Running a business simulation


Task: After running a "business simulation" develop a 1400 to 1800 word risk analysis that includes the follow criteria:

1) Identify the key facts, regulations, and legal issues in the simulation.

2) Based on the simulation, identify several of company values and stakeholders. What are the conflicts among the competing stakeholders, and how does this constitute an ethical dilemma?

3) If you have access to internal counsel at your organization, summarize the basic issues for the counsel and ask him or her how your organization would handle a regulatory issue like that in the simulation. (Be sure to cite in proper APA style this interview.) If you do not have access to internal counsel at your organization, use the script provided.

4) Use the template provided to create a risk analysis matrix. Considering alternatives not contained in the simulation, recommend a solution for company and evaluate it in the context of company's legal position. Justify your recommended solution.

5) How well does your recommended solution address the ethical dilemma identified in item b? How well does it align with company's values?

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Finance Basics: Running a business simulation
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