Discussion question There are opportunities and risks associated with conducting international business. Refer to the attached 2022 Annual Report of Johnson & Johnson, read the section "Risks Related to Financial and Economic Market Conditions" on pages 24 - 26, and write a brief essay in which you discuss the risks that Johnson & Johnson faces due to conducting business internationally, describe how the company's cash flows are exposed to the international environment, and in particular, Explain how the company's cash flows measured in US dollars are affected by devaluation of currencies in countries where it has sales. ( 2 point)

Discussion question There are opportunities and risks associated with conducting international business. Refer to the attached 2022 Annual Report of Johnson \& Johnson, read the section "Risks Related to Financial and Economic Market Conditions" on pages 2426, and write a brief essay in which you discuss the risks that Johnson \& Johnson faces due to conducting business internationally, describe how the company's cash flows are exposed to the international environment, and in particular, Fxplain how the company's cash flows measured in US dollars are affected by devaluation of currencies in countries where it has sales. ( 2 point)