Assignment:
Create a 900 words:
Purpose
Law 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.
Steps
Select a business or industry with which you are familiar and develop an analysis including the following for the chosen business or industry:
• Identify and explain 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 recent (within the last five years) global/international business dispute relating to your business or industry, and then compare and contrast one form of alternative dispute resolution (ADR) with traditional litigation with regard to the dispute, and recommend which method is preferred for resolution and why.
Cite a minimum of three scholarly references. One peer-reviewed scholarly reference must be from the University Library. In-text citations should also be included throughout your discussion to identify source of information presented in your assignment.
Format required for assignment is APA: (1) in-text citations; and (2) reference list.