The Role and Function of Law in Global Business

Purpose of Assignment

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.   

Assignment Steps  

Select a business or industry ( TJX Companies Inc ) with which you are familiar and, in a minimum of 700 words, excluding title and reference pages, develop an analysis including the following:

• Identify 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 global/international business dispute from your business or industry, then compare and contrast one form of alternative dispute resolution (ADR) with traditional litigation with regard to that dispute, and recommend which method is preferred and why. 

Cite a minimum of three scholarly references. 

Support your answers using legal terms and definitions 

Format your paper consistent with APA guidelines. You must use APA formatted headings to add organization to your paper.  Use bold and centering for first-level headings and put second-level headings in bold at the left margin.  Capitalize all major words in both headings and eliminate italics.  Have a Summary or Conclusion used as a first-level heading.

Format your paper so that all paragraphs have a minimum of three sentences.