Question: Please help, Regarding the task below: Relationship Between Ethical Behavior and Regulatory Compliance in Quality Management ( 1 0 Marks ) : Examine the relationship
Please help, Regarding the task below:
Relationship Between Ethical Behavior and Regulatory Compliance in Quality Management Marks:
Examine the relationship between ethical behaviour and regulatory compliance in the context of Steinhoff's accounting fraud. Discuss how ethical lapses can lead to regulatory failures and the consequences for quality management. and relate in the notes below please
Relationship Between Ethical Behavior and Regulatory Compliance in Quality Management Marks:
Examine the relationship between ethical behaviour and regulatory compliance in the context of Steinhoff's accounting fraud. Discuss how ethical lapses can lead to regulatory failures and the consequences for quality management.
Apply Globalization and Cultural Sensitivity: from titles: QUALITY ETHICS IN AN EVOLVING BUSINESS ENVIRONMENT
As businesses expand globally, they must adapt their quality management practices to different cultural norms and ethical standards. This requires a deep understanding of local customs and regulations to ensure that products and services meet global quality benchmarks while respecting local values.
Promoting quality ethics and ethical behaviour in a company involves several key strategies:
Establish a Code of Conduct: Clearly define what ethical behaviour and ways of working look like within the organization. This code should be communicated to all employees and integrated into the companys policies and procedures.
Lead by Example: Leadership should model ethical behaviour. When leaders demonstrate integrity and transparency, it sets a standard for the rest of the organisation.
Regulatory Compliance: A full understanding and application of the regulations specific to the industry that the company operates within, in order to ensure compliance.
Clearly Defined Quality Standards, Specifications and Procedures: This enables a proper understanding of the quality requirements, and eliminates ambiguities that could lead to mistranslation and unethical behaviour.
Risk Assessments and Governance Processes: Constant risk assessments or compliance audits to identify areas and processes that could provide an opportunity for unethical behaviour, and implementing the right governance processes to mitigate the risks.
Horizon Scanning: What is happening out there, and how do we need to respond? websites and sources, eg RASSF, ePing, EU CGCSA, media, etc
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