Recognizing and Minimizing Tort and Regulatory Risk Plan
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- Date Submitted: 06/04/2011 10:10 AM
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Recognizing and Minimizing Tort and Regulatory Risk Plan
Running a company is not as easy as some may think. Companies have to contend with many different issues. The goal of a company may be to create a product that the public needs and also hopefully brings wealth and prosperity to the local community. To accomplish these goals, company executives must find ways of minimizing company liability. Minimizing company liability can cover many areas from environmental regulations to tort violations. For this plan, Alumina, Inc. will be used as an example.
Alumina is a company on the fringe of Lake Dira, in the state of Erehwon. Alumina is an industry that manufacturers automotive components. The company operates in eight countries with 70% of sales coming from the United States. The company handles bauxite mining, alumina refining, and smelting.
Industrial companies such as Alumina must be aware of the industrial waste that they are producing in the creating of a product. The EPA is a regulatory agency designed to regulate what are safe levels of pollutants and how much it can be put into the environment without causing damage to the health of the public.
Five years ago, the Environmental Protection Agency, or EPA, found that the PAH concentration was too high. Alumina complied with the EPA to keep PAH levels down to acceptable levels. Since then, Alumina’s executive staff, Roger Lloyd, Chairman; Chris Blake, Chief Operating Officer; Diane Richards, Head of Public Relations; and Arthur Todd, Legal Council have worked diligently to make sure there are no more occurrences of excessive industrial waste polluting Lake Dira.
Kelly Bates, a 38-year-old mother is considering suing Alumina for causing her 10-year-old daughter’s leukemia. Ms. Bates believes that Alumina is still dumping carcinogenic effluents into Lake Dira. The question for the executives of Alumina is if preventive measures could have avoided this problem. To find out if...
Running a company is not as easy as some may think. Companies have to contend with many different issues. The goal of a company may be to create a product that the public needs and also hopefully brings wealth and prosperity to the local community. To accomplish these goals, company executives must find ways of minimizing company liability. Minimizing company liability can cover many areas from environmental regulations to tort violations. For this plan, Alumina, Inc. will be used as an example.
Alumina is a company on the fringe of Lake Dira, in the state of Erehwon. Alumina is an industry that manufacturers automotive components. The company operates in eight countries with 70% of sales coming from the United States. The company handles bauxite mining, alumina refining, and smelting.
Industrial companies such as Alumina must be aware of the industrial waste that they are producing in the creating of a product. The EPA is a regulatory agency designed to regulate what are safe levels of pollutants and how much it can be put into the environment without causing damage to the health of the public.
Five years ago, the Environmental Protection Agency, or EPA, found that the PAH concentration was too high. Alumina complied with the EPA to keep PAH levels down to acceptable levels. Since then, Alumina’s executive staff, Roger Lloyd, Chairman; Chris Blake, Chief Operating Officer; Diane Richards, Head of Public Relations; and Arthur Todd, Legal Council have worked diligently to make sure there are no more occurrences of excessive industrial waste polluting Lake Dira.
Kelly Bates, a 38-year-old mother is considering suing Alumina for causing her 10-year-old daughter’s leukemia. Ms. Bates believes that Alumina is still dumping carcinogenic effluents into Lake Dira. The question for the executives of Alumina is if preventive measures could have avoided this problem. To find out if...