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Polaroid
Polaroid
Polaroid
Main objectives: Bond Rating to avoid dropping from BBB to BB; Flexibility the more the debt, the lower the cost of capital; the more the debt, the higher the chances to lose investment trade rating; Value Creation the main purpose of a business is to create value; in order to achieve this goal, Ralph Norwood should create an optimal cost structure. 2. a) Risks associated with business and strategy: business risks, competitive risks, managerial risks; b) Financing requirements: Debt repayments, Capital expenditures, Working capital.