Well now that you know your burn rate, that's easy. Take the amount of cash you have left ($250,000) and divide by your burn rate ($83,333/month) and you get three months. At year end, you will be out of money. That's the whole point of knowing what your burn rate.
Why is geography important to history? Quick Answer. Geography is important to history because it affects where a person chooses to live, it affects the way battles are fought and the way that people can interact with those living outside of their home region. Geography is the study of the Earth's landscapes, environments and the people who live in those landscapes and environments. Continue Reading.
4 Good Reasons Why Culture Is More Important Than Strategy. Late last year, Booz & Co. released research in Strategy +Business showing âWhy Culture Is Key.â Of course, this is the central point of our book Winning with a Culture of Recognition, and itâs encouraging to see these research results on the importance of culture to organization success. The research is quite good, but these four key points in particular stood out (all quotes from the research): 1. Culture is more important than strategy Culture matters, enormously. Studies have shown again and again that there may be no more critical source of business success or failure than a companyâs culture â it trumps strategy and leadership.