CASE STUDY CONNECTION You have just been elected to Congress as the representative from the Pennsylvania district that includes the town of Dimock. What policy approaches would you choose to pursue in a search for solutions to the debate over hydraulic fracturing that has been dividing your constituents? Give reasons for your choices.

CASE STUDY CONNECTION You have just been elected to Congress as the representative from the Pennsylvania district that includes the town of Dimock. What policy approaches would you choose to pursue in a search for solutions to the debate over hydraulic fracturing that has been dividing your constituents? Give reasons for your choices.

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

On With Living (OWL) is a nonprofit organization dedicated to improving the physical and mental health of individuals age sixty-five and older. It is a local chapter of a national organization, the OWL Association, which had been in existence for nearly thirty years. Both the local chapter and the national organizational offer programs and services to help seniors stay healthy and fund research to find ways to prevent, treat, and cure diseases that affect people over sixty-five, such as Alzheimer’s disease, diabetes, and heart disease. Each local chapter is obligated to adhere to the positions of the national organization, and any modification or rejection of the national position is prohibited according to the statement of relationship signed by both parties. Any violation of this relationship agreement would result in disaffiliation from the national organization, which local chapters attempt to avoid at all costs. One position statement of the national organization took a firm…
An environmental scan is a strategic management process that can be applied to a whole company, a division of the organization, a product line or service, a geographical region in which the company operates. The main purpose is to identify all strengths, which are the internal areas in which the company excel at; opportunities, which are those internal positive factors or situations the company can capitalize on considering its strengths; weaknesses represent critical internal negative factors that should be eliminated or diminished; threats are external negative factors which can block the company from achieving its goals and objectives. External factors include: · Legal and regulatory · Global · Economic · Technological · Innovation · Social · Environmental · Competitive Analysis Which of these external factors are critical in the Food and Beverages industry? Please explain.
A business impact analysis (BIA) is a systematic process of identifying and evaluating the potential effects or consequences of a disruptive incident on critical business functions and processes.
Risk management is a fundamental practice within organizations aimed at identifying, assessing, and mitigating potential risks that could impact operations, finances, or reputation. In today's dynamic business environment, organizations face a myriad of risks, including market volatility, regulatory changes, cybersecurity threats, and natural disasters. Effective risk management Involves a systematic approach to evaluating risks, prioritizing them based on their likelihood and potential impact, and implementing strategies to manage or mitigate them. This often includes implementing policies, procedures, and controls to minimize exposure to risks, as well as transferring risk through insurance or other risk-sharing mechanisms. Additionally, organizations Invest in risk monitoring and surveillance systems to detect emerging risks and take proactive measures to address them before they escalate. Moreover, risk management encompasses fostering a risk-aware culture within the organization,…
You have been hired by your dream company as an Ethics and Compliance Officer. Your job is to ensure compliance with ethical business practices, company policies, and local legal/regulatory requirements. The company provided you with this list of situations that could cause problems in the future if not resolved in the next few months: Employees have been taking office supplies (paper, pens, and ink) home with them when leaving work. A supervisor had been seen outside of work having drinks with an employee that works for them. William has worked for the company for 11 years. Recently he was passed over for a promotion. Co-workers have commented that William has been making negative comments on various social media sites about the company. Bob, a senior buyer with the company, has been participating in a rewards program from one of your main suppliers. Bob has been receiving gifts, under the rewards program, for his personal use based on the amount of merchandise he is buying from the…
List and describe two potential methods or models (mathematical or conceptual) that can be used to predict impacts in an environmental impact assessment (EIA) process. Illustrate your answer with relevant examples.
If an organization is located in an undesirable area and known threats exist, what might a healthcare facility safety officer do immediately and propose to a safety committee for a longer term solution?
The CEO of a fictional pharmaceutical marketing company in India has positioned the company as the ethical alternative to its competitors, going as far as to change the company's tagline from "Health for everyone" to "Health with integrity." The company has a public ethical policy and has been transparent with its operations. So, when he learns that the firm's star salesperson who earned millions of dollars for the company, falsified the numbers on a recent report, the CEO must decide whether to fire him. Sales have been very difficult with the Covid-19 pandemic and people afraid to venture out in public and spend money. The salesman had created a sales matrix that had allowed sales to remain at peak levels during the difficult times however, sales was starting to increase as Covid-19 restrictions were being gradually increased. In fact, the company had gone public and applauded the salesman for his effort and was announcing him as Vice President for Sales and Marketing. a. Is…
Max-Fly Aviation Ltd is an aerospace company that makes commercial drones. They are currently developing a formalized risk management process, and they are now in the process of identifying risks to consider? Which of the following risks would NOT be relevant? Risks that will affect their workforce Risks that will affect their competitors Risks that will affect their customers Risks that will affect their operations
Some environmental laws in the United States explicitly prohibit the use of benefit-cost analysis in some areas of environmental policy. For example, the Clean Air Act declares that air quality standards are to be determined purely on the basis of protecting public health with “an adequate margin of safety,” and forbids the administrator of the Environmental Protection Agency from considering costs in setting standards. Can you provide a critique of such an approach from the perspective of economic efficiency? What might be the consequences of such an approach? Now take a step back. From your own perspective, do you think such an approach is advisable? Why or why not?
The Sendai Framework of Action highlights the crucial role that both the Government and the business sector have in mitigating catastrophe risk.In a detailed analysis,what are the five key roles that government can do to reduce disaster risk?
job duties of a Health Commissioner are quite broad. Discuss two job duties from the job description that are extrinsic to the health department and two job duties from the job description that are intrinsic to the health department. list at least two of the job qualifications from the job description for each of the four examples that you feel your education will help prepare you for this position.