Event Management; Legal and Ethical Responsibilites with...

Event Manager; legal and ethical responsibilities with respect to risk management The theme Ethics and Risk Management signifies that each of these two disciplines—risk management and ethics—depends on the other. Good risk management requires good ethics; and good ethics requires good risk management. This implies that, from a positive perspective: †¢ First, for an organization/company to manage its risks well, everyone who represents that organization/company must practice good ethics. †¢ Second, for an organization/company to act ethically, everyone who represents that organization/company must manage risk well. And, conversely, from a negative perspective: †¢ First, an organization/company that permits or encourages unethical†¦show more content†¦Employees of a company are very important and it is the employer’s ethical responsibility to take care of their health and safety. For any given risk, event management can choose to accept the risk based on the relatively low value of the asset, the relatively low frequency of occurrence, and the relatively low impact on the business. Conversely, management may choose to mitigate the risk by selecting and implementing appropriate control measures to reduce the risk (risk management). In some cases, the risk can be transferred to another business by buying insurance or out-sourcing to another business. Laws govern every facet of our lives. Employers have specific legal responsibilities that regulate their particular profession. Adhering to legal regulations is vital for the health, safety and well being of all employees, and the protection of the employer. Legal and ethical responsibilities in Switzerland always include the safety of people. There are many laws here to protect the employer and the employees. To organize an event, one has to get all the required licenses and permits, without which the police will shut it down. But it is also the event management’s responsibility to ensure that everybody is following safety guidelines and that the event flows smoothly. The most important is that no harm occurs to individuals. The facility owners: Facility owners’ ethicalShow MoreRelatedPhilip Morris Essay13858 Words   |  56 PagesPhilip Morris USA Inc. will be determined and it will be revealed which roles the different stakeholders play for the organization. Second, Carroll’s pyramid of CSR will be used to analyze how Philip Morris USA Inc. is fulfilling the economic-, legal-, ethical-, and philanthropic responsibilities. And finally, the issue concerning the tobacco industry dealing with CSR activities will be discussed. The analysis is made from an overall social constructivist point of view as it is essential to understand