1. A friend of yours has come to you to ask whether you would invest in his new web based service he is starting work on, whereby his new offering makes use of a new, advanced artificial intelligence algorithm he has built. What are the key tests of the innovation you would use, to ask him to demonstrate that this innovative idea passes? How would you judge whether his new service passes all these tests?

2. What frameworks would be most useful for you to use in deciding on an ethical dilemma that faces your family business, in particular where you see a senior executive, who is your family member, siphoning funds from the company. Name the key stakeholders involved, and at least two possible courses of action you would consider taking, along with the costs and benefits of each.