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Minimization of Legal Costs



BGP Technologies is a fictitious biotech company that provides pharmaceutical consulting, custom drug manufacturing, and a line of consumer medical devices and generic drugs to customers worldwide. It has consulting offices in most of the major cities in the world, including New York, Los Angeles, London, Paris, Rome, Shanghai, and Mumbai, with manufacturing plants in the United States, China, and Mexico. Recently, the worldwide financial slump has put the company in a difficult position. Before the downturn, the company could absorb the litigation costs associated with its operations as part of the normal cost of doing business; now it can no longer afford to do so. BGP Technologies wants to implement whatever actions it can to avoid or at least minimize some of the legal pitfalls facing it in its worldwide operations. This is the topic of your final project—a companywide legal risk avoidance plan. ASSIGNMENT: Conduct research on what the fictitious company, BGP Technologies, can do to minimize legal risks associated with the management of companies. In addition, conduct research on what managers can do to minimize legal risks associated with securities regulation, accountants’ liability, and agency. Create a report of your findings on the risk avoidance strategies related to this week’s legal topics. The report should consist of one paragraph for each of the following topics. Minimizing the legal risks associated with each of the week’s legal topics (a)management of companies (b)securities regulations, (c)accountants’ liability, and (c) agency. Need references – websites, articles, authors, dates of publication IE: Author First-Last, Date of publication, title of article – text – case, website or publication found in. Business Management Assignment Help, Business Management Homework help, Business Management Study Help, Business Management Course Help


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