Aims: To investigate the relationship between business and the societies within which they operate; exploring the relationships between corporate decision making and the economic, social, institutional and legal environment. To provide a framework within which students can explore the inter-relationships and interdependencies of core management disciplines. To investigate aspects of the European institutional and economic environment within which companies operate. The legal aspect of the unit aims to extend students' knowledge of the framework of commercial law and the fundamental legal concepts which affect businesses and individuals, their potential liabilities, and the ways in which they function.
Learning Outcomes:
The unit will provide students with a firm understanding of the European institutional and economic environment and the implications of the evolution of the European Union for UK firms. The legal aspects of this unit will equip students to understand the law relevant to contracts and torts, and the structure of the courts through which legal rights are enforced. Students will consider the liability of businesses and individuals in respect of negligence and other torts. They are given a standard set of contract terms and a business context which forms the basis of the coursework exercise and the examination.
Skills:
Students will further develop their analytical skills and ability to present and defend material through seminar based presentations and negotiations. For the law aspect of this course the student will be taught to use legal method in gathering legal material (statutes and caselaw), analysing materials for the legal principles, and then applying those principles in the practical context of a continuous case study. Lectures are supplemented by smaller group tutorials in order to assist students in acquiring the required skills.
Content:
Analysis of the economic, social and institutional framework within which firms compete in the European Union will draw on the body of knowledge assembled in the first semester. In this semester students will be introduced to the Single European Market and the EURO and will analyse the implications of these developments for corporate strategy within a culturally and institutionally diverse market.
The legal elements of the course develop knowledge of the framework for law and follows from the Business and Society 1 content. In this section contract law is reviewed and students cover non-contractual liability. The main content of this unit is tort law which is explained in a business context; specific torts are considered in detail, in particular negligence and breach of statutory duty, including the elements to be proved, the issues of causation, liability, defences and remedies.
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