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1. For each of the following scenarios, explain whether the situation describes financial risk or business risk. Explain your answers to each scenario.
A. A pharmaceutical company has developed a new cancer treatment drug that has a much higher success rate than other drugs currently in the market and has a potential to triple the company's profits. However, the FDA has expressed concern about some side-effects and it is not clear if the FDA will approve the drug.
B. An airline has an EBIT of $100 million per year. However, they also have a huge amount of debt and pay $97 million per year in interest. Their EBIT is relatively stable but tends to go up or down by $5 million or so each year depending on the economy.
C. A basketball franchise earns an EBIT of $50 million a year when their team has a winning year. However, they only earn $10 million when their team has a losing year.
1. What are some current issues facing Russia? What is the climate for doing business in Russia today?
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Rubin owns and operates a florist business, Flower World, Inc., (Flower) from a shop in his Ohio hometown. Flower advertises and sells in Ohio from the shop, and advertises and sells over the Internet. Using Flower's website and her credit card, o..
Identify an idea or event from twentieth or twenty-first century history that was influenced by stereotypes.
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