Liability of the Management – Instruction (Executive Version)
Über den Vortrag
Der Vortrag „Liability of the Management – Instruction (Executive Version)“ von Lecturio Online Courses ist Bestandteil des Kurses „Liability of the Management – Instruction (Executive Version)“.
Quiz zum Vortrag
What do you think: What is the greatest difficulty in setting up a compliance management system (CMS)? (Several answers are possible.)
- A comprehensive and honest assessment of the current situation must first be carried out to ensure that the CMS is tailored to the company and its employees and that it works.
- The CMS must be able to be integrated into daily business processes.
- The management has to carry out the set-up all by itself and also fulfil its usual duties.
- It must strike a balance between completeness and comprehensibility, as no one is helped if the list is complete but incomprehensible.
What responsibilities does the management have despite the existing CMS? (Several answers are possible.)
- Follow-up of suspected cases
- Clarification of facts
- Enabling the free development of the structures created.
- Delegate important decisions to employees.
You suggest to the Board that the current CMS needs to be revised. However, the majority is against it. What do you do? (Only one answer is correct.)
- You contact the Supervisory Board or the shareholders.
- You contact the police immediately. After all, this is an administrative offence.
- There is nothing you can do about it. In your company, the majority decision is decisive.
- You can conduct an internal investigation and find out why the others don't want to.
What can happen if a company does not have a compliance management system or does not update it, resulting in damage to the company? (Only one answer is correct.)
- The company can assert civil claims for damages against the management.
- The company must appoint a new Management Board.
- The management is automatically dismissed.
- The company receives a fine from the Supervisory Board.
What are the advantages of a well-organised compliance management system (CMS)? (Several answers are possible.)
- Risks can be recognised, assessed and managed at an early stage.
- You help to protect your employees and increase their loyalty and satisfaction through a strong corporate culture.
- The company is in a better position to recognise and exploit new business opportunities and overcome any obstacles that arise.
- Once set up, the CMS no longer requires any resources as it is self-supporting and self-managing.
- With an effective CMS, management can enforce risky business practices without incurring liability.
A new management colleague recently heard about D&O insurance for the first time and is totally enthusiastic: "Well, then nothing can go wrong with us, can it?" he says with a laugh, patting you on the back. But what should he know? (Only one answer is correct.)
- D&O insurance protects executives against personal liability, but it does not cover all types of breaches of duty.
- Some aspects are also excluded from the insurance policies so that a risk is not fully covered.
- D&O insurance is expensive and only worthwhile for large companies, not for smaller organisations.
- If you can live with the remaining risk of D&O insurance, you can do without a CMS.
Dozent des Vortrages Liability of the Management – Instruction (Executive Version)
Lecturio Online Courses
Lecturio provides sustainable, simple and cost-efficient continuing education and training to companies and private customers. The e-learning catalogue consists of more than 7000 video-based courses covering over 80 topics. The focus is on compliance, leadership, project management, distribution, and medicine. Most of private customers use Lecturio in parallel to their studies and to prepare for their exams in medicine and law. Lecturio provides practical video-based online training—in German and English. Thousands of quiz questions help to measure and assess the learning success. Lecturio courses are available on all devices—and even offline with the iOS and Android app. Lecturio’s mission is to help companies and private customers to develop their full potential.
Kundenrezensionen
5,0 von 5 Sternen
| 5 Sterne |
|
5 |
| 4 Sterne |
|
0 |
| 3 Sterne |
|
0 |
| 2 Sterne |
|
0 |
| 1 Stern |
|
0 |
