Russia Expands Crackdown on McDonalds

Russia Expands Crackdown on McDonalds

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Business

University

Hard

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Reebok and Adidas may part ways after eight years, with investors from Hong Kong and Abu Dhabi planning a $2.2 billion bid. Adidas, which bought Reebok for nearly $4 billion in 2006, is facing financial challenges, including a cut in earnings outlook despite a 15% increase in third-quarter net profit. The world's largest business management software maker is shifting focus to cloud technology. Meanwhile, McDonald's is under scrutiny in Russia, with regulators inspecting over 200 restaurants and closing nine, possibly in response to Western sanctions.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the reported bid amount by investors from Hong Kong and Abu Dhabi to acquire Reebok?

$2.2 billion

$4 billion

$3 billion

$1.5 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In what year did Adidas originally purchase Reebok?

2004

2007

2005

2006

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Despite a 15% increase in third-quarter net profit, what action did SMP ASAP take regarding its earnings outlook?

Cut it

Maintained it

Doubled it

Increased it

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What strategic shift is the world's largest business management software maker undertaking?

Developing new hardware

Expanding retail stores

Focusing on cloud-based technology

Investing in real estate

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What reason do Russian regulators give for inspecting and closing McDonald's restaurants?

Financial irregularities

Sanitary rule violations

Tax evasion

Labor disputes