Business Law and Risk Management Essentials Curriculum Outline
Business Law Basic Concepts
Overview/DescriptionHow does the law impact you in your day-to-day operations? Have you ever thought about the issue of legal accountability and how it will determine the decisions you have to make as a manager? Because youre a manager, youre in a position of leadership. In many cases, this means you bear the responsibility of protecting your employees, your organization, and yourself from legal issues. Through this course, youll be made aware of some of the most common business law issues that can impact you in your daily activities. These include the function of sales and contracts, managing intellectual property, dealing with employment issues, and understanding your role in protecting your organization from liability. Although you dont have to be a legal expert, ignorance of the law is no excuse. By informing yourself, you can protect yourself and those around you from damaging legal issues. The first step is becoming aware of basic concepts and areas of business law and how they apply to your work.
Target AudienceManagement-level learners who want to develop a better understanding of the legal obligations they have as employees of their organizations
Expected Duration (hours)1.0
Lesson Objectives Business Law Basic Concepts
Describe the nature and function of business law Recognize the value of learning the essentials of business law as a manager Classify manager responsibilities related to sales law and contract law Classify manager responsibilities related to employment law and intellectual property law Assess a business scenario in terms of the responsibilities of managers and implications for liability Course Number:
stgy_07_a01_bs_enus Back to ListBusiness Law and Ethics
Overview/DescriptionDealing with the balance of ethics and the law is a day-to-day challenge for many managers. While you might be inclined to act in ways that are legal in the technical sense, there is value also in recognizing the intent behind a law. Meeting the spirit of the law often comes down to acting in a way that is both legal and ethical. While law and ethics share a close relationship, the two are not the same. This course will clarify the relationship between ethics and law and explore how recognizing the ethics underlying the law can help you better manage legal issues you face in your duties. As a manager, understanding your responsibility to act ethically and legally is crucial in order to better protect your organization, your staff, and yourself.
Target AudienceManagement-level learners who want to develop a better understanding of the legal obligations they have as employees of their organization
Expected Duration (hours)1.0
Lesson Objectives Business Law and Ethics
Describe the convergence and divergence of law and ethics Recognize how laws and ethics function in a business environment Perform key steps in the process for making a decision that complies with the spirit of the law Recognize how managers can encourage fulfillment of the spirit of the law through a culture of ethics Course Number:
stgy_07_a02_bs_enus Back to ListBusiness Law and the Managers Responsibilities
Overview/DescriptionDo you know what your legal responsibilities are as a manager? Do you know that in certain circumstances you may be held personally responsible for the actions of others? How can you protect your organization and yourself when dealing with legal issues? As a manager, knowing the answers to these questions can help you make decisions that are better for you and your organization. It is essential that managers understand the principles of business law as they fulfill their responsibilities. This course will explore the impact and legal implications of your decisions at work. It will also outline your responsibility for the actions of your subordinates and familiarize you with basic legal issues, such as liability and whistleblowing. Finally, it will provide you with strategies you can use in your day-to-day responsibilities to help ensure that youre managing legally and safely.
Target AudienceManagement-level learners who want to develop a better understanding of the legal obligations they have as employees of their organizations
Expected Duration (hours)1.0
Lesson Objectives Business Law and the Managers Responsibilities
Recognize which elements of a corporate scenario justify piercing the corporate veil Recognize the importance of the corporate veil concept for the actions of individual managers and employees Recognize how to handle concerns and warnings appropriately Recognize the sensitivities in a communication scenario that could potentially lead to legal consequences Determine the managers responsibilities in terms of the implications of vicarious liability in a scenario Course Number:
stgy_07_a03_bs_enus Back to ListRisk Management: Identifying Risk
Overview/DescriptionRisk is the driving force behind every business venture, so its important to understand risk and plan for it. Even though the best leaders are accomplished decision-makers who know how to make tough choices on the fly, in todays business environment you must know how to proactively identify risk factors, and how to recognize when business ventures are at risk of becoming critical situations. This course examines the first stage of risk management - identification of risk factors. It also presents several risk identification techniques, including how to use root cause identification, the Delphi technique, and brainstorming sessions to identify risks.
Target AudienceDecision makers at all levels in an organization interested in learning about the issues relating to risk and risk management
Expected Duration (hours)1.0
Lesson Objectives Risk Management: Identifying Risk
Differentiate between internal and external risks Determine the most appropriate risk identification techniques to use for a given situation Recognize guidelines for conducting a brainstorming session to identify project risks Recognize actions you can take to overcome various challenges you may encounter when facilitating a brainstorming session to identify risks Conduct a brainstorming session to identify the risks of a project Course Number:
stgy_09_a01_bs_enus Back to ListRisk Management: Dealing with Risk
Overview/DescriptionThe most desirable objective of risk management is to eliminate risk uncertainty, whether for threats or opportunities. But what happens when thats not an option? Even the most thorough planning is subject to risk, and the best leaders are the ones who know how to respond effectively to risk, whether for a threat or an opportunity. This course examines the third stage of risk management – dealing with risk. It provides general strategies for dealing with risk, such as risk exposure adjustment and contingency planning. And it outlines strategies specific to dealing with threats and opportunities.
Target AudienceDecision makers at all levels in an organization interested in learning about the issues relating to risk and risk management
Expected Duration (hours)1.0
Lesson Objectives Risk Management: Dealing with Risk
Distinguish between the types of responses to threats Distinguish between the types of responses to opportunities Respond effectively to an opportunity Calculate the contingency reserve for a given set of risks Recognize examples of contingent response strategies Course Number:
stgy_09_a03_bs_enus Back to List
Business Law and Risk Management Essentials
This online course introduces managers to the essential concepts of business law and risk management.
It begins by making you aware of some of the most common business law issues that can have an impact on your daily activities.
The relationship between business law and ethics is explained and how managers serve as vital role models for demonstrating
ethical business practices. CBT Direct’s business law and risk management course also examines the difference stages of risk
management; Identifying Risk Factors and Dealing with Risk. You will be shown several risk identification techniques,
including how to use root cause identification, the Delphi technique, and brainstorming sessions. You will also learn
general strategies for dealing with risk, such as risk exposure adjustment and contingency planning.
Benefits of CBT Direct’s Online Business Law and Risk
Management Training
CBT Direct boasts the most beneficial online training on the market. With CBT Direct’s online training, you have the
flexibility to study on your schedule, and with the speed and reliability of the internet, CBT Direct’s business law and
risk management training course is accessible anywhere you have an internet connection. Convenience finally costs less
with CBT Direct - the most affordable online training solution today.
The unique design of CBT Direct’s business law and risk management course emphasizes learner initiative,
self-management and experiential learning. CBT Direct’s online course design begins with the definition of
user-focused performance objectives and then proceeds to the selection and implementation of instructional
strategies and learning activities appropriate for those objectives. This effective instruction model for
CBT Direct’s business law and risk management training course ensures the greatest level of comprehension
and retention.
Who Benefits from CBT Direct’s Online Business Law and Risk
Management Training?
Managers who desire an introduction to business law and risk management as it relates to their job responsibilities
and duties. An entrepreneur looking to gain a beginning knowledge of business law and risk management as it applies to their business.
What Professionals Will Learn from CBT Direct’s Business Law and Risk Management Training
With CBT Direct’s Business Law and Risk Management training, companies will recognize the benefits of management
having an accurate understanding of business law and risk management. Managers will recognize reasons why legal
misconceptions can have a negative impact on an organization's overall business goals.
This online business training will demonstrate the value of learning the essentials of business law as a manager,
as well as describing the nature and function of business law. This course will also classify a manager responsibilities
relating to sales law, contract law, employment law, and intellectual property law.
Click here to see a detailed curriculum outline.
Students will learn to recognize how laws and ethics function in a business environment, in addition to how managers can
encourage fulfillment of the spirit of the law through a culture of ethics, by performing key steps in the process of making
decisions that comply with the spirit of the law.
Managers will learn to recognize the importance of the corporate veil concept and which elements of a corporate scenario
justify piercing the corporate veil. This course will also examine handling concerns and warnings appropriately, as well as
the sensitivities in a communication scenario that could potentially lead to legal consequences.
Professionals will identify the differences between internal and external risks and determine the most appropriate risk
identification techniques to use for a given situation. You will learn to recognize the guidelines for conducting a
brainstorming session to identify project risks, in addition to actions you can take to overcome various challenges
you may encounter when facilitating a brainstorming session.
CBT Direct’s business training will show you how to distinguish the types of responses to opportunities and respond
effectively to an opportunity. This course will also teach you how to calculate the contingency reserve for a given set
of risks and to recognize examples of contingent response strategies.
Business Law and Risk Management Essentials
