BUSN 311 – Define the legal environment that is applicable to the business world

Subject: Business    / General Business
Question

Objectives:

CO1 Define the legal environment that is applicable to the business world.

CO2 Review basic business law concepts

CO4 Apply legal concepts to business to business scenarios

Prompt: During a campaign speech in 2012 President Obama stated “If you’ve got a business, you didn’t build that. Somebody else made that happen.” (Jacobson, 2012, Para. 4). You can watch the excerpt from the speech here: https://www.youtube.com/watch?v=YKjPI6no5ng In 250 words, is this an accurate statement? What is the government’s role in building businesses and creating jobs?

Incorporate the material from the required readings along with scholarly outside research. Citations for all material used should be in APA format. Please review the grading rubric that is posted in the lessons. Please also reply substantively to at least two classmates.

Instructions: Your initial reply to the forum question should be posted in the Forum section of the class no later than Wednesday. Your discussions with your classmates should be posted in the Forum throughout the week. You should engage in discussions with a minimum of two classmates. Replies to classmates must be substantive and add to the discussions.

Jacobson, L. (2012, July 18) In context: Obama’s ‘you didn’t build that’ comment. Politifact.com. Retrieved from http://www.politifact.com/truth-o-meter/article/2012/jul/18/context-obamas-you-didnt-build-comment/