Regulating Risk
Jessie Ladson
LAW 531
November 23, 2010
Mauri Hawkins
Regulating Risk
Many organizations leave the doors of possibilities wide open for a financial crisis to occur. In today’s world, the majority of the economy tends to acquire and precede a lawsuits to seek finical stabilities. Before taking legal action, it should be carefully thought out and taken on only as part of future strategy. Once legal action initiates, the legal battles and lawsuits will begin to arise. All lawsuits require a high degree of time and commitment over a long duration of time and can cost a significant amount of money. A great deal of time and energy that goes into preparing and gathering information for lawsuits and a subsequent jury trial, which can be financially harmful to a business. The company needs to consider the employees employed at the time. A lawsuit can have an impact on relationship that can affect dealing with companies. Before taking on legal action it is essential for a business to recognize and minimize the risk of any wrongdoing through practices, strategies, or service that may develop to a legal claim.
Alumina Inc.
Alumina, Inc is United States based company that operates in right countries around the work. The companies prime focus is in producing aluminum for products such as automobile components, packing materials, aluminum refining, and also aluminum smelting. Alumina is on the outskirts of Lake Dira in the state of Erekwon.
Alumina is a company that produces materials that could have potential hard to the public. Therefore, the Environmental Protections Agency (EPA) is an agency that Alumina shall comply with. EPA is a federal agency that enforces environmental regulations and can license, enforce, monitors, and assesses any activities associated with environmental elements. The EPA shall enforce and set policies and procedures for any environmental issue and concerns as...