Corporate Compliance Plan

Corporate Compliance Plan

For

Riordan Manufacturing

Riordan Manufacturing

Corporate Compliance Plan

Table of Contents

I. Introduction

II. Alternative Dispute Resolution (ADR)

III. Enterprise and product liability

IV. International law

V. Tangible and intellectual property

VI. Legal forms of business

VII. Governance

VIII. Risk Management based on COSO recommendations

IX. Conclusion

Corporate Compliance Plan for Riordan Manufacturing

I. Introduction

It is the policy of Riordan that all of its business and other practices be conducted at all times in compliance with all applicable laws and regulations of the United States and across the globe where located. The Corporate Compliance Plan serves as a guide to implement this policy of compliance with all applicable standards.

Riordan Manufacturing is an international plastics manufacturer with $46 million in projected annual revenues and employees 550 employees. Since its conception in 1991 Riordan has become a global competitor in the plastics market. Riordan’s most recent strategic decision is to move its China operations from Hangzhou to Shanghai in a five year time period. It is essential in today’s fast changing global business environment to apply the legal principles of business management correctly. Riordan’s managers must carefully and accurately analyze each situation and diagnose the correct problem. Managers then need to apply the correct legal solution. This plan will examine the legal principles including opportunities and challenges of Riordan Manufacturing in the areas of alternative dispute resolution (ADR), enterprise liability, product liability, international law, tangible and intellectual property, legal forms of business, and governance.

II. Alternative Dispute Resolution (ADR)

The strategic plan to move Riordan in China from Hangzhou to Shanghai can raise the possibility of workplace conflict due to job losses and the...