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Legal and Business Risk Management (5 cr)

Code: YH00BX65-3001

General information


Enrollment

06.02.2023 - 12.02.2023

Timing

13.02.2023 - 26.05.2023

Number of ECTS credits allocated

5 op

Mode of delivery

Face-to-face

Unit

School of Business

Campus

Main Campus

Teaching languages

  • English

Seats

0 - 50

Teachers

  • Blair Baldwin

Groups

  • HBI20S1
    Bachelor's Degree Programme in International Business
  • HTL20S1
    Liiketalous
  • HTL21S1
    Liiketalouden tutkinto-ohjelma (AMK)
  • TLP23VK
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies
  • YBB23VKN
    Master’s Degree in International Business Management, EM Normandie, (Master’s)
  • HTG21S1
    Bachelor's Degree Programme in Business Information Technology
  • HTG23VK
    Bachelor's Degree Programme in Business Information Technology, vaihto-opiskelu/Exchange studies
  • MTM21S1
    Bachelor's Degree Programme in Tourism Management
  • TLP22VS
    Bachelor's Degree Programme in Purchasing and Logistics Engineering (AMK) vaihto-opiskelu/Exchange studies
  • HBI21S1
    Degree Programme in International Business
  • HTG20S1
    Bachelor's Degree Programme in Business Information Technology
  • MTM20S1
    Bachelor's Degree Programme in Tourism Management
  • MTM23VK
    Bachelor's Degree Programme in Tourism Management,vaihto-opiskelu/Exchange studies
  • HBI23VK
    Bachelor's Degree Programme in International Business, vaihto-opiskelu/Exchange studies
  • YBB23VK
    Master's Degree Programme in International Business, vaihto-opiskelu/Exchange studies

Objective

This course offers the students the opportunity to learn the importance of risks through the lens of business risks and legal risks. A basic understanding of the law of torts and contracts will assist students to recognize legal risks and develop legal strategies to address these legal risks. A basic understanding of the categories of business risks facing organizations will assist students to asses these risks in each area and develop business stratgies to address these legal risks.

Content

There will be overview of risk management for both risks that are classified as having legal consequences and those that are classified as having business consequences. Legal risks will examine the fundamentals of tort law, contract law and special types of contracts commonly encountered in business organizations anywhere. Business risks will examine the major areas of business including an examination of management, marketing, human resource, technology and financial risks.

Location and time

Winter 2023 - see Peppi for class times and locations

Oppimateriaali ja suositeltava kirjallisuus

Lecture slides will be the starting point to learn the subject matter of the course.

Optional Text: Canadian Business Law: A British Columbia Perspective, Thornicroft, Alexander & Papadeas, Emond Publishing. | ISBN: 978-1-77255-789-3

Teaching methods

Face to face in classroom only.

This course offers the students the opportunity to learn the importance of risks through the lens of business risks and legal risks. A basic understanding of the law of torts and contracts will assist students to recognize legal risks and develop legal strategies to address these legal risks. A basic understanding of the categories of business risks facing organizations will assist students to assess these risks in each area and develop business strategies to address these legal risks.

The course methodology uses teams of 2-3 to learn the course together. Teams will learn to write short business briefs and short legal briefs which they shall use to conduct live debates on business and legal issues in class and be judged by your colleagues.

The course is meant to develop critical thinking and communications skills in a fun atmosphere that encourages debate. In fact, the course could even be called "The Debaters!"

I look forward to presenting the course to you.

Dr. Blair Baldwin, Visiting Professor, Okanagan School of Business, Kelowna, British Columbia, Canada.

Employer connections

This course will enhance your critical thinking, your written and your oral communications and your ability to work effectively and efficiently in teams.

Exam schedules

Two tests - one in middle and one at end of term

Vaihtoehtoiset suoritustavat

This course can only be completed face to face.

Student workload

You will be required to invest 135 hours in this course and the allocation of time is as follows:

Lectures: 30 hours
Reading and Understanding Course slide decks: 30 hours
Preparation of Risk Management briefs: 30 hours
Preparation for Risk management debates: 30 hours
Preparation for Exams: 15 hours

Further information

Test #1 - Individual (date as per course schedule on Moodle) 20%
Test #2 – Individual (date as per course schedule on Moodle) 20%
Term Work - Team – 6 Case Briefs (dates as per course schedule on Moodle) 30%
Term Work - Individual – 6 Oral Debates (dates as per course schedule on Moodle) 30%
Total 100%

Evaluation scale

0-5

Arviointikriteerit, tyydyttävä (1-2)

Poor 0
Knowledge and Understanding: The student is unable to demonstrate the basic theoretical and conceptual knowledge. Central concepts of business and risk management are not understood.
Transferable skills: None. The student in incapable of understanding the basic theory behind business and risk management and has no ability to present is unable to present in writing or orally.

Inadequate 1
Knowledge and Understanding: The student is able to demonstrate a superficial understanding of theoretical knowledge. The comprehension of central concepts of the course remain vague or are largely incomplete. The ability to apply the concepts of risk managment are limited in scope and content.
Transferable skills: Negligible. The student is unable to apply the central concepts of risk management to an applied business scenario; and the student has very limited abilities to communicate in English both orally and in written format.

Satisfactory 2
Knowledge and Understanding: The student is able to demonstrate a basic theoretical and conceptual knowledge of risk management. The majority of the central concepts of risk management can be defined and the student has a rudimentary ability to apply these concepts to businesses.
Transferable skills: The student understands the basic theory and possesses a limited ability to apply the concepts in a practical manner. The student is able to communicate in English both in oral and written format and is able to prepare and present reports with a significant amount of direction.

Arviointikriteerit, hyvä (3-4)

Good 3
Knowledge and Understanding: The student knows the basic theoretical and conceptual knowledge of risk management. Central concepts have been defined with clarity and accuracy. The student displays a fairly good command of the subject area and is able to demonstrate basic applications to business.
Transferable skills: The student can explain the theory of risk management and with assistance, can apply the theory to business orgnaizations. The student is able to communicate in English both in oral and written format and is able to prepare and present reports with limited amount of direction.

Very Good 4
Knowledge and Understanding: The student demonstrates a thorough and consistent theoretical and conceptual knowledge of risk management. Central concepts are defined with clarity, accuracy and logic. The student is able to demonstrate complete applications to business.
Transferable skills: The student can explain theories of risk management and with some assistance, can apply the theory to business organizations. The student possesses good skills in communicating effectively in English both in oral and written format and is able to prepare and present reports at a high level of proficiency.

Assessment criteria, excellent (5)

Knowledge and Understanding: The student demonstrates an exceptional theoretical and conceptual knowledge of risk management. Central concepts are defined with clarity, accuracy, logical and persuasiveness and as well contain innovative content. The student displays a command of the subject area that befits a professional practicing in business.
Transferable skills: The student possesses advanced knowledge in risk management and can communicate in a superior manner in English both in oral and written format and is able to prepare reports and present reports at a level of proficiency matching a business professional.

Further information

This course is only offered face to face and requires consistent regular attendance due to the nature of the in-class active learning. The use of business and legal briefs is conducive to improved critical thinking and written communications. The use of live debates enhances oral communications, creativity in speaking and exchange of different opinions in a lively pleasureful manner. The use of teams allows for improved collaboration amonsgt young business professionals.