A Comprehensive Analysis of Compliance Management Practices in a Retail Chain
Keywords:
Compliance Management, Retail Sector, Regulatory Requirements, Internal Policies, Industry Standards, Operational ExcellenceAbstract
This study conducts a comprehensive analysis of compliance management practices within the retail sector. The research aims to assess the effectiveness and efficiency of adherence to regulatory requirements, internal policies, and industry standards to ensure operational excellence and mitigate risks. Utilizing a mixed-methods approach, the study gathers data through structured interviews with key management personnel, surveys administered to employees, and a thorough review of company documents and compliance records. Additionally, the study benchmarks compliance practices against industry standards to identify best practices and areas for improvement. The findings offer valuable insights into the current state of compliance management in the retail sector and provide actionable recommendations to enhance compliance frameworks within organizations.
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