Business Regulation SimulationIntroductionAccording to BNET Business Dictionary, regulation is "the use of laws or rules stipulated by a government or regulatory body, such as the Securities and Exchange Commission, to provide orderly procedures and to protect consumers and investors. (BNET, 2008) Business regulation is not limited to these types of issues, however. As is the case with Alumina, the Environmental Protection Agency (EPA) also sets standards that must be enforced to protect the company as well as the community in which it operates. Because Alumina employees adhere to regulations and standards set by the EPA, they face little risk if something goes wrong. However, Alumina's unfortunate experience with water pollution five years ago landed it in violation of EPA rules. Alumina is now being targeted as the cause of a young girl's case of leukemia. Despite the incident five years ago, Alumina executives are confident they are now following all the rules. The negative publicity generated by these allegations could be detrimental to Alumina's future. Careful decisions must be made whenever a matter of this nature is initiated. Legal counsel should be consulted in responding to such allegations and decisions should be made that preserve the best interests of the company while preserving community relations. Key Facts, Regulations and Legal Issues The mission of the EPA is to establish and enforce the standards that must be met in order to maintain a clean environment. They established regulations to limit pollution such as air and water. Five years ago, alumina spilled into a local waterway. This violation of EPA regulations and its consequences earned Alumina unwanted negative publicity that proved embarrassing. As Alumina overcomes this incident, accusations that inadequate emissions caused a newly diagnosed case of leukemia once again threaten to damage its reputation. they must not disclose the requested business documents in part or in full. According to the simulation, “citizens can request information from the archives of government agencies and their private companies, under certain conditions, to resolve disputed issues.” (Business Regulation Simulation) In the simulation, the records were requested to find a link between the violations that Alumina might be guilty of and the development of leukemia..