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You are the chief financial officer of ACME Labs, a privately held biotechnology company that needs to raise $3 million to fund the development of a new drug that could potentially cure COVID19. Obviously, time is of the essence. Unfortunately, your board of directors consists of considerable skeptics who are less than eager to spend the money on such an endeavor. Your mission is to provide financing options for consideration and hopefully make the Research and Development funding attainable by providing valuable information. Think about history, credit, interest rates, marketing, and presentation needed when asking for money to finance your operation.
How to persuade the board of directors to support the funding with financing options?
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Can someone help me understand how does an understanding of ethics affect the strategy process as it pertains to an organization's stakeholders
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