Part I: Answer the following questions on the Topic of %u201CThe History of the

Question

Part I: Answer the following questions on the Topic of %u201CThe History of the American Corporation%u201D 10 points

1.       Describe what is the rule of law and its importance on a successful capitalistic society (2 points)

2.       Describe King Henry%u2019s II impact on the rule of law (2 points)

3

4.       Describe the contribution of the article on the Massachusetts Bay Colony. (2 points)

5.       Explain the significance of the Estonia article and the index of economic freedom (2 points)

Part II: Answer the following questions on the Topic of %u201CForms of Business Ownership%u201D 7 points

6.       Describe the three forms of ownership. Describe two advantages and two disadvantages of each. (6 points)

a.

b.

c.

7.       Who owns corporations? (1 points)

Part III: Answer the following questions on the Topic of %u201CEthics / Pepsi in India Case%u201D 6 points

8.       (see Pepsi in India Case)Pepsi asserts that its products meet all applicable government safety standards. From an ethical perspective, is this a sufficient response to concerns about consumer safety? Why or Why not? (1 point)

9.       (see Pepsi in India Case) Was it ethical for Sunita Narain to single out Pepsi as a protest target, when problems of industrial and agricultural water usage and groundwater contamination involve thousands of companies, farmers, and municipalities %u2013 and the presence of any pesticides in Pepsi beverages is a result of pesticides in the country%u2019s water supply and not a result of Pepsi%u2019s manufacturing processes? Why or why not? (1 point)

10.   (see Pepsi in India Case) Indra Nooyi stressed in an interview that bottled water and soda consume only 0.04 percent of the total water used by all industries throughout India. Explain whether or not you think this specific point is a valid response to the water usage criticism. (1 point)

11.   (see Pepsi in India Case) Whose problem is the water supply in India? Should Pepsi have to invest these resources for using 0.04% of total water consumption? What about the impact to Pepsi%u2019s current stakeholders by investing these extra resources in India? (1 point)

12.   (see Pepsi in India Case) What could Pepsi do better to respond to global ethical issues such as this one?(2 point)

Part IV: Answer the following questions on the Topic of %u201CStakeholders%u201D 3 points

13.   Describethree primary stakeholders for a corporationand what they expect from the corporation.

a.

b.

c.

Part V: Answer the following questions on the Topic of %u201CTunisia and the Spark that unleashed uprisings%u201D 5 points(Watch the video posted on Blackboard under Week 2)

14.   What the spark that started the current uprisings in the Middle East? Explain. (2 Points)

15.   Apply your knowledge of the importance of %u201CRule of Law%u201D into the current uprisings in the Middle East. What was the level of Rule of Law in these countries and how did this play a role in the frustrations in these countries which led to the uprising. (2 Points)

16.   How did Social Media play a role in these uprisings? (1 Point)

Part VI: Answer the following questions on the Topic of %u201CDecision Makers and Decision Making%u201D 2 points

17.   What is the role of the Board of directors for a corporation? (2 points)

Explanation / Answer

4)The Plymouth and Massachusetts Bay colonies coexisted until 1686, each electing governors in annual elections. Governance of both colonies was dominated by a relatively small group of magistrates, some of whom governed for many years. When the Dominion of New England was established in 1686, it covered the territories of those colonies, as well as those of New Hampshire, Connecticut, and Rhode Island. In 1688, it was further extended to include New York, and East and West Jersey. The Dominion was unpopular in the colonies, and was effectively disbanded when its royally appointed governor, SirEdmund Andros, was arrested in the wake of the 1688 Glorious Revolution and sent back to England.

5)In 2008, Estonia was ranked 12th of 162 countries in the Index of Economic Freedom 2008, the best of any former Soviet republic. The same year, the country was on bottom of Europe by labour market freedom, but the government is drafting improvements.[10] Estonia is 21st on the Ease of Doing Business Index 2013 by the World Bank Group.

The Government of Estonia decided that the country should adopt the euro as its official currency, and finalized the design of Estonian euro coins in late 2004. The switchover to the euro took place on 1 January 2011,[11] later than planned, because continued high inflation had prevented it from fulfilling the entry criteria earlier. The Estonian kroon was pegged to the euro at a rate of 15.64664 EEK to one euro.

The Financial Crisis of 2008 has had a grave effect on the Estonian economy, primarily as a result of an investment and consumption slump that followed the bursting of the real estate market bubble that had been building up during the preceding years. Estonia had the EU's worst year for unemployment, which rose from 3.9% in May 2008 to 15.6% in May 2009.

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