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In the discussion include:
a. origin of each policy or standard, i.e. the history/motivating event.
b. formulating body & specific legislation or Code of Conduct
c. Structure: mandated, voluntary, externally motivated, other?
d. major stakeholders, such as federal agencies, lobbying agencies, or
industry associations
e. metrics applied to all companies in industry
f. penalties for non-compliance
g. general financial or operating impact
h. global regulations and implementation issues
Part 2
Evaluate the impact of the standards and regulations on the following two companies: McDonalds, Subway.
In the discussion include:
a. How has each company applied or responded to the regulation or standards?
b. Who are the key stakeholders each company has engaged with to implement
the regulation or standard? What stakeholder group(s) is the regulation or
standard intended to protect?
c. What metrics has each company plied? For Federal or State regulation, has
the company focused on compliance with the law, or modified the standard to
be more stringent?
d. What is the financial impact of each regulation or standard? Consider factors such as management staff, employee engagement company wide, risk management, legal expense, training, specialized testing, technology implementation, monitoring.
e. Has the company ever been cited for penalties for non-compliance?
f. What metrics has company applied internally and which has it modified?
g. What are global regulations and implementation issues?
h. Other relevant issues or findings?
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