Scenerio: You have scheduled a meeting with the newly combined management team of UWEAR and PALEDENIM for next week. In anticipation of the meeting, Tom Tramlin, the CEO, has sent you an e-mail requesting that you cover some topics for during your meeting with his team, as follows:
UWEAR and PALEDENIM were relatively small companies when we started
in business. Our team has never dealt with any government regulations or
compliance issues, but we may be doing so soon because of the merger.
Additionally, PALEDENIM has always been a privately-owned company and
will now be merged with UWEAR, which is publicly-owned. The management team of
PALEDENIM needs to be briefed on any issues that are relevant to that transition
During the meeting next week, please be sure to cover any
government regulations and/or compliance issues that you feel may be pertinent
to our business or to the current business climate as a whole.
Answer the following: