I. Organization Overview
In 1991, after obtaining several patents from finalizing polymers in high tensile strength plastic substrates, Dr . Riordan founded Riordan Manufacturing (University of Phoenix, 2003). In 1993, Riordan Manufacturing, Incorporation expanded in the production of plastic beverage containers in the organization will be manufacturing plant in Albany, GA. Today, Riordan Manufacturing features custom plastic-type material parts manufactured in Pontiac, Michigan and plastic fan parts in Hangzhou, China beyond the Albany, GA plant. Riordan's customers incorporate automotive parts manufacturers, plane manufacturers, the Department of Defense, beverage makers and bottlers, and appliance producers (University of Phoenix, 2003).
II. Corporate Compliance Overview
Riordan Manufacturing has created a Corporate Conformity Plan custom-made to the company specialized field of plastic material designs. Riordan is committed to managing and operating the business programs with all the utmost degree of business, ethical and meaningful principals. Worker expectations in order to contribute to the business functions in the organization with integrity and ethical standards. Management plays a part in achieve these kinds of standards by simply demonstrating management, integrity and being a part model to employees to market an environment which compliance and ethical organization practices are required.
III. Business Risk Management Program
Compliance is adhering to established standards that are established within the business. The mission of the corporate compliance plan for Riordan is to make sure awareness and compliance with applicable laws and regulations, rules and regulations towards the workforce, including federal and state programs, fraud, squander and misuse, ethics, personal privacy and reliability requirements. Personally i have tried the Committee of Selling Organizations with the Treadway Commission payment (COSO) platform as a information for suggestions regarding internal controls and company governance.
The goal of...