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Crisis management
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Final exam
Crisis management
Answer all questions correctly to pass
Q1/5
What does "default dead" mean for a startup?
A)
The company filed for bankruptcy
B)
At current spending and revenue, it will run out of cash before becoming profitable
C)
The founder left the company
D)
The product has no users
Q2/5
What is the "survival core" of a business?
A)
The CEO and CFO
B)
The minimum set of people, products, and costs needed to keep generating revenue
C)
The emergency bank account
D)
The insurance policy
Q3/5
What is "forbearance" in creditor negotiations?
A)
Forgiving a debt entirely
B)
A temporary pause on payments to give the business time to recover
C)
Filing for bankruptcy
D)
A new loan to cover old debts
Q4/5
What does "piercing the corporate veil" mean?
A)
Increasing company transparency
B)
A court holding the owner personally liable because they didn't maintain proper separation
C)
Removing a company from stock exchange
D)
Changing the company name
Q5/5
What is a "zombie business"?
A)
A failed company that was acquired
B)
A company generating just enough to cover costs but never growing or profiting
C)
A business run by AI
D)
A seasonal business that closes in winter
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