Running head: BUSINESS REGULATION SIMULATION
Business Regulation Simulation
Deirdre Loosli
University Of Phoenix
Abstract
This paper identifies the key facts, regulations and legal issues in the Business Regulation Simulation regarding Alumina, a global multibillion company. It identifies several of Alumina’s values and stakeholders and discusses the conflicts among the competing stakeholders according to the simulation. In addition, a summarization on the basic issues on how the internal counsel handles the regulatory issue. Three alternative solutions are also discussed using the risk analysis matrix and summarizes how these align with Alumina’s values.
Business Regulation Simulation
Introduction
Alumina Inc. is a 4 billion aluminum maker based in the United States. Alumina business interests are automobile components and manufacture of packaging materials, bauxite mining, aluminum refining and aluminum smelting. Alumina, Inc operates in eight countries around the world with 70% of their business being in the United States. The company is located around Lake Dira in the state of Erehwon. Region 6 of the EPA has jurisdiction over Alumina, Inc (University of Phoenix Business regulation simulation). Alumina Inc is a company that faces a multimillion dollar personal injury lawsuit from a local resident who claims that five years ago alumina violated environmental regulations which is believed to be the cause of leukemia in the residents’ ten year old daughter. This incident five years ago is the only environmental regulation incident Alumina has ever had. The company has enjoyed a good overall environmental regulation compliance record (UOP Business Simulation). Environmental regulation remains the most ...