Business: Its Legal, Ethical, and Global Environment, 12th Edition

Marianne M. Jennings

Copyright 2022
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Business: Its Legal, Ethical, and Global Environment 12th Edition by Marianne M. Jennings

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Overview

Challenge students to think analytically about today's legal and ethical issues with Jennings' BUSINESS: ITS LEGAL, ETHICAL, AND GLOBAL ENVIRONMENT, 12E. Current cases and examples highlight scenarios, such as the Houston Astros' cheating scandal, Led Zeppelin's decade-long copyright battle or liability issues for a college baseball player hit during a game. Compelling real-world applications highlight the importance of law and ethics in business today. Students review situations, such as accuracy and proof of claims in ad campaigns, as they apply concepts to more than 200 business situations headlining the news. This comprehensive approach with practical learning features heightens the reader's sense of ethics while challenging the student to consider legal or ethical questions impacting the daily workplace. This edition meets AACSB curricular and accrediting standards, making it valuable for future business managers. MindTap digital tools further prepare students for legal and ethical challenges.

Meet the Authors

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Marianne M. Jennings

Professor Marianne Jennings is an emeritus professor of legal and ethical studies in business from the W.P. Carey School of Business at Arizona State University (ASU). She was named professor of the year in the College of Business in 1981, 1987, 2000 and 2010 and was the recipient of a Burlington Northern teaching excellence award in 1985. She served as director of the Joan and David Lincoln Center for Applied Ethics at ASU from 1995-1999. From 2006-2007, she served as the faculty director for the M.B.A. Executive Program. She took emeritus status in 2015, but continues to teach graduate courses in business ethics and ethical culture at ASU and other colleges around the country. She is also an instructor and mentor for Wiley’s CPAExcel review course. Professor Jennings has authored hundreds of articles in academic, professional and trade journals. She was named one of the Top 100 Thought Leaders by Trust Across America in 2010. In 2012 she was named one of the 100 Most Influential People in Business Ethics by Ethisphere magazine. Her columns have been syndicated around the country, and her work has appeared in the Wall Street Journal, the Chicago Tribune, the New York Times, Washington Post and the Reader's Digest. She has been a commentator on business issues on All Things Considered for National Public Radio. She has appeared on CNBC, CBS This Morning, the Today Show and CBS Evening News. Professor Jennings earned her undergraduate degree in finance and her J. D. from Brigham Young University. She has done consulting work for law firms, government agencies, businesses and professional groups including Allstate, Amgen, AstraZeneca, Blue Cross Blue Shield, Boeing, Bristol-Myers Squibb, Coca-Cola, Department of Energy, Department of Interior, Dial Corporation, DuPont, IBM, Institute of Internal Auditors, Mattel, Motorola, Southern California Edison, Pfizer and Toyota.

What's New

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"ETHICAL ISSUES" REFLECT TODAY'S CHALLENGES AND DILEMMAS. Timely examples help students examine the ethical implications of actions before situations ripen into legal issues. Scenarios focus on contemporary situations, such as Baltimore's mayor exchanging sales of her self-published books to health care and nonprofit organizations in exchange for city grants and funding. Others require a stakeholder analysis of a critical social issue, such as the connection between New York City's no-bail releases and rising crime.
"E-COMMERCE & CYBERLAW" FEATURES FOCUS ON RELEVANT APPLICATIONS AND INSIGHTS FOR STUDENTS. Students examine online situations they face every day, such as the legal implications behind clicking to accept "I have read and understand these terms" messaging common on today's websites. Students also review issues, such as how Juul's failure to highlight its arbitration clause allowed its customers to pursue a class-action suit.
UPDATED "BIOGRAPHY" DISCUSSES LEGAL ACTIONS BY FAMILIAR ORGANIZATIONS AND THE IMPACT ON BUSINESS. These biographies capture students' attention with thought-provoking situations, such as Southwest Airline pilots and their third-party beneficiary suing Boeing for the 737MAX problems.
UPDATED "FOR THE MANAGER’S DESK" FEATURES HIGHLIGHT EXAMPLES OF CURRENT LEGAL BATTLES FROM A BUSINESS PERSPECTIVE. Students learn from recent examples, such as the WeWork IPO and how its filings with the SEC revealed accounting issues, conflicts of interest and a private jet for its CEO. Other scenarios focus on the Eagles’ lengthy battle with the Hotel California over use of its songs or Netflix's antitrust battle with the Academy of Motion Pictures concerning television movies competing for the Oscars.
UPDATED "CONSIDER…" FEATURES STRENGTHEN REASONING SKILLS WITH INTRIGUING CASES AND DILEMMAS. These features, which appear after cases or text examples, challenge students to solve the case themselves based on their understanding of principles. Often taken from real court cases, the features help students evaluate and analyze legal and ethical issues just discussed in the chapter as they resolve situations such as whether or not the great ice-cream licking scandal was a crime.

Features

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STUDENTS MASTER LEGAL AND ETHIC PRINCIPLES AS THEY VIEW CONCEPTS IN ACTION. This edition uses memorable examples to help students recall key concepts. For instance, the book uses situations, such as Kansas City Royals' mascot injuring a fan by hurling a hot dog into the stands, to question assumption of risk. The book questions if a Michigan traffic officer chalking tires for parking offenses is violating the Fourth Amendment, or if students forced to transfer after a college shuts down can recover damages or if Amazon is liable for defective products from Amazon vendors.
MINDTAP DIGITAL RESOURCES OFFER AN ONLINE, PERSONALIZED LEARNING EXPERIENCE. Built around proven, engaging content, MindTap combines learning tools -- such as readings, multimedia, activities, and assessments -- into a singular learning path that guides students through your course. You can personalize the experience by customizing both content and learning tools. MindTap enables you to add your own course content with apps that integrate into the MindTap framework and work seamlessly with your school’s learning management system.
ETHICS ARE INTEGRATED THROUGHOUT THE BOOK'S DISCUSSION. This edition challenges your students to develop their own ethical barometer as they apply personal values to real business situations. Rather than dictating a set of rules or theories, the text presents ethical dilemmas to breed moral courage and gumption in students -- helping them grow into savvy leaders who examine tough issues from every perspective.
EXCERPTED CASES OFFER THE MOST THOROUGH CASE TREATMENT AVAILABLE. Carefully selected, detailed case excerpts often provide both dissenting and concurring opinions. Each two- to four-page case includes a catchy, one-line synopsis of the legal and ethical issues presented, which helps students recall the case and its primary issues when needed, in class or on the job.
CALLOUT STUDY FEATURES BRING LAW, ETHICS, AND BUSINESS TOGETHER. "Business Strategy Tip" margin notes, "Business Strategy" boxes, "From the Manager’s Desk" readings and online exercises all offer insights into the strategic aspects of the law. Students apply the legal and ethical principles they’re learning to memorable challenges with actual companies.
END-OF-CHAPTER FEATURES INTRODUCE STUDENTS TO REAL ETHICAL OR LEGAL SITUATIONS. Students examine challenging situations from the viewpoint of the parties involved in the book’s biography. Thought-provoking essay questions in the special "…and the Law" feature center on economics, public policy, ethics or other areas of business interest, giving students practice contemplating actual issues of importance.
ETHICS ARE INTEGRATED THROUGHOUT THE BOOK'S DISCUSSION. This edition challenges your students to develop their own ethical barometer as they apply personal values to real business situations. Rather than dictating a set of rules or theories, the text presents ethical dilemmas to breed moral courage and gumption in students -- helping them grow into savvy leaders who examine tough issues from every perspective.

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Part I: BUSINESS: ITS LEGAL, ETHICAL, AND JUDICIAL ENVIRONMENT.
1. Introduction to Law.
2. Business Ethics and Social Responsibility.
3. The Judicial System.
4. Managing Disputes: Alternative Dispute Resolution and Litigation Strategies.
Part II: BUSINESS: ITS REGULATORY ENVIRONMENT.
5. Business and the Constitution.
6. Administrative Law.
7. International Law.
8. Business Crime.
9. Business Torts.
10. Environmental Regulation and Sustainability.
Part III: BUSINESS: SALES, CONTRACTS, AND COMPETITION.
11. Contracts and Sales: Introduction, Formation, and Consumer Protection.
12. Contracts and Sales: Performance, Remedies, and Collection.
13. Business Marketing and Products: Ads and Product Safety.
14. Business Competition: Antitrust Law.
15. Business and Intellectual Property Law.
Part IV: BUSINESS MANAGEMENT AND GOVERNANCE.
16. Management of Employee Conduct: Agency Law.
17. Governance and Structure: Forms of Doing Business.
18. Governance and Regulation: Securities Law.
19. Management of Employee Welfare.
20. Management: Employment Discrimination.
Appendix A: The United States Constitution.
Appendix B: The Foreign Corrupt Practices Act (Excerpts).
Appendix C: The Uniform Commercial Code (Excerpts).
Appendix D: Dodd-Frank (Wall Street Reform and Consumer Financial Protection Act) (Excerpts).
Appendix E: The Securities Act of 1933 and the Securities Exchange Act of 1934 (Excerpts).
Appendix F: Sarbanes-Oxley Key Provisions.
Appendix G: The Copyright Act (as Amended) (Excerpts).
Appendix H: Title VII and the Civil Rights Act (Employment Provisions) (Excerpts).
Appendix I: The Americans with Disabilities Act (Excerpts).