How multiple variables can affect risk assessment models

Assignment Help Business Law and Ethics

Reference no: EM13767344

Scenario: For the purposes of this discussion, assume that you have been appointed by the President of the United States to a special advisory commission. As a member of this commission, you each have been charged with the responsibility to set new guidelines for any U.S. corporation doing business in a foreign nation. The goal of the commission is to establish minimum operating standards in a foreign country, so that any U.S. company doing business abroad does not knowingly produce hazards that contribute to the harm of foreign nationals within the host country.

Question: Employing your new found understanding of how multiple variables can affect risk assessment models, describe what steps you will take as a member of the commission to ensure that companies operating abroad have clear guidelines that will prevent or mitigate the potential for harm to human beings. In describing your steps, be specific enough and provide examples that might illustrate what types of hazards and risks might be mitigated or prevented.

Reference no: EM13767344

Questions Cloud

Disadvantages of using forward contracts : Draft a memo to a client comparing the advantages and disadvantages of using forward contracts and options to hedge foreign exchange risk.

Define processing information systems applications : The use of an enterprise service provider for processing information systems applications such as a payroll, human resources, or sales order taking.

Discuss emergence and growth of traditional gangs in america : Prepare a 5-7 page paper that will discuss the emergence and growth of traditional gangs in America, myths aside. Paper will be completed in APA format

Existence of living beings able to perceive : In physics, the idea of fine tuning is that the very existence of living beings able to perceive and study the physical universe is dependent on many physical constants and relationships being as they currently exist. Small departures from the value ..

How multiple variables can affect risk assessment models : Employing your new found understanding of how multiple variables can affect risk assessment models, describe what steps you will take as a member of the commission to ensure that companies operating abroad have clear guidelines that will prevent o..

Authentic demonstration competency application : The Change Leader PowerPoint Presentation will outline how you intend to incorporate the course learning into your career, and role as a change leader. The final product represents an authentic demonstration competency, because it will address the..

Identify examples of customers using search : 1. Select a business with which you are familiar and identify examples of customers using search, experience, and credence quality to evaluate the good or service. You might also look up the businesses on the Internet or visit the library.

Explain intrinsic or extrinsic factors : Review your classmates' posts, and respond to at least two of your peers. Select at least one peer who noted different intrinsic or extrinsic factors than yours. Why do you think their factors are different

What is the racial breakdown of mental illness in prison : What percentage of the female prison population is diagnosed with mental illness? What is the racial breakdown of mental illness in prison

User Account

All Pages