BUS 3800 Lecture Notes - Lecture 4: Paradigm Shift
Document Summary
The great charter sealed june 15th, 1215. Established that the king, as all other englishmen, was subject to the law. The contrasted with the doctrine of the divine right of kings. Laid a foundation for modern democracy: established principles for individual rights. Since the magna carta was created in 1215, it has been changed 3 times. This could have helped to create a society suitable for business because typically the first draft of a document must be slightly changed to perfectly fit the current economic state. 8- a woman is not compelled to marry a man just because she is a widow. This helps to create a society suitable for business because it creates an equal playing field for men and women. This is relevant today in the us business system with women demanding equal rights. in the us business system with women demanding equal rights. 16- royalty cannot unjustly charge someone just because of the power they hold.