Riordan Manufacturing is a Fortune 1000 company that specializes in the plastic injection molding industry. They are an international company with facilities in California‚ Georgia‚ Michigan‚ and China. Their products include beverage containers‚ plastic fan parts‚ and custom plastic parts. Riordan prides themselves on their industry leading research and development (University of Phoenix‚ 2009). The following Enterprise Risk Management (ERM) plan was developed for Riordan Industries‚ Inc. and
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Corporate Compliance Plan for Riordan Manufacturing University of Phoenix Riordan Manufacturing is a profitable plastics manufacturer with annual earnings of $46 million. The company is wholly owned by Riordan Industries‚ a Fortune 1000 company with revenues over $1 billion. The following are some of the products produced by Riordan Industries: plastic bottles‚ fans‚ heart valves‚ medial stents‚ and custom plastic parts (Virtual Organization‚ 2009). This compliance plan will state the company’s
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Akash Laundry History Akash Cleaners Pvt. Ltd.‚ Set up in 1995‚ expanded and diversified with Akash Dry Cleaners three years later. Which meant institutional laundry broadened to bring in retail laundry too under its purview. Dependability in quality and service became the focus very soon. Akash attained Nuero Uno status. The stage was set for a new challenge. It was observed that hotel and catering‚ airlines‚ railways‚ hospitals‚ garment and fashion houses‚ corporate houses and private laundries
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ENGG1100 Introduction to Engineering Design Introduction to Engineering Drawing Professor Yunhui Liu Dept. of Mechanical and Automation Engineering Spring‚ 2014 MAE Dept.‚ The Chinese University of Hong Kong 1 What is Engineering Drawing? An engineering drawing is a type of technical drawing used to fully and clearly define requirements for engineered items (from en.wikipedia.org) • a formal and precise way (graphic language) for communicating information about the shape
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Springer 2010 Fair Trade and the Depersonalization of Ethics ´ˆ Jerome Ballet ´ Aurelie Carimentrand ABSTRACT. Fair Trade has changed considerably since its early days. In this article‚ we argue that these changes have led to a depersonalization of ethics‚ thus raising serious questions about the future of Fair Trade. In particular‚ the depersonalization of ethics which is seen to accompany the current changes has led to greater variety in the interpretations of Fair Trade. Hiding these divergences
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What is hydrocarbon? A compound of hydrogen and carbon‚ such as any of those that are the chief components of petroleum and natural gas OR Organic compound (such as benzene‚ methane‚ paraffin) made of two elements carbon and hydrogen and found in coal‚ crude oil‚ natural gas‚ and plant life. Hydrocarbons are used as fuels solvents‚ and as raw materials for numerous products such as dyes‚ pesticides‚ and plastics; petroleum is a mixture of several hydrocarbons
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In the finding of the liquidity‚ profitability and the solvency ratios regarding the Riordan Manufacturing Inc‚ it has revealed that the company is able to pay its debts to the creditors and investors. The liquidity ratio is good for our investors‚ creditors and bankers so that they can see that we can pay off our debts. With the profitability ratio‚ it comes in handy for the company when trying to find out if we have made any profit for the year or it we have lost money. With using the profitability
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Implement Quality Improvement at Riordan Manufacturing Continual improvements are essential for businesses to attain a competitive advantage in their industry and remain profitable. Riordan Manufacturing must apply Total Quality Management (TQM) to their organizational processes to eliminate waste‚ reduce costs‚ increase productivity‚ and focus on customer satisfaction. This paper identifies an improvement plan by outlining the steps of Riordan Manufacturing’s developed quality management process
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Fair Trade Versus Free Trade Cohort 4 believes that fair trade is the most prosperous way to trade with other countries. Both free trade and fair trade have advantages and disadvantages. The researchers in Cohort 4 have established a viewpoint regarding fair trade and free trade. Considering the research that the cohort has conducted‚ they are in opposition to free trade. The terms free and fair trade sometimes go hand-in-hand but there are distinct differences between the two. According to Wikipedia
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Life Off-Line When my family’s Internet provider had some mechanical problems that interrupted our service for a week‚ my parents‚ my sister‚ and I thought we would never make it‚ Getting through long evenings without streaming movies‚ emails‚ twitter updates‚ and internet searches seemed impossible‚ We soon realized‚ though‚ that living off-line for a while was a stroke of good fortune. It became easy for each of us to enjoy some activities alone‚ to complete some postponed chores‚ and to spend
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