Philip Cutting Machinery takes custom orders for metal parts. In order to machine some of the parts,

Question:

Philip Cutting Machinery takes custom orders for metal parts. In order to machine some of the parts, the shop uses various solvents that must be disposed of in compliance with local hazardous-waste rules. For years before new laws went into effect, Philip routinely dumped the solvents in a pit behind the shop. The new laws have been in effect for 3 years, and Philip has yet to comply with it.

Required
A. What risks do you think the company faces by not properly disposing of the solvents?
B. To what does the company have obligations to properly dispose of the solvents?

Stakeholders
A person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization's actions, objectives and policies. Some examples of key stakeholders are creditors, directors, employees,...

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A Failure to comply with applicable laws and regulations could result in fines and possibl...View the full answer

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Hemstone Ouma

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