Abstract
Abstract The top executives of major corporations are increasingly political and legal, as well as business, strategists and organizational managers. The modern large enterprise operates in many countries in a complex environment compounded of multiple economic, market, legal, and political factors. Training future executives for this environment is a significant educational challenge. This teaching note reports on our use of a fictitious international corporation for the training of both public and private managers in comparative governmental and legal processes in the context of a generic school of administration. The two-semester legal course required in the first year of the Master of Business and Public Management degree program is built partly around an original and comprehensive set of legal materials dealing with the formation and operation of a fictitious international firm. Legal processes and analysis are taught. Emphasis is placed on the managerial implications of antibribery, corporation, securities, antitrust, environmental, labor, and other types of laws. Attention is also paid to business-government relations, corporate governance, political strategy, and the social responsibility of business. The second-year required courses in business strategy and governmental processes (two semesters each) are built partly around a computer-assisted management simulation exercise that divides students into competing international corporations. The result during the two-year degree program is to expose the students to the simulated operation of an international firm that integrates the economic, market, legal, and political environments of managerial decision making. This approach facilitates a systematic comparison of different countries in which international corporations might operate. Lectures, readings, and case materials are designed to support this cross-nationally oriented examination of business, political, and legal strategies on a coordinated basis.
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