Law 531 Week 2
Quiana Fryar
University of Phoenix
Business Law/531
Recognizing and Minimizing Tort and Regulatory Risk Plan
Mrs. Lillian Watson
June 14, 2010
Recognizing and Minimizing Tort and Regulatory Risk Plan
In today’s business environment it is important for all organizations to develop and maintain a plan to avoid regulatory risks. Management should be able to manage any risks through preventive, detective, and corrective measures. As a manager it is important to prevent extensive loss, environmental and commercial, preserve the companies’ public image and abide by pertinent environmental statues. Ensuring the company follows an extensive plan will help to eliminate any risks, by outlining steps that should be taken to resolve these risks in a timely and effective manner.
Alumina is located on Lake Dira, located in the state of Erehow. Alumnia is a global company that has business interest in automotive components and manufacture of packaging materials, bauxite mining, alumina refining, and aluminum smelting. During an EPA compliance inspection, the concentration levels of PAH were above the prescribed limit. Polycyclic Aromatic Polycarbons are pollutants that have been identified as carcinogenic, mutagenic, and teratogenic. PAH are produced as byproducts of fuel burning and can be found in foods and water. Alumina quickly complied and was said to be within compliance at subsequent inspections. Since this one issue, Alumina has maintained a very good compliance record.
Recently, Alumina has been accused of repeatedly contaminating the waters of Lake Dira by a local woman named Kelly Bates. Ms. Bates is claiming that her 10 year old daughters’ consumption of the contaminated water is a proximate cause of her daughter leukemia. She also alleged, to the newspaper, that her daughter ailment may be as old as Alumina’s first instance of environmental violation. To preserve their image as an organization, Alumina quickly conducted independent test to ensure they
University of Phoenix
Business Law/531
Recognizing and Minimizing Tort and Regulatory Risk Plan
Mrs. Lillian Watson
June 14, 2010
Recognizing and Minimizing Tort and Regulatory Risk Plan
In today’s business environment it is important for all organizations to develop and maintain a plan to avoid regulatory risks. Management should be able to manage any risks through preventive, detective, and corrective measures. As a manager it is important to prevent extensive loss, environmental and commercial, preserve the companies’ public image and abide by pertinent environmental statues. Ensuring the company follows an extensive plan will help to eliminate any risks, by outlining steps that should be taken to resolve these risks in a timely and effective manner.
Alumina is located on Lake Dira, located in the state of Erehow. Alumnia is a global company that has business interest in automotive components and manufacture of packaging materials, bauxite mining, alumina refining, and aluminum smelting. During an EPA compliance inspection, the concentration levels of PAH were above the prescribed limit. Polycyclic Aromatic Polycarbons are pollutants that have been identified as carcinogenic, mutagenic, and teratogenic. PAH are produced as byproducts of fuel burning and can be found in foods and water. Alumina quickly complied and was said to be within compliance at subsequent inspections. Since this one issue, Alumina has maintained a very good compliance record.
Recently, Alumina has been accused of repeatedly contaminating the waters of Lake Dira by a local woman named Kelly Bates. Ms. Bates is claiming that her 10 year old daughters’ consumption of the contaminated water is a proximate cause of her daughter leukemia. She also alleged, to the newspaper, that her daughter ailment may be as old as Alumina’s first instance of environmental violation. To preserve their image as an organization, Alumina quickly conducted independent test to ensure they