LEGL 616 Managing Within the Legal, Ethical, and Governmental Environment (4)

The course examines the impact of the diverse legal, ethical, political, and social forces on domestic and global business operations. Students will explore the historical, cultural, political, philosophical, and religious foundations of the legal and social systems as they relate to the ethical and profit dimensions of the economic complex. Honing critical thinking skills is accomplished through analysis of the above in relation to policy and implementation procedures inherent to the international and domestic markets. Key to the process is management’s understanding of how the legal and regulatory environment impacts most business issues such as employment, competition, and transaction enforcement. Emphasis also is directed to formulating, negotiating, and implementing the business agreement; evaluating the various forms of business ownership; anticipating, neutralizing, and defending against liability; and successfully functioning within the environment of opportunity and constraint.

Student Learning Outcomes

Demonstrate the vital role that law plays in both domestic and international business.
Explain the rules of business formation and securities regulation.
Identify and apply the basics of tort and contract law.
Illustrate the risks of unethical behavior, and the importance of corporate social responsibility.