To prepare for this assignment, review Chapter 9 in the course text, as well as the article on compliance program auditing by Usnick and Usnick (2013). In addition, read Chapter 10 in the course text. Review Table 10.3: Global Risks 2014, and select one of the risk areas: economic, environmental, geopolitical, societal, or technological.
For this assignment, imagine that you have been tasked with creating a proposal for the new CEO of your organization. You have been asked to create a proposal that establishes an ethics program, as well as develop a training plan, and develop a plan to conduct compliance auditing. Your proposal must include the following:
Describe an emerging global risk that is either economic, environmental, geopolitical, societal, or technological.
Identify all countries that might be associated with the risk.
Describe the effects of the risk on each country.
Evaluate the role of ethical decision-making in business organizations as the role pertains to your global risk.
Analyze the impact of business ethics on stakeholder relationships.
Analyze why it is necessary to create an ethics program, conduct training, and engage in compliance auditing.