How can an organization evaluate its compliance with legal requirements?
What will be an ideal response?
Answers will vary. The assurance of compliance can best be done through a three-step process. The first step is to ensure that managers clearly understand the laws that govern every aspect of human resource management (HRM). Second, managers should rely on their own legal and human resource staff to answer questions and review procedures periodically. And third, organizations may also find it useful to engage occasionally in external legal audits of their HRM procedures. This audit might involve contracting with an outside law firm to review the organization's HRM systems and practices to ensure that they comply with all appropriate laws and regulations. See 2-4: Evaluating Legal Compliance
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The system of governing a company so that the interests of corporate owners and other stakeholders are protected is known as
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