Question: Access the Riordian virtual organization found on your resource page. Create a Corporate Compliance Plan for Riordian. The plan must synthesize your learning throughout the course and apply the legal principles of business management to Riordian. Focus your plan on managing the legal liability of officers and directors of Riordian. Your plan should address the following: ADR, enterprise liability, product liability, international law, tangible and intellectual property, legal forms of business, and governance.
- Create your Corporate Compliance Plan as if you were going to distribute this to the officers and directors of Riordian. Outline the prevention and management guidelines of the legal aspects listed above. Use your individual assignments throughout the course to bring insight into this project. Implement enterprise risk management based on the Committee of Sponsoring Organizations of the Treadway Commission (COSO) recommendations. COSO can be used to structure your plan. Be sure to incorporate key concepts from your readings where appropriate.
- Address specific laws or aspects of the law that must be adhered to by Riordian and outline steps for employees to adhere to these laws. The plan must also address how to handle situations when laws are violated or in question (such as when to call in legal counsel, what rights the employees have, or who to turn to when actions are taken against Riordian).