Legal and Ethical Environment of Business

This explores the legal principles, ethical standards, and regulatory frameworks that influence business operations and decision-making. This course covers key topics such as contracts, torts, employment law, intellectual property, corporate governance, and the role of ethics in business practice. Students will learn how to identify and navigate legal risks, comply with regulations, and address ethical dilemmas in the business environment. The course emphasizes the importance of ethical leadership and responsible business practices in fostering sustainable and legally compliant organizations.

Upon successful completion of this course, students will be able to:

• Understanding the Legal Framework of Business: Students will gain a comprehensive understanding of the legal principles and regulations that govern business operations, including contracts, torts, and employment law.
• Identifying and Managing Legal Risks: Learn how to identify legal risks in various aspects of business operations, including intellectual property, corporate governance, and regulatory compliance, and develop strategies to mitigate these risks.
• Exploring Ethical Issues in Business: Develop the ability to recognize and analyze ethical dilemmas in business, including issues related to corporate social responsibility, employee relations, and environmental sustainability.
• Applying Legal and Ethical Decision-Making: Gain skills in applying legal and ethical decision-making frameworks to real-world business situations, ensuring that business practices align with both legal standards and ethical principles.

These outcomes aim to prepare students for roles in business management, compliance, and corporate governance by equipping them with the knowledge and skills to navigate the legal and ethical challenges that businesses face in today’s complex environment.