Tobacco Wars: FDA v. Big Smoke and the Business Risk Behind Regulation

In this Business Law 101 episode, Dr. David D. Schein takes up Tobacco Wars: FDA v. Big Smoke and the Business Risk Behind Regulation. The central issue is how a business dispute, rule or decision becomes a real-world test of judgment.

Dr. Schein connects the facts to business law, business ethics, compliance and the decisions managers have to make before trouble starts.

The episode is built around consequences, not theory. Business judgment matters most when the rule, the incentive and the risk all point in different directions.

Viewers following Business Law 101 and Business Law will get a clearer explanation of the business risk, the management lesson and the accountability question behind the full episode.