Course Descriptions

Course catalog descriptions for courses offered in all currently published terms.

Law, History, Communication

Department Chairperson: Oswald, Lynda
Department Website: http://www.bus.umich.edu/Academics/Departments/LHC/
 
 
LHC 250 Introduction to Business Communication
  1.5 hours Core Terms Offered: W14
   
  Introduction to Business Communication --- This course presents frameworks for writing documents, managing email, and preparing presentations. Cases and exercises emphasize informative communication and strategies for collaboration. Methods for organizing ideas, analyzing data, formatting information, understanding audience needs, and developing a professional communication style are covered.
 
 
LHC 304 Global Legal Environment for the Entrepreneur and Manager
  3 hours Terms Offered: W14(B)
   
  Global Legal Environment for the Entrepreneur and Manager --- This course offers an examination of various legal issues every entrepreneur and manager should understand to make good business decisions in a global environment. This course will address legal concerns that arise from global supply chain issues, selling your product and developing new markets abroad, negotiating and contracting with cross-border vendors and customers, and protecting your intelledtual propery internationally. This course will also assist you in your ability to work with legal counsel.
 
 
LHC 306 Legal Aspects of Management and Finance
  3 hours Core Terms Offered: W14
  Advisory Prerequisites: JR > 
   
  Legal Aspects of Management and Finance --- A study of the legal aspects of organizing, financing, and operating a business enterprise, with emphasis on the law of agency, partnerships, corporations, secured credit financing, and managing a workforce. The course includes coverage of business ethics and corporate social responsibilities. It also examines securities law (including securities fraud and insider trading) and the law of mergers and acquisitions. Cases are used to illustrate the application of legal principles to actual business problems.
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LHC 311 Cross Cultural Negotiation and Dispute Resolution
  3 hours Terms Offered: W14(B)
  Course Prerequisites: No credit in LHC 310 
   
  Cross-cultural Negotiation and Dispute Resolution --- The ability to negotiate effectively is essential to business success, especially in a global economy. This course emphasizes negotiation strategies and skills that enable managers, functional specialists (for example, in finance, marketing and accounting), consultants, entrepreneurs and others to create and claim value in a manner that enhances long-term business relationships. Among the specific topics in the course are legal and ethical frameworks for negotiation, psychological tools that enhance negotiation effectiveness, and negotiations strategies for dispute resolution (including the use of third party processes such as mediation and arbitration in resolving business disputes). Because the course is offered in an international setting, special emphasis is placed on cross-cultural negotiation and dispute resolution. Included in this cross-cultural experience are: (1) negotiations with local students; (2) feedback provided from and given to your negotiating counterparts regarding your negotiation strategy and tactics; (3) interviews of locals and using a cross-cultural assessment tool, and (4) sessions with local managers, entrepreneurs and government officials.
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LHC 399 Independent Study Project
  1 - 3 hours Elective Terms Offered: S14, F14, W14, M14
  Advisory Prerequisites: JR.STD. 
   
  Independent Study Project --- Independent study projects, supervised by faculty, are available to juniors and seniors in good academic standing. To select a study project, students should consult the appropriate professor about the nature of the project and the number of the credit hours the work would earn. One to three credit hours may be earned. Junior and senior BBAs may elect only one independent study project in a term, and no more than three during the BBA program. No more than seven credit hours from study projects may be counted toward the BBA degree. To register for a project students must submit an approved Independent Study Project application, available online.
 
 
LHC 482 Real Estate Law
  3 hours Elective Terms Offered: W14
  Advisory Prerequisites: NO J.D STU. 
   
  Real Estate Law --- LAW- The legal distinction between real and personal property; the importance of fixtures in real estate acquisition and development; the nature and use of air, water and mineral rights; the role of easements in real estate developments; the types of ownership (general forms such as joint ownership, condominiums, and timeshare and investment forms such as limited partnerships, LLCs, and real estate investment trusts); contractual arrangements with real estate brokers; anti discrimination laws; real estate contracts; proof of title and the role of title companies; legal aspects of financing mortgages, and land contracts, mechanics liens and closings; and acquisition through leases. This course is offered as a BBA elective and does not satisfy the BBA law requirement.
 
 
LHC 488 Business and the Public Policy Process
  3 hours Elective Terms Offered: W14(B)
   
  Business and the Public Policy Process --- Registration for LHC 488 is by application only. For more information about this course and the application process, please visit the BBA Washington Campus website at: http://www2.bus.umich.edu/MyiMpact/academics/washington-campus/bba
This course is designed to provide students with the tools needed to incorporate the public policy dimension into managerial decision making and strategic planning. The course focuses on Congress and the legislative process, the structure of the federal courts, the impact of judicial decision making on business, the federal regulatory process, the organization of the White House, the role of lobbyists and interest groups, and the role of the media in the public policy process. The course is taught in Washington, DC.
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LHC 507 Law of Finance and Banking
  1.5 hours Elective Terms Offered: W14(B)
  Advisory Prerequisites: No JDs or JD students may enroll 
   
  Law of Finance and Banking --- This course focuses on the legal rules involved in short-term financing, with emphasis on three major types--accounts receivable financing, commercial paper (negotiable instruments), and secured transactions. Brief coverage is given to bank processing of commercial paper, and to debtor bankruptcy. Since many transactions involve more than one U.S. state or more than one nation, the first session covers the rules for determining where one can be sued and which State's or Nation's laws apply. One of the major commercial paper cases also illustrates how these "conflict of laws" rules work in that specific context.
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LHC 508 Securities Law
  1.5 hours Elective Terms Offered: W14(B)
  Advisory Prerequisites: No JDs or JD students may enroll 
   
  Securities Law --- This course studies the basics of securities law as it relates to investment bankers, investment analysts, accountants, finance staff at issuers and others involved in issuing, trading, valuing and communicating about securities.

Major topics include:
- regulators, courts, litigation, and resolution of securities issues
- registration of securities, including IPOs and private company trading markets
- exemptions from registration
- communications- including Regulation Fair Disclosure and increased web use for ongoing disclosures
- securities fraud- including the types of claims brought against companies, accountants, rating agencies, and analysts for communications about companies financial statements, products, and valuations
- proxy and governance regulation - including say-on-pay, director elections and social policy issues
- securities regulation of mergers and acquisitions-? application of U.S. securities law to foreign companies
- insider trading (as applied to investment bankers, hedge fund employees, accountants, etc. as well as to company management)
- short swing trading

The course will focus heavily on the application of the law in actual and hypothetical situations.
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LHC 509 Intellectual Property Law
  2.25 hours Elective Terms Offered: W14(A)
  Advisory Prerequisites: No JDs or JD students may enroll 
   
  Intellectual Property Law --- An introduction to legal options available to protect intellectual property, including international aspects of intellectual property law. Topics covered include: patent law (including general policies and procedures, application processes, infringement and remedies, and international patent protections issues); trade secrets (including the Uniform Trade Secrets Act, protective measures, and international issues); copyright law (including ownership and acquisition, infringement and remedies, technology issues, and international copyright protection issues); and trademark law including general principles, federal procedures, infringement, dilution, remedies, and international aspects of trademark protection.
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LHC 514 Employment Law for Managers
  1.5 hours Elective Terms Offered: W14(B)
  Advisory Prerequisites: No JDs or JD students may enroll 
   
  Employment Law for Managers --- LAW- This course focuses on creating
frameworks for assessing the legal issues in common managerial situations. We will discuss practical implications for managerial responsibilities such as hiring, firing and giving performance reviews as well as common workplace issues like harassment and discrimination. The goal of this course is to engage you to better evaluate future employment issues and be a more effective manager.

This course is targeted toward anyone who expects to manage or supervise
others, whether directly or indirectly, in large or small organizations. The focus is on the standards governing workplace conduct so managers understand their own rights as well as the rights of those who work for them. It will be useful for students who intend to run their own business, aspire to be a manager, work in human resources, or need to understand employment issues as a consultant. Major topics include: employee / employer relationships; hiring, firing, and evaluating employees; employee privacy rights; employee benefits; labor unions and the rights of non-unionized workers; discrimination, such as race, disability, and gender discrimination, and the potential liability of companies, managers, and individuals employees in those situations.

The class will focus heavily on the application of the law in actual and
hypothetical situations. As a result, many of the class discussions will concentrate on course opinions and litigated situations.
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LHC 515 International Business Law
  1.5 hours Elective Terms Offered: W14(B)
  Advisory Prerequisites: No JDs or JD students may enroll 
   
  International Business Law --- This course examines the legal implications of and limitations on global business operations. Primary attention is given to three major areas--sources and application of legal rules for doing international business; formation and performance of international commercial agreements; and governmental taxation and regulation of international business transactions. Since there is (as yet) no international court or legislature with final authority, cases from various national courts are used to illustrate what international rules are generally recognized and how they are enforced. Selected international treaties--with interpretive court cases--are examined to see how international law is developed through multination agreements.
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LHC 522 Managerial Writing Fundamentals
  1.5 hours Elective Terms Offered: S14, W14(A)
  Course Prerequisites: No credit in LHC 594 or BCOM 594 
   
  Managerial Writing Fundamentals --- Fundamentals for managerial writing are central to the course. Students review the punctuation, grammar, syntax, organizational approaches, content development and conventional formats necessary for managerial documents. Goals include writing clearly, concisely and correctly, achieved through numerous writing exercises and by composing a variety of business memoranda and letters.
 
 
LHC 524 Persuasive Management Communication
  1.5 hours Elective Terms Offered: W14(B), W14(A)
   
  Persuasive Management Communication --- This course presents persuasive communication strategies that facilitate effective management. Specifically, the course covers fundamental persuasive frameworks (e.g. compliance-gaining, conflict management, credibility control) applied to oral and written messages. These frameworks provide a basis for exploring persuasive communication in a variety of management settings. Special emphasis is placed on differing strategies associated with cultural variation, focusing on those most critical for global business communication.
 
 
LHC 536 Ethics of Corporate Management
  2.25 hours Terms Offered: W14(A)
  Course Prerequisites: No credit in LHC 531 or 421 or BL 531 or 421 
  Cross-listed with: NRE 512 
   
  Ethics of Corporate Management --- This course, commonly known as the "business ethics" course meets the law/ethics requirement of the MBA program. The course provides a theoretical background of how to evaluate moral claims in business, provides an introduction to the issues related to corporate social responsibility, and discusses how to manage ethics in organizations. Using a framework describing managers' economic, legal, and ethical responsibilities, this course draws upon classical oral theory as well as the most up-to-date contemporary business ethics thinking. Through a discussion of dilemmas of executives, employees, and organizations, the course examines topics such as corporate compliance systems, corporate culture, human rights, corruption, and cross-national business ethics. In this course we also examine ethical leadership in terms of acting on your values in an organizational setting and building an ethical organization.
Class participation is critical, and active interaction has been a trademark of the class. Even the "lecture" portion is very interactive. The full-scale discussion consistently opens eyes to new dimensions of business behavior.
 
 
LHC 561 Management Presentations
  1.5 hours Elective Terms Offered: W14(B), W14(A)
   
  Management Presentations --- This course stresses the concepts and skills needed to give effective oral presentations in professional settings. The course is guided by a theoretical framework that emphasizes strategic communication choices, expansion of communication styles, and adaptation to others within communication contexts. This course requires students to give professional business presentations in each of the four quadrants of management communication. In the course of doing these presentations, students develop outlines, create speaking notes, adapt content, and design supplementary materials. Students also practice questions management and impromptu speaking. By the end of the course, students will be able to design, develop, and deliver management presentations that employ a variety of audience-centered strategies.
 
 
LHC 582 Real Estate Law
  3 hours Elective Terms Offered: W14
  Advisory Prerequisites: No JDs or JD students may enroll 
   
  Real Estate Law --- LAW- The legal distinction between real and personal property; the importance of fixtures in real estate acquisition and development; the nature and use of air, water and mineral rights; the role of easements in real estate development; the types of ownership (general forms such as joint ownership, condominiums, and timeshares, and investment forms such as limited partnerships, LLCs, and real estate investment trusts); contractual arrangements with real estate brokers; anti-discrimination laws, real estate contracts; proof of title and the role of title companies; legal aspects of financing - mortgages, land contracts, mechanics liens; closings; and acquisition through lenses.
 
 
LHC 586 Legal Aspects of Entrepreneurship
  1.5 hours Core Terms Offered: W14(B)
   
  Legal Aspects of Entrepreneurship --- Law provides entrepreneurs with many opportunities for competitive advantage. This course offers an examination of the issues that every entrepreneur should understand, from start-up to IPO. These issues include: legal concerns that arise- when you leave your current employer to start a business; creating an appropriate ownership structure; product innovation; fiduciary responsibilities of management; funding the venture; contracting with vendors and customers; understanding responsibilities for hiring and retaining the best staff; and going public.
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LHC 594 Written Managerial Communication
  1.5 hours Core Terms Offered: W14(B)
  Course Prerequisites: No credit in LHC 520 or 522 or BCOM 520 or 522 
  Advisory Prerequisites: Global MBA students only 
   
  Written Managerial Communication --- This course provides basic frameworks managers need to plan, compose, and evaluate writing to get work done efficiently with people in diverse contexts. Frameworks include: cultural intelligence, competing values, International Business English, error interference, other centeredness, and tone management. Participants also complete assessment profiles and set improvement goals using data collected from subordinates, peers, superiors, and customers with the Management Communication Assessment Instrument. Emphasis is on informational and promotional communications for recurring management events, such as procedural announcements and performance appraisals.
 
 
LHC 595 Oral Communication Management
  1.5 hours Core Terms Offered: W14(B)
  Course Prerequisites: No credit in LHC 560 or BCOM 560 
  Advisory Prerequisites: Global MBA students only 
   
  Oral Communication Management --- This course covers tools for managing message content, structure, and delivery in presentational, team, and one-on-one contexts. Participants complete informational, transformational, and persuasive team presentations. Tools for planning and evaluating these include: media richness, tests of evidence, analysis of argument, and persuasive adaptiveness. Participants also assess their relational skills on active listening, response repertoire, and conflict management.
 
 
LHC 688 Washington Campus
  3 hours Elective Terms Offered: S14, W14(B), W14(A)
   
  Washington Campus --- This course is a one week intensive course taught in Washington, D.C. The course is designed to provide you with the frameworks, concepts and tools needed to incorporate the public policy dimension into managerial decision making and strategic planning. The course combines classroom experience with onsite learning - some sessions are in a classroom while others are in various offices around Washington and on Capitol Hill. Students will also attend a hearing of their choice on the Hill. It is an interactive course, with plenty of opportunity to ask questions of policy makers and lobbyists, as well as professors. The course focuses on:

- Congress and the legislative process
- The structure of the federal courts
- The impact of judicial decision making on business
- The federal regulatory process
- The organization of the White House
- The role of lobbyists and interest groups
- The role of the media in the public policy process.
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LHC 750 Independent Study Project
  1 - 3 hours Elective Terms Offered: S14, F14, W14, M14
  Advisory Prerequisites: Graduate standing. 
   
  Independent Study Project --- Independent study projects, supervised by faculty, are available to graduate business students in good academic standing. To select a project, students should consult the appropriate professor about the nature of the project and the number of credit hours the work would earn. Students earn one to three credit hours per project and may elect only one study project in a term. Graduate business students should consult their program bulletins for information
regarding total number of projects and credits that can be applied to their degree. To register for a project students must submit an approved Independent Study Project application, available online.