Business Regulation Simulation

Essay specific features

 

Issue:

Business

 

Written by:

Eileen B

 

Date added:

January 10, 2016

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 647

 

Was viewed:

3616 times

 

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Essay content:

(2000, January). Defense Counsel Journal, Retrieved August 18, 2008, from Business Source Complete database. (Discovery Rule from Defendants' Perspectives, 2000) (University of Phoenix, 2002) Risk Analysis Matrix Alternative Solution Risks and Probability Consequence and Severity Mitigation Techniques and Strategies Alumina should do nothing – allow Bates to bring the lawsuit to litigation • Lengthy litigation (High) • Alumina could be seen as a gross polluter or an evil company and suffer a hit on reputation, regardless of trial outcome (Medium) • Alumina could suffer additional government attention (Low) • Costs associated with litigation will hit revenue and lower profits (High) • Potential business could be lost; employee morale suffers; community support wanes...
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(High) • Higher EPA controls and more frequent audits (Medium) • Make the discovery process shorter through full-disclosure of non-privileged information • Hold a press conference and establish facts and show the EPA findings from 2003 and discuss the subsequent increase in traffic on Lake Dima waterways • Conduct independent study of water quality and Alumina PAH output and file with the EPA Allow Bates to exhaust herself financially before even getting past discovery into full litigation • Bates doesn’t run out of resources or finds a pro-bono lawyer (Medium) • Public perception of Alumina will suffer during pre-trial and trial time period (High) • Case goes to trial • Case could go to full litigation and be long and drawn out (High) • Alumina’s reputation will suffer and potential new business could diminish as well as the stock price (High) • Alumina will incur costly legal fees, expert witnesses payment and other costly fees...
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