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Relevance of the legal department in kind of business

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Reference no: EM132902637

QUESTION 3 (25)

3.1 For a typical national oil company like PetroSA, the legal and corporate side of the of the firm gets involved with joint ventures, subsidiaries, government projects, and supporting due diligence. It plays a key part in contracts, as all contracts must be signed off by the legal department. Research and critically discuss the key functions and relevance of the legal department in this kind of business. (15)

3.2 Using relevant examples, expatiate on any three major areas of improvement that organisations can exploit through a proactive approach to risk and risk management

Reference no: EM132902637

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