Business Regulations

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Running head: BUSINESS REGULATION SIMULATION

Enterprise Risk
MBA

Introduction
Alumina, Inc, is a four billion company that operates in eight countries around the world, with business interests in automotive components, packaging material, bauxite mining, alumina refining and aluminum smelting. 70% of its sales accounts for their primary business based in United States The Clean Water Act (CWA) establishes the basic structure for regulating discharges of pollutants into the waters of the United States and regulating quality standards for surface waters. The basis of the CWA was enacted in 1948 and was called the Federal Water Pollution Control Act, but the Act was significantly reorganized and expanded in 1972. "Clean Water Act" became the Act's common name with amendments in 1977 (Laws, Regulations, Guidance of Dockets). Several organizations work with environmental managers to deal with environmental compliances issues. ethical issues arises when managers get involved in resolving possible lawsuits that could be ending in damage for the company. Regulations and Legal Issues Government put in place environmental regulations that guide organizations on how they should limit the amount of pollutants produced because the governments have the responsibility to protect individuals who could possibly be hurt by high levels of pollution that can affect the environment. In the present regulation simulation shows the level of importance that business managers placed on preservation of the environment; Alumina was reported in violation of environment discharge norms in a compliance evaluation from EPA five years ago, and a subsequent audit reported the violation as corrected, Kelly Bates a local resident accused Alumina for contaminating the waters of Lake Dira and the situation cause the Leukemia that daughter has. Since this accusation was in the daily news put Alumina in the public eye.

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