Topic > Business Regulation Simulation - 1148

IntroductionThere is a complex legal issue that attracts the attention of senior management at Alumina Company. How the matter is handled will affect how the company operates and its standing in the community. The purpose of the next paragraphs will be to describe the company and its stakeholders, determine the company's values, set the current situation, analyze the risk factors in the possible solutions, and present a better solution for Alumina to follow. About the Company/Stakeholders /valuesAbout the CompanyAlumina is a four billion dollar company based in the United States of America; it operates in eight countries and seventy percent of its business is in the United States. Business interests include auto parts, bauxite mining and aluminum smelting. Stakeholders1- Chairman Roger Lloyd – iron willed, short-tempered, his word is law2- COO Chris Blake – calculating, genial personality, can be sharp, can convince people he is right3 - PR Manager Diane Richards – handles all the difficult ones PR assignments, enjoys high favor with the board of directors for handling overseas PR matters with angry investors, is not afraid to use his skills to his advantage4- Arthur Todd General Counsel – handles regulatory and litigation matters in hazardous waste and environmental regulations, clean water issues, river dredging, wetland filling, etc. “Over the past 25 years, the federal government has enacted a series of laws regulating the impact of private businesses on the environment. More and more companies are hiring environmental managers to address environmental compliance issues.” (Reed, et al, 2005, p512)5- Kelly Bates – A local resident who filed an environmental lawsuit against Alumina, perhaps destroying the good environment...... middle of paper......to do beyond the facts of whether or not Alumina is releasing chemicals beyond legal limits. Among the issues are the public relations Alumina wishes to have with the community, the possible disclosure of corporate information that could harm Alumina in the aluminum industry, and the desire for Alumina to operate ethically. After examining the risks associated with the options presented to them, Alumina's decision to resolve their differences with Kelly using the services of an alternative dispute resolution system proves to be the best answer to the problem posed. References: Reed, O., Shedd, P., Morehead, J., & Corely, R. (2005). The legal and regulatory context of companies. New York: The McGraw-Hill Companies. Scenario One, Business Legal Environment (2008). Company regulations. Retrieved May 15, 2008, from University of Phoenix: rEsource.