Congratulations! You have just been hired by an International Industries company, as the Vice President of Risk Management. The Corporation is headquartered in West Palm Beach, Florida, and has over 150 offices in 30 countries. The International Industries company is incorporated in the State of Delaware; its ships are flagged by Liberia and the Bahamas. The Corporation’s principal activities are grouped into the following areas: ENVIRONMENT: Water and water treatment, waste management; OIL & ENERGY: Exploration, production, transport, refining, wholesale marketing, alternative fuels research; COMMUNICATIONS: Telecommunications, Internet, audiovisual activities, publishing and multimedia; LEISURE & RECREATION: Hotels, casinos, cruise ships; REAL ESTATE: Builds homes and manages properties in active adult, age-restricted communities; FINANCIAL: Brokerage for capital market investments in Russia, Eastern Europe, China, and emerging markets; MANUFACTURING: Produces, distributes, markets, exports and imports spirits and wines. Your duties as the VP for Risk Management will require that you develop knowledge and expertise in all areas of business law, consult with corporate and outside counsel on legal matters, and advise the board as to available options to reduce or minimize the risk and liability of the corporation in its ongoing activities. For the past 10 years, your International Industries Corporation has wanted to develop the lucrative Middle East oil reserves for its exploration, drilling, refining, and transport division. Your International Industries Corporation Oil Division has been limited to Siberia and the South China Sea up to this date and was precluded from entry into business in the Middle East by United States law and U.N. Sanctions. cover sheet if possible. This is the assignment: 1. Discuss whether the present situation in the Middle East presents new opportunities for your corporation to expand its market share into the Middle East. 2.Discuss the legal and ethical risks and benefits of expanding, both short term and long term. 3. Identify governments and/or organizations with whom your corporation should deal with, if the company embarks on a business venture to the Middle East./ Should your company align with the government or the anti-government? because of turf wars. Please use atleast 1 reference from: Pearson Custom Business Resources-The Legal and Ethical Enviornment of Business. The instructor is a stickler about references and APA being correct. We can not use any wiki material.
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