Determine and discuss specific strategies

Assignment Help Business Economics
Reference no: EM132736853

GHL4010 Gulf Regional Legal Environment of Business - Gulf College

Assessment Tasks

Situation to Analyse

Car collisions brought about by inadequate automobile parts can cause devastating road accidents and physical injuries. In a situation that car parts are defective, especially those that are intended for driver's safety, car accidents are imminent. When the car's start switches are damaged, it would affect the brake and direction of the car. There are instances that the locks inside the car where the children seats do not function well. This situation would endanger the children's life when unexpected road circumstances happened. These are only a few of the different instances related to the assembling of a car. The car manufacturing defects have been everywhere throughout the news recently. Some other examples of car defects are faulty ignition switches, defective tires, damaged child car seats, and substandard seat belts. The car manufactures are in a tough situation. These are not the only reasons that harm and cause the death of motorists everywhere around the globe. In some instances, car manufacturers were delayed by responding to the appraisal of the inadequate items. The buyers and the other motorists of the country are in danger. In numerous car collision cases, there is someone at fault. Unfocussed driving is only one of the many instances that are connected to car accidents. In such a scenario many other individuals are affected.

Tasks to do. The above-mentioned situation is related to our discussions about commercial companies and torts. Below are the four tasks to be answered. Correct answers must be found in your paper. The substantial content of your answers in each of the tasks is a must.

Task 1. Introduction. Identify the key problems and issues in the given situation. Compose the objectives of your paper. Summarise the outcome of your analysis. (500 words)

Task 2. Evaluation of the Situation. Outline the relevant facts, and the most important issues that you are focusing on. Research one similar problem with this situation. Identify and evaluate what issues that are working and not working between the given situation and the similar situation that you have read and cited in your paper. (1000 words)

Task 3. Proposed Solutions. Offer specific and realistic solution(s). Describe why this solution(s) were offered. Support these solutions with evidence, such as: theories, principles, and/or pieces of literature. (500 words)

Task 4. Recommendations. Determine and discuss specific strategies to accomplish your proposed solutions. This means you have to suggest what must be done and why it must be done. (400 words)

Attachment:- Gulf Regional Legal Environment of Business.rar

Reference no: EM132736853

Questions Cloud

What is linear programming : What is Linear Programming? What if there are uncertainly about one or more values in the LP model?
Compute what the accrued interest would be : 9% coupon that has a present yield to maturity of 10%. If interest rates remain constant, one year from now the price of this bond will be
Purchasing the covid-19 vaccine : Explain some of the most important Order timing factors you will need to be aware of if you are purchasing the Covid-19 vaccine for distribution at your clinic.
Find and estimate the share price : 30.0M common shares outstanding. If we estimate that the company has a weighted average cost of capital is 10.00% per year, estimate its share price.
Determine and discuss specific strategies : Identify the key problems and issues in the given situation. Compose the objectives of your paper. Summarise the outcome of your analysis
Explain the three broad types of ethical theories : Explain the three broad types of ethical theories and provide examples of each.
Disadvantages of completely free international trade : Discuss the advantages and disadvantages of completely free international trade
Estimate value of common stock using the enterprise value : It has no outstanding preferred stock and 1M shares of common stock. Estimate the value of common stock using the enterprise value to EBITDA ratio.
Explain the benefit having a formal hrm process : What do you think? What benefits are there to having a formal HRM process? What drawbacks?

Reviews

Write a Review

Business Economics Questions & Answers

  Analyze a situation in which both parties entering

Please respond to the following: From the e- Activity, propose a methodology for assessing the risk in business contracts. Assess the economic impact this methodology may have for the organization.

  Consumption function-aggregate demand at current prices

Suppose the consumption function is C = $400 billion + 0.8Y and the government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially (before multiplier effects) with. What will the cumulative AD shift be ..

  Impacts on currency markets

Impacts on currency markets and on economic conditions within the country and globally.

  Price for local telephone services

A study noted that they charged a price for local telephone services that was roughly one-half of its cost of providing the services.

  What does this imply about the indifference map

Consider an individual with the following utility function: U(r, y) = ln(r+ 1) + y. The marginal utility of r is 1/(1 + r); the marginal utility of y is 1. Find the marginal rate of substitution of y for r. Is there anything unusual about the MRSyr? ..

  Mathematical expression for total revenue

You are an economist in a company where you have recently got a new Chief Executive Officer (CEO) who is assigned to merge your company with other companies in the market. Give a mathematical expression for Total Revenue, Marginal Revenue, marginal c..

  Because of unusually good growing conditions

"Because of unusually good growing conditions, the supply of strawberries has substantially increased." This statement indicates that:

  What happens to prices and output in the short run

the short-run equilibrium values; and vi. the long-run equilibrium values. State in words what happens to prices and output in the short run and the long run.

  Encouragement of prostitution was immoral to begin

If you thought that the brothels' encouragement of prostitution was immoral to begin with, would you consider this pricing plan to be even more immoral?

  What is the per share value of managerial control

The T-bill rate of return is 4.50% and the market rate of return is 10.50%. What is the per share value of managerial control?

  Calculate the income-expenditure equilibrium level GDP

Suppose an imaginary economy is represented by the following equations: Calculate the income- expenditure equilibrium level GDP. Suppose the level of planned investment spending (Iplanned) drops by $50 . What will the new equilibrium GDP be?

  Compute the marginal propensity to save for this economy

Illustrate what is the level of consumption at the equilibrium level of income. Compute the marginal propensity to save for this economy.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd