Riordan Manufacturing as a virtual learning organization

Riordan Manufacturing Virtual Organization

"Riordan Manufacturing is a global plastics manufacturer employing 550 people with estimated $46 Million in sales per year" ("Financial Forecasting Paper Riordan Manufacturing," Docshare: Social Document Sharing, 2011).

Riordan Manufacturing Virtual Organizations is an authentic company; namely, an international plastics manufacturing company. Riordan Manufacturing Virtual organization web-based businesses, schools, healthcare, and government organizations that promote authentic assessment by immersing students into problem-based learning environments. All Riodan Manufacturing Virtual organization students are required to have access to a work setting relevant to their studies, yet some students are challenged to write papers and answer questions with information that they cannot readily access, or that which is proprietary.

For instance, many adult students pursue an education to offer career opportunities in a new industry, but they may not have access to the new industry during their studies. Virtual Organizations provide one solution to this problem by giving students and faculty access to the details of a real-world work setting, even in a different industry. They also provide a relevant context for students to practice solving workplace problems.

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Virtual Organizations are distinct from simulations and case studies because they present students with a microcosm of the real world. Problem solving and appropriate execution, critical thinking alongside contemplation skills, and resourcefulness are the commonly employed, promotional skills offered through Virtual Organizations. Activities created in conjunction with Virtual Organizations can also foster highly specific skill sets, depending on what skills are relevant to the course.

Individually, students of Riordan Manufacturing Virtual Organization are required to maintain basic access to a work setting which is relevant to their studies. Though some students are challenged to write papers on promotional Virtual Organizations, as well as answer questions with information that they cannot access, or that which is proprietary to any degree which these students are transgressing, Virtual Organizations promote authentic assessment by immersing students into problem-based learning environments through realistic web-based businesses, schools, healthcare, and government organizations. Several adult students, in one instance, wish to pursue an education to offer career opportunities in a new industry.

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A new industry. Let us explore that for a moment. By all means, we can see that the technology of this two-decade period has advanced humanity well enough and far enough to merit such a scholarship, or so we will recognize it, that these may not be able to readily access this new industry during their studies. Riordan Manufacturing Virtual Organizations provide one solution to this problem. They cast both individual students, as well as faculty, access to the details of a real-world work setting. Regardless that it maintains a different industry, these providers also merit a relevant context for students to practice solving workplace problems.

Virtual Organizations maintain distinction from simulations and case studies purely due to the fact that they present students with a microcosm of reality, all the while that they also solve problems readily faced within this seemingly microcosm of virtual reality. These Virtual Organizations that these general skills continually promote through cyber-space are problem solving, critical thinking, as well as academic resources. All activities created in concurrence with readily displayed Virtual Organizations can also encourage highly specific skill sets, which may be readily contingent upon skills relevant to the course.

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Riordan Manufacturing Corporate Compliance Plan:

Several improprieties, fraudulent activities, and blatant scandals have been the fault of large corporations within this previous decade. Upon consideration, when we reassess names such as Sarbanes-Oxley Act (SOX) of 2002, formed when the large companies such as WorldCom, Adelphia, and -- likely the most ironclad media attention-getter -- Enron, right alongside several others that collapsed between 2001 and 2002. Congress passed the White-Collar Criminal Penalty Enhancement Act, or SOX (Sarbanes-Oxley Act), in 2002 (Patsuris, 8.26.2002):

With the avalanche of corporate accounting scandals that have rocked the markets recently, it's getting hard to keep track of them all -- but our Corporate Scandal Sheet does the job. Here we'll follow accounting imbroglios only -- avoiding insider-trading allegations like those plaguing ImClone, since chronicling every corporate transgression would be impractical -- and our timeline starts with the Enron debacle.

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The true irony, of course, is that these all took place by several corporations that attempted to fraudulently shift perceptions in a wide-open field, throughout the opening of the "Information Age." That entails a certain arrogance on behalf of these illegal corporate activities. Of course this was written during the heat of this corporate "snowball effect." Penelope Patsuris inventively graphed a scale to emphasize all the scandals occurring between June 2000, when Xerox "agreed to pay a $10 million and to restate its financials dating back to 1997" for "Falsifying financial results for five years, boosting income by $1.5 billion," and 2002. This editorial note found at the bottom of this report encapsulates her research:

Editor's Note: The Corporate Scandal Sheet ceased being updated as of September 2002.

This "Corporate Scandal Sheet" from Forbes.com (Patsuris, 8.26.2002) includes Michael Kopper, Stephen Cooper, Arthur Andersen and Kenneth Lay from Enron (November 2001), Global Crossing (February 2002), WorldCom (March 2002), Adelphia Communications (April 2002), CMS Energy (May 2002), Dynegy (May 2002), Reliant Energy (May 2002) El Paso (May 2002),

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How this relates to Riordan: Business Law, as according to Corporate Compliance Plan, an application of the Riordan Manufacturing Corporate Compliance Plan, the legal principle of business management, is well illustrated within Principles of Virtual Organizations: A Primer for Students and Faculty, from the University of Phoenix, a Riordan Corporate outlet.

From the "Distinct Form of Experiential Learning":

Virtual Organizations are realistic web-based businesses, schools, healthcare and government organizations that promote authentic assessment by immersing students into problem-based learning environments.

From the initial sentence in this "Primer for Students and Faculty," all bases are covered. This parallels the "Virtual Model" of all purposes and intents:

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All University of Phoenix students are required to have access to a work setting relevant to their studies, yet some students are challenged to write papers and answer questions with information that they do not have access to or that which is proprietary. For instance, many adult students pursue an education to offer career opportunities in a new industry, but they may not have access to the new industry during their studies. Virtual Organizations

provide one solution to this problem by giving students and faculty access to the details of a real-world work setting, even in a different industry.

Essentially, the same three concerns as illustrated by "PRINCIPLES OF Business Management" (MBA Notes, 3 Column Minima Template: 2010) are aesthetically illustrated. Riordan is more engaging, no doubt, but in any professional or legal setting, Riordan's display would be considered overly verbose, if not pretentious. On Riordan's defense, however, the "Information Age" and exposure of the internet and "internet world" is still considered formative, and therefore impressionable. Moreover, humans fear change; humans are reluctant to invest in change; without an assured example previously set, any investment can only be considered a gamble. This brilliantly worded "Principles of Virtual Organizations: A Primer for Students and Faculty" is necessary and engaging. In regard to the remainder of this engaging article, after the initial Purpose: Distinct Form of Experiential Learning comes Relevance: Four Dimensions of Virtual Organizations, next Design and Implementation, then Student Perspective, and next Faculty Perspective before the finishing Opportunity header in bold.

They also provide a relevant context for students to practice solving workplace problems. Virtual Organizations are distinct from simulations and case studies because they present students with a microcosm of the real world. The general skills fostered through

Virtual Organizations are problem solving, critical thinking and resourcefulness. Activities created in conjunction with Virtual

Organizations can also foster highly specific skill sets, depending on what skills are relevant to the course.

ADR: Riordan Alternative Dispute Resolution (ADR). The ADR concerns procedures of Arbitration, Mediation, and Conciliation (considerably, the External Dispute Resolution in Australia).

Enterprise and product liability: Riordan Manufacturing is a wholly owned subsidiary of Riordan. The main goal is to resolve conflicts between businesses.

Many specific laws and legal aspects to which Riordan Manufacturing must adhere depend upon the specific situation at hand, by which laws are violated or likewise in question, are the dependent variable here. When should one call in legal counsel? What rights employees have vs. The rights of the corporation? What about when actions are taken against Riordan Manufacturing? Many avenues make this concern seem quite tentative and seemingly malleable.

International law:

Riordan Alternative Dispute Resolution (ADR). The ADR concerns procedures of Arbitration, Mediation, and Conciliation (considerably, the External Dispute Resolution in Australia). -- This alternative used in Australia, it turns out, is not exclusive to Australia. Therefore, the only other difference within International Law (that has not been listed accordingly within the other paragraphs) would be exactly that: the External Dispute Resolution in Australia, as opposed to the ADR, does exist in other various countries alongside Australia. Riordan upholds other divisions for production within Albany, Georgia; Pontiac, Michigan; and Hangzhou, China. The China plant is of the most stringent within Riordan's awareness of international business law.

Tangible and intellectual property

Tangible and Intellectual Property Issues:

- Intellectual property laws are a tool for encouraging economic development through innovation and creativity. They are as much an economic instrument as a legal construct and as such their value rests in both their symbolism as well as the capacity and willingness of the state to support their enforceability;

- Proposals to amend intellectual property laws should be evaluated from first principles and not merely from an incremental economic perspective;

- Intellectual property laws should be evaluated in practical not theoretical frameworks taking into account both the direct and indirect (particularly incentive) effects of the laws;

- Protecting the value of intellectual property in a digital age requires legislative support for the technologies used to deliver that protection. The principles of copyright, including the right of broadcast, as developed in the past century need to be interpreted and applied to modern circumstances in order to continue to encourage intellectual economic innovation and activity;

- Intellectual property creators and consumers are not competitors - claims of advantage and disadvantage for either in the formation of intellectual property laws need to be tested and weighed by evaluation of the economic consequences at both a macro and micro level;

- The strength of a state's intellectual property laws is unmistakeably an indicator of the economic value ascribed by that state to creativity and innovation;

- An open, well regulated market is the best mechanism for delivering consumer benefit as economic entities with good information and the ability to obtain an economic return can respond to consumer demand with flexible, targeted products and services.

Outline prevention and management guidelines of the preceding aspects. Use previous individual assignments to bring insight to this project.

Create your plan as if you were distributing it to officers and directors.

Implement enterprise risk management based on Committee of Sponsoring Organizations of the Treadway Commission (COSO) recommendations, which might structure your plan. Incorporate key concepts from your readings as needed: The Committee of Sponsoring Organizations of the Treadway Commission (COSO) has released its Enterprise Risk Management-Integrated Framework. This entails all essential components, principles, and concepts of enterprise risk management for all organizations. The foundation of COSO's Internal Control-Integrated Framework-provides boards of directors and managements a map for identifying risks, seizing opportunities to grow stakeholder value, alongside a "how to" on avoiding pitfalls within this principles-based framework. The principles-based framework-built on the foundation of COSO's Internal Control-Integrated Framework-provides boards of directors and managements a map for identifying risks, avoiding pitfalls, and seizing opportunities to grow stakeholder value.

Format your plan consistent with APA guidelines: the "Works Cited" page has been removed. MLA uses "works cited," or a Bibliography, whereas APA requires all citations to be implemented throughout the text.