Book excerpt: Law, Business and Regulation: A Managerial Perspective examines the intersection, and impact, of the changing nature of business, challenges presented by increasing globalization, and the expanding impact of technology with a renewed emphasis on ethical decision making. These areas of study include constitutional law, international perspectives, contracts, business associations (partnerships, corporations and limited liability companies), antitrust law, employment law and discrimination, and intellectual property (patents, copyrights, trademarks and trade secrets). The authors have purposefully emphasized aspects of the legal environment of business that are especially relevant for future business managers. Law, Business and Regulation: A Managerial Perspective provides managers with a framework in which they will identify, consider, and then solve practical problems in a business environment in which legal and regulatory issues have attained prominence.Law, Business and Regulation: A Managerial Perspective presents readings, materials, and case decisions that provide a basis for understanding the unique "legal vocabulary," and identifying and analyzing critical legal principles and concepts. The cases contained in this volume have been carefully selected and edited and contain questions designed to enable students to gain insights which reflect their importance in the development of the law as it relates to managerial functions. Law, Business and Regulation: A Managerial Perspective addresses selected traditional business law topics as well as those that are considered more broadly as the legal environment of business. In addition, topical ethical considerations related to the chapter materials are included. These considerations are designed to sharpen our students' appreciation for the role that ethics will play in the decision making process.