Legal and Ethical Environment

Course Code
BL 557

Hours
1.5 hours
Type
Core
Offered
Prerequisites
MM (Master of Management)

Legal and Ethical Environment of Business --- This course focuses on the role of law in positive leadership and organizational success. The course has two main goals: (1) to develop legally and ethically savvy leaders who are able to achieve career success by understanding the legal aspects of their business responsibilities and (2) to show how organizations can achieve competitive advantage by reducing legal risk and using the law to create economic value, while also encouraging responsible conduct. More specifically, the course offers an examination of legal and ethical issues that every businessperson should understand to make sound business decisions in a global environment. It provides an overview of the legal system, the nature and uses of law, ethical decision-making frameworks, contract law, torts and the law of product liability, criminal law, the regulatory environment, intellectual property, and employment law.