Riordan Corporate Compliance Plan Essay Example | Topics and Well Written Essays - 2000 words - 1

Riordan Corporate Compliance Plan - Essay Example Riordan attracts customers from various industries including, electronic companies, household item producers, defense, bottlers, aircraft, and even software companies. The entire vendor management and human resource management systems that Riordan uses in its various branches in the United States are with an Oracle system. The Vendor management and the HR management system are available on the Riordan website and almost all the processes are done including, placing the orders, tracking the order, accepting delivery, and process management. The management system automatically delivers e-mails to the relevant persons once a transaction gets generated through the e-mail engine. The Riordan Corporate Compliance should be created and approved by the senior management or Board of the company and stick to the regulations that may be applicable in various states the company is functioning. Third, the Compliance plan should also give importance to monitoring and auditing the system and ensuri ng that enforcement and breaches are addressed appropriately. In such a manner, the legal compliance plan should meet the legal standards and be in line with the legislations of that particular nation. Legal Compliance Plan Introduction Riordan Production is a manufacturing and productions company concerned with the manufacture of plastics, polymers, electrical appliances, and household appliances. It will not only sell the appliances to other businesses but also to the end consumer. Initially, Riordan was a company that supplied other companies, and it has been recently until which Riordan has entered the relationship sector. Within the company, Riordan consider meeting certain legal and ethical obligation concerned with business and comply with the standard business practice. The legal compliance document of Riordan will not only ensure that the ethical and legal obligation of the company and the manner in which it functions is known to others. This also ensure that the various st akeholders concerned, including employees, other businesses, companies, partners, and the government, are aware of these standards and the manner in which the company functions. The Company compliance plan will chalk out the legal and the ethical commitments and the set of standards that has to be followed during the business practices. The important aspects of corporate compliance are †¢ Enterprise liability †¢ Tangible property and intangible property (intellectual property) †¢ Governance principles of regulatory compliance requirements †¢ The specific international laws This compliance plan created by the company senior management and approved by the Management Board of Riordan Productions. It sets the basic framework and the manner in which the business is conducted. It shall be binding on the company management, employees, contractors, and the third parties who do business with Riordan Productions. The compliance plan will also be binding on the managers and the supervisors. Some of the important set of functions includes Standard policies and guidelines to be adhered to concerned employee management, risk identification, risk management, evaluation, monitoring, implementing corrective processes, and managing the property/assets. Legal Standards Riordan Productions is a manufacturing hub and would be appointing, supporting, and using the services of the human

Application 6.2 Assignment Example | Topics and Well Written Essays - 500 words

Application 6.2 - Assignment Example the university level, there was a consideration of a proposal to make alterations to the job designs of staff of the MSOD program (Cummings, Thomas, and Worley 116). The composition of the staff at MSOD program comprises of a faculty director, an administrative assistant and a program administrator. The main pint of focus of this application is on the roles and responsibilities of the Program Administrator of the MSOD program. The holder of the particular office is charged with the responsibility of recruitment of n students while conducting marketing for the said educational institution, the management of logistics delivery pertaining the off-site program, foreseeing the student registration process, managing the financial payment procedures of students and finally keeping close links with the MSOD alumni. Under the marketing docket, the Program administrator is supposed to work in collaboration with the Marketing Director and the Program Director to come up with clear cut initiatives for marketing such as advertisements, conference support an marketing and the designing an issuance of brochures during various exposures (Cummings, Thomas, and Worley 116). Moreover, the office is also charged with the overseeing of the recruitment process through explaining to the eligible cand idates on the modes of applications and the expectations. The functions of the Program administrator of the MSOD program was influenced by the increment of the tuition fees, the corporate policy on tuition reimbursement was restricted and the economy also played a difficult note for the program and its prospectus to suit (Cummings, Thomas, and Worley 116). The main reason as to why the institution had overtasked the Program Administrator was that it was trying to enrich the position through allocation of vital roles without the measurement of the magnitude and possible completion of the tasks allocated. The institution had tried creating of different but elated programs to increase its