Discuss importance of implementing a standardized process


Module Assignment: Industry Standards Compliance And Risk

For your course project submission watch the video and complete the following steps.

1. Research the regulatory standards for an industry of your choice.

2. Discuss two regulatory agencies that regulate this industry and their roles.

3. Identify three legal requirements that relate to how products are marketed in the industry. (These requirements can be general requirements that all companies must meet, or they can be industry or product-specific.)

4. Discuss the potential risks to a company's key stakeholders in that industry (e.g. employees, customers, or the community) if the legal requirements you researched are not met.

5. Discuss the importance of implementing a standardized process for complying with legal and regulatory guidelines.

Format your assignment according to the following formatting requirements:

1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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