Assessment topics
- Legislation and regulatory frameworks
- International business
- Trends
- Risks
Background to this assessment
Organisations that perform well in terms of legal compliance and social acceptability tend to be more effective in maintaining profitability over time. The reasons for this range from compliance with legislation and government policies, risk minimisation, knowledge of customer preferences, trends in supply chain management and moves by organisational managers to develop social licence across their supply chains. The companies that do not develop meaningful compliance, social licence and risk strategies will be left behind, and likely become unviable and unprofitable businesses.
Assessment Task instructions
Instructions:
Write a report for the management of one organisation that discusses the considerations that they must make across their international supply chain to develop and deploy legal and social compliance. These must be relevant to current legislation, industry trends and risk management, while setting up the organisation to remain profitable. You may use the same organisation from Assessment 1 if you wish.
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