According to the textbook, a well-managed business that finds its products and services are mature often ________.
A) replaces its board of directors to breathe new life into the firm
B) looks for licensing opportunities
C) looks for partnering or acquisition opportunities to breathe new life into the firm
D) looks for new managerial talent to breathe new life into the firm
E) looks for international business opportunities
Question 2
Courtney Young is the founder of a company in the semiconductor industry. Courtney's firm is still in the feasibility analysis stage and doesn't have a product that is ready to sell.
The company is spending about 25,000 per month and expects to maintain that level of spending until it reaches profitability. The 25,000 a month is Courtney's ________ rate.
A) consumption
B) utilization
C) burn
D) usage
E) liquidity