________ refers to the rate at which the company is using up the funds from its initial investors
A) Capital ratio
B) Order rate
C) Hedge rate
D) Burn rate
E) Current ratio
Answer: D
Explanation: Burn rate is the rate at which the company is using up the funds from its initial investors. It is a major concern while preparing a start-up budget.
Business
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________ is defined as the process by which managers ensure that resources are used effectively and efficiently in the accomplishment of organizational objectives
A) Review B) Monitor C) Control D) Accommodation
Business
A ________ is a direction or sequence of events that has some momentum and durability; it reveals the shape of the future and can provide strategic direction
A) fad B) fashion C) trend D) megatrend E) style
Business