The automotive industry is the world’s largest economic sector by revenue. And the uncertainty and risk in this global industry are never-ending. It faces uncertain times as the specter of a trade war between countries crucial to the global car market looms. Recent developments in the automotive industry such as the maturation of the sharing economy, the advent of connected cars, artificial intelligence, and automation in manufacturing and driving are fostering an evolution.
However, the automotive industry is possibly one of the very few industries that are thriving during the COVID-19 pandemic. The Guardian “UK car dealer sales rise as Covid drives people from public transport” reported a jump in new and used vehicle sales in July as buyers rushed to secure alternatives to public transport following the easing of the UK’s coronavirus lockdowns.
From Risk Management, Employee Background Screening,
CASE STUDY
Ethics, compliance & Rolls-Royce
This report analyses the performance of Rolls-Royce in terms of anti-bribery and anti-corruption policies within the scope of the ISO 37001 provisions. This organisation has been involved in several large-scale investigations in recent years, which makes it especially interesting to explore how it has changed its policies in this sphere to address the identified deficiencies.
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