Riordan Corporate Compliance Plan Riordan Manufacturing Riordan Manufacturing is a global plastics producer with an employee base of 550. The company has projected annual earnings at $46million and is owned by Riordan Industries. There are different segments of the company but the major customers are the automotive parts manufacturers, aircraft manufacturers, the Department of Defense, beverage makers, bottlers, and appliance manufacturers. The company has recently undergone some strategic changes
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charities (Rittenberg, Johnstone, Gramling, & Knapp, 2012). The regulatory oversight that was in place, while Madoff’s Ponzi scheme was operating was the Securities Exchange Commission, the SEC. Also, the Sarbanes Oxley Act of 2002, which Congress passed. The purpose of the Sarbanes Oxley Act is to protect shareholders and the general public from
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Chapter 1: Introduction to Human Resource Management Multiple Choice 1. The basic functions of management include all of the following except ___________. a. planning b. organizing c. motivating d. leading e. staffing (c; moderate; p. 2) 2. The management process is made up of ___________ basic functions. a. three b. four c. five d. eight e. ten (c; moderate; p. 2) 3. Which basic function of management
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Managing Business Ethics Ask business managers how to manage business ethics and they are bound to receive many answers or quizzical looks. How can managers educate employees about the importance of business ethics in the company? Integrating business ethics into an organization, one must first be able to understand business ethics. Trevino and Nelson’s textbook, “Managing Business Ethics Straight Talk About How To Do It Right” (2011), introduces students to this topic. As a result of many
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1. Each of the following elements make up an integral part of what is meant by "ethics" except for: A. Accepted standards of behavior B. Knowing the difference between right and wrong C. Always following the law D. The moral point of view 2. "Treating others fairly" encompasses treating them: A. Equally, impartially, and responsibly B. Equally, responsibly, and openly C. Impartially, openly, and diligently D. Equally, impartially, and openly 3. The Independence Principle in the AICPA
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Name: ONI ABOSEDE. CAN BUSINESS ETHICS BE TAUGHT? “It takes 20 years to build a reputation and five minutes to ruin it” claims billionaire Warren Buffett. “If we think about that, we will all do things differently.” Bernie Maddof and Martha Stewart had their reputation permanently ruined in the business world due to poor business decision making, likewise their involvement in financial crime and unethical business practices. If the above mentioned people had the opportunity of turning back
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the leaders were producing behaviors contingent on demands, constraints, and choices that affected the behavior of the organization. In Enron’s situation the demands were for the company to be successful, which affected the leaders to lose sight of ethics to reach their goals without thinking of the consequences. Enron felt as if they could sweep the dishonest misconduct under the rug. The decisions of the top leaders were creating an ethical mess so that the company could continue to flourish in a
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Law, Ethics, and Corporate Governance Professor Nekia S. Hackworth, Esq. Assignment 1: Employment-At-Will Doctrine Strayer University: LEG500 October 31, 2012 Employment-at-will is a legal rule that developed in the nineteenth century; giving employers unfetter power to “dismiss their employee at will for good cause, for no cause, or even for cause morally wrong, without being thereby guilty of a legal wrong (Halbert & Ingulli, 2012, p. 49). The most common protected categories are
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Reporting Practices and Ethics Paper By Pamela Lockett September 8, 2014 Joe Gazdik, Instructor Ethical standards are important with any organization but more so when it deals with financial reporting. In health care today organizations must use ethical and financial practices that are superb to guarantee a successful organization. In today’s health care, finance is very important allowing for a successful organization. In the health care industry like any other business those in the health
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blamed for extreme misconduct, whistleblowers can report the delinquency of private, nonprofit, and even government divisions. The misconduct of an organization or individuals inside the organization can be reported internally to supervisors or to ethics hotlines that are usually provided to employees at hire. More popular though are those who choose to expose major errors publicly, exposing information in detail to the media or industry regulators. Research by Archambeault and Webber (2015) supports
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