Alumina And Tort Risks

This paper will discuss Aluminas thrust in managing a crisis arising out of allegations of environmental damages. The objective as a manager in this scenario is to prevent extensive losings both environmental and commercial, preserve Aluminas frequent image, and abide by the pertinent environmental statues set forrader by the Environmental Protection Agency (EPA), and Federal and show laws.
a. Identify the key facts, regulations, and legal issues in the simulation.
      USA-based Alumina Inc. is a manufacturer of automotive components and supplemental packaging materials, bauxite mining, alumina refining, and aluminium smelting (University of Phoenix, 2002). Alumina operates in eight countries around the world with 70% of sales from the United States. Five years ago, Alumina inform to be in violation of environmental discharge

With the operation of a business, they face regulatory gamble daily. The Regulatory Risk memorial tablet Inc. (2010) stated, Regulatory risks can be defined as the risk to earnings, capital and reputation associated with a failure to comply with an increase array of regulatory requirements and expectations (para.

Introduction

Alumina is a 4 trillion dollar aluminum manufacturer based in the US.



Although the familiarity operates out of 8 different countries, 70% of Aluminas sales total from the US market. Five years ago, during a regular residency inspection, Alumina was prepare to be in violation of environmental discharge norms due to high levels of PAH (Polycyclic Aromatic Hydrocarbon). Following this discovery, the EPA tell a clean up and Alumina was found to be in compliance during subsequent inspections. Although this was Aluminas first violation in history, the company recently found itself headlining the local news because of allegations by a city resident that Alumina was environmentally answerable for her daughters Leukemia.
As with many corporate ethical dilemmas, Aluminas executives unexpectedly found themselves walking...If you want to get a full essay, order it on our website: Orderessay



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