Assess the importance of understanding tax laws


Discussion:

"Consumer Lawsuits"

• Provide a brief, two (2) sentence summary of the background of the case and the outcomes of the lawsuit. Examine both the positive and negative effects that the company in question experienced. Suggest two (2) actions that the company could have taken in order to mitigate the impact of the lawsuit on the company's business operations and reputation.

• Assess the importance of understanding tax laws and governmental regulations that may have an impact on the expansion plans for Walters Aeroworks. Predict the manner in which Walters Aeroworks' potential pursuit of international expansion could impact these plans.

• Journal Entry 4: Prepare a one to two (1-2) paragraph journal entry that examines your learning experiences with ORION in Week 2 of this course, that addresses the following:

1. Determine the primary manner in which ORION has increased your business knowledge in the related subject area.

2. Discuss specific challenges that you may have experienced with any of the subject matter presented, and point out the areas for which you would like more information.

3. Suggest at least two (2) possible applications of this week's material to the company that you currently work for or hope to work for in the future.

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