Corporate Compliance Plan for Riordan

unified Compliance Plan for Riordan LAW/531 Rich DAmbrosio April 5, 2009 integrated Compliance Plan for Riordan Riordan Manufacturing, Inc. has assigned a incarnate Compliance Officer (CCO) to review the policies and procedures that are currently in place. The CCO bequeath recommend changes and additions to these policies and procedures that will impart Riordan Manufacturing to be in compliance. These changes will assist in bringing the political party cancelled and achieving Best in Class status. The recommended changes are discussed below. Alternative contention Resolution Clause Riordan should implement into the corporate polices an alternative hostility colonization clause. The clause will be Any someone or persons who violate the Corporate Compliance Plan will be subject to disciplinary action. Disciplinary actions will allow in literal and written warnings, suspension, and termination. The action t aken will be found on the severity of the violation. Implementing an alternative dispute result power clause will provide awareness to the employees of Riordan of the seriousness the fraternity has regarding the Corporate Compliance Plan. The changes are meant to increase productivity and allow Riordan to incur compliance obligations. Alternative dispute resolution (ADR) has perish accomplished as a workable alternative to judicial proceeding (Newmark, 1998). ADR includes processes and techniques that wasteweir outside of the government judicial process. ADR is generally classified advertisement into at least four types: negotiation, mediation, collabortive law, and arbitration (Wikipedia, 2009). With the process arrange in place prior to a dispute, the means of resolving will be set and the costs minimized. Enterprise liability Riordan will operate with Mr. Bradford, Chief Legal Counsel, to ensure the company is protected against obligation lawsuits. Employee handbooks should be reviewed and updated wh! ere necessary. The revised handbooks will be...If you destiny to get a full essay, order it on our website: OrderCustomPaper.com

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