Below are Questions about BusBoard Prototype Systems Ltd.

1. Briefly explain BusBoard’s business model (e.g., products, suppliers, customers). Draw a simple diagram that connects the firm, customers, suppliers, and currency exposures.

2. What is the strategy used by BusBoard’s management for dealing with foreign exchange risk as of June 2019?

3. Without hedging foreign exchange risk, what would likely happen to BusBoard’s revenues if the U.S. dollar appreciated relative to the Canadian dollar?

4. Do you think BusBoard would benefit from hedging foreign exchange risk in today’s uncertain times due to Covid-19 pandemic? Clearly explain the potential benefits and costs.

5. Read the Harvard Business Review article “Why Diverse Teams Are Smarter.” a) Provide three reasons (with short explanations) why workplace diversity helps Multinational Corporations make better business decisions. b) Do you believe that workplace diversity in corporate leadership is consistent with thegoal of maximizing shareholder wealth?