Price Waterhouse Coopers' situation with the Russian government's request for release of client information presents an ethical dilemma for PwC. However, apply the Laura Nash question: How did they get into this situation in the first place? And discuss your observations about PwC


Students should focus on the fact that the decision to do business in a country in which there is instability or differing views on laws and ethics is a critical one that requires companies to ask, "Are we prepared to . . . ?" Students should consider the Yahoo cases and the company's failure to understand the levels (human life at risk) of moral dilemmas that can come about because of their presence in a country and doing business there. In short, PwC got into this either/or situation because of its failure to anticipate how difficult it can be to do business in a country in which political power is exercised corruptly.

Business

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The Erhardt Corporation was incorporated on January 1 . 2014, with the following authorized capitalization: • 40,000 shares of common stock, no par value, stated value $40 per share • 10,000 shares of 5 percent cumulative preferred stock, par value $10 per share During 2014, Erhardt issued 34,000 shares of common stock for a total of $1,700,000 and 6,000 shares of preferred stock at $16 per

share. In addition, on December 20, 2014, subscriptions for 2,000 shares of preferred stock were taken at a purchase price of $17 . These subscribed shares were paid for on January 2, 2015 . What should Erhardt report as total contributed capital on its December 31 . 2014, balance sheet? a. $1,540,000 b. $1,762,000 c. $1,796,000 d. $1,830,000

Business

Which of the following is true of the economic environment?

A. It is not affected by the way the parts of the macro-marketing system interact. B. It has no relationship to the technological environment. C. It can change very rapidly. D. It never requires marketing managers to make immediate changes in strategy. E. It refers to micro-economic factors that do not affect business spending.

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  Figure 6-3According to Figure 6-3 above, points A and D would most likely represent ________ and ________ options respectively for entering the global marketplace.

A. exporting; direct investment B. licensing; joint venture C. joint venture; licensing D. licensing; exporting E. direct investment; licensing

Business

What enables people to find you online via Google or other online browsers?

a. blogs and social media b. word-of-mouth advertising c. search engine optimization d. AdWords

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