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Which of the following is NOT a firm-specific risk for Nivea? A) The risk that the Pandemic continues until the end of 2022. B) The

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Which of the following is NOT a firm-specific risk for Nivea? A) The risk that the Pandemic continues until the end of 2022. B) The risk that consumers do not like the new product the company plans to introduce. C) The risk that the CEO of the firm tests positive for Covid19. D) The risk that key R\&D staff are hired away by competitors. E) None of the above

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