In such business interrelations, customers are required to act according to the regulations given by a service provider. In this business service providers and customers do not meet face to face and they, therefore, interact actively or passively through media. Examples of such businesses include education, banking services, health services like weight losses rules among others. In this kind of business interactions, lack of customers to adhere to regulations means failure. This business innovation has been faced with criticism by various individuals. There are issues that rise up concerning methods of sampling, data collections, and analysis. While some scholars agree with these methods, some others do not agree with them. Works done by Dellande and Nyer; Dellande; Gilly and Graham as well as the work of Kasabov and Warlow are examples of some works that have published about Customer Compliance Business Methods (CCBM). Analysis of these works reveals different issues of concern about methods of data sampling, data collection and analysis. In this work, I will review articles by the above authors to show strengths and weaknesses of their methods of data acquisition, synthesis and presentation. ...Show more
Customers play an important part in any business. However, there have been developed methods of services provision where customers do not deal directly with their service providers. In such business interrelations, customers are required to act according to the regulations given by a service provider…
and in China. It employs 550 people and has projected earning of over $46 million. As a huge MNC, Riordan is exposed to numerous risks and legal liabilities in various forms. As part of its corporate compliance, it has to ensure that all the legal risks and liabilities are taken into cognizance and addressed in a preventive manner.
Firstly, a practice plan is needed to improve management oversight role for such a sensitive institution. In a well-implemented plan, managerial roles and service delivery can be projected to deliver impeccable results as opposed to an implementation arrangement without a particular plan.
At that point in time, the corporations name was altered to Riordan Manufacturing, Inc. it was 1993, the corporation extended within the manufacturing of plastic beverage containers whenever it purchased a production plant within Albany, GA. The corporation's most current extension occurred in 2000 when it initiated its workings within China.
While there are several channels through which infection may proliferate, for SSIs, the preliminary introduction of pathogens most commonly transpire during the surgical procedure performed at the Operating Theater (OT). Thus, it is imperative that a pragmatic approach be taken in the study of traits of the patient, operation, personnel and health care facility, which all pose some degree of risk to the development of SSIs (Center for Disease Control, 2002).
With business risk, there is the opportunity for gain as well as loss. Following SOCO, "All entities face uncertainty, and the challenge for management is to determine how much uncertainty to accept as it strives to grow stakeholder value" (2004, p. 1). This chance for gain, offset against the prospect of loss, energizes and excites many entrepreneurs.
As such, this plan shall serve as a benchmark for all efforts towards the organization’s business objectives.
Riordan manufacturing is committed to maintaining production standards and to conduct its business
In addition the company provides guidelines for employees to follow in the case of encountering potential ethics and compliance issues. The company outlines a series of steps to be followed in case of possible