Law for Global Business MIBA-471 3 Credit Hours
The course focuses on two major constraints on business decision making in a global environment: law and ethics. Business people have a tendency to have more interaction with legal regulation, lawyers, and litigation than those outside of the business world. Thus, a fundamental premise underlying this course is that greater awareness of international legal issues and how the law resolves disputes will help managers navigate the global environment more effectively. Knowledge of how judges, lawyers, and regulators within the legal system reason and communicate should enable managers to better understand legal developments as well as communicate more effectively with their lawyers. However, despite its fundamental importance in the global environment, law is not the only constraint on business decision making. Each year newspapers and news broadcasts are full of examples of corporate and individual actions that, while perhaps legal at the time, led to public humiliation and, in extreme cases, greater governmental regulation..