1. Compare and contrast the business model of Groupon with the business models of Amazon and Wal-Mart. Referring to the risk factors in the MD&A sections of their 10-Ks, compare significant risks and opportunities across these companies. How do these business risks translate to risks in financial reporting?

2. Revenue and revenue growth are more important than income and income growth for new businesses, especially in the new-age economy.

Do you agree with this statement?

Support your opinion by analyzing the relationship between Amazon’s revenue, income, and its stock price from 1997 to 2010.