows the choices in certain areas including price, output, rate...
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Topic 1: Nature of business THE IMPORTANCE OF BUSINESS • The function of business in creating value/benefits and adding value to all the business processes (value chain) o Function of business ( create/add value, raw materials ( intermediate/finished products ( production ...
|prescribed / Bates is unable to sue due to statute of limitations| |report of 5 years ago to review their findings |- EPA Regulations Clean Water Act | |Option for Alumina is to investigate Kathy Bates |I would advise against this...
Small-Business Idea ACC/561 02/21/2013 Dr. Janice Mereba Small-Business Idea In today’s business world, an individual who are seeking to venture out as a business owner, first must decide what form of business is best suited. This decision is usually the most difficult and important. When making...
Small Business Owner Pitfalls Kaplan University CM 107 Small Business Owner Pitfalls Imagine investing all your hard-earned money to start a small business, and the unexpected happens. Everything is lost: money, business, and self-confidence. Some people who start small businesses do not plan...
trying to prevent something they feel is a threat. Regulations and orders of administrative agencies are used to enforce and interpret statutes enacted by Congress and state legislatures (Cheeseman, 2013). A funny regulation I saw recently was a regulation against the Amish for selling unauthorized or raw...
Power in Taiwan, Market Outlook to 2014-2025 - Capacity, Generation, Power Plants, Regulations Summary "Thermal Power in Taiwan, Market Outlook to 2025, Update 2014 - Capacity, Generation, Power Plants, Regulations and Company Profiles is the latest report from GlobalData, the industry analysis...
1.0 Introduction This essay will discuss theory emphasis whether ‘Business Ethics is an oxymoron or Not’. this can be done by providing a brief explanation on how business and ethics mutually work in the business fields. The essay will be supported with evidence from academic resources and reference...
Case 1 PEST analysis for Target Canada MGMT 6057 Contemporary Business Management Fanshawe College Submitted To: Albert Knab Submitted By: Jwal Dakwala Student Id: 0723855 Date: October 18, 2014 Introduction The acronym of PEST is: Political Economic Social Technological PEST includes...
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