Expert answer:Week 1 Assignment
Expert answer:The company I chose is: (Electricity industry – NRG
Energy/ Green Mountain EnergyThe Role and Function of Law in Global BusinessPurpose of AssignmentLaw impacts how business operations perform. With
globalization, the law’s impact and corresponding business risks have grown.
The student will learn to consider how and when a business risk should be
pursued under traditional litigation (lawsuit, answer, and discovery) and where
alternative dispute resolution methods are appropriate in both domestic and
international disputes. Assignment Steps Select a business or industry (Electricity industry – NRG
Energy/ Green Mountain Energy) with which you are familiar and, in a minimum of
900 words, excluding title and reference pages, develop an analysis
including the following:·Identify at least two ways the U.S. legal system affects
that business or industry.·Examine the risks that business or industry encounters
when dealing with traditional litigation, (suit, answer, discovery, trial) and
what measures business managers can take to reduce exposure to those risks.·Choose a global/international business dispute from your
business or industry, then compare and contrast one form of alternative dispute
resolution (ADR) with traditional litigation with regard to that dispute, and
recommend which method is preferred and why. Cite a minimum of three scholarly references. One scholarly
reference must be from the University Library. Format your paper
consistent with APA guidelines.
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