Discussion Questions

Feb 3rd, 2012
Studypool Tutor
University of Phoenix
Course: Nursing and Health
Price: $10 USD

Tutor description

I need a 100-125 word response with reference for each question. Question 1: What enterprise risk would the company be subject to if the business did not properly assess safety and security risks? Question 2: How are ethics and safety related in organizations? If an organization does not seem to care about safety, do we assume correctly they are also unethical?

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Week 02 Question 04DiscussionsPrepared By:Submitted To:Course Title:University:October 10, 2014Answer to Discussion Question # 01A company's compliance program helps reduce liability risks. Complying with ethical sales standards prevent the sales representative from misrepresenting the products and in the event of non-compliance, consequences exist. A team established to monitor compliance could prevent costly liability issues. When leasing new equipment proper training and ensuring the employees have the necessary resources prior to putting the new equipment in the production environment could prevent unfortunate misunderstandings between the lessee and lessor. Training also establishes an understanding of the procedures, and purpose of policies, and a commitment to adhere to procedures and policies. Both companies involved in the product liability scenario could benefit from additional employee training. Establishing an organization's culture correctly could have a positive effect on the implementation of an ERM program. The effectiveness of the program largely depends on the quality of the communication within the company. An effective program implemented through effective communication among all levels of the company's structure will reduce liability risks from both the plaintiff's and defendant's perspectives. References: Cheeseman, H.R. (2010). Business law: Legal environment, online commerce, business ethics, and international issues (7th ed.). U

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