In a good business plan, risks are:
1. Question 1 In a good business plan, risks are: 1 point Listed exhaustively, in detail Stated not to exist Ignored
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The difference between uncertainty and risk is:
3. Question 3 The difference between uncertainty and risk is: 1 point Uncertainty is more damaging Uncertainty has no defined probability or likelihood; risk has a defined probability…
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What is “burn rate”?
5. Question 5 What is “burn rate”? 1 point Rate of turnover of employees The fire hazards in the company offices The rate at which the business’s…
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What is a Profit-and-loss (income) statement?
2. Question 2 What is a Profit-and-loss (income) statement? 1 point A statement showing how the company’s share price has performed A statement showing what the business does…
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What are the two types of cash flow? How do they differ?
4. Question 4 What are the two types of cash flow? How do they differ? 1 point Foreign exchange and local currency Capital account and operating account …
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What is a Cash flow statement?
3. Question 3 What is a Cash flow statement? 1 point A bank statement showing entries in an account An orderly list showing how much cash went out,…
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What is a “balance sheet”?
1. Question 1 What is a “balance sheet”? 1 point A list of assets and liabilities A statement showing inflow and outflow of money A list of…
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A “magic circle” feedback loop leads to market leadership because:
3. Question 3 A “magic circle” feedback loop leads to market leadership because: 1 point Lower costs drive lower prices, higher market share, further declines in cost and so…
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How can steep learning curves become dangerous to a company?
2. Question 2 How can steep learning curves become dangerous to a company? 1 point They lock the company in to old products rather than create new ones …