Business Regulation

The challenges that surrounded aluminium oxide, Inc. could have been detrimental to the corporation. Areas the management team call for to concentrate on were the corporations image to the general macrocosm as well as competitors, current customers and potential customers. oversights duty was to manage the crisis by preventing extensive losses to the bon ton while at the same time preserving the image of the family and doing right by the community. As a team we concord upon the strategies and recommendations to solve the challenges for Alumina, Inc., although the timing of how the events would play out was slightly different. We agree the initial strategy was to let go a statement highlight Aluminas clean record over the five years. This would come on the community our company has been in compliance with current regulations and that we are maintaining a high standard. Following the local newspapers smother of a damaging article suggesting that Alumina responded quickly because it was on the defense, we agreed that an independent investigation checking for new violations would be a prudent business decision. The result from the investigation indicated our PAH levels were lower than the overconfident levels.

Business Regulation 3 Strategy for Challenges When further inquiries questioned our business practices, we inflexible to a partial release of the report. To ignore this opportunity could be very damaging, indicating our company is hiding something. A full release of the report would jeopardize Aluminas competitive position in the global aluminum trade business. When Bates threatened a gazillion dollar lawsuit, we decided mediation would be an appropriate road to follow as opposed to litigation. This provided a win-win situation for Alumina and Bates. Alumina in exchange for a confidentiality agreement provided Bates with reimbursement of old aesculapian expenses and a lump sum for future medical care for her daughter. The cost of mediation was a fraction... If you want to stir up a full essay, order it on our website: Orderessay

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