1. What is the difference between Efficient vs. Effective strategies and stage of company growth?

2. What are examples of variable costs vs. fixed costs, be specific. What happens when flight time is increased from 250 hours/year to 500 hours/year with respect to total cost per hour. Ratio of variable cost to fixed costs?

3. Why is it important to understand the CFO's background with respect to your project presentation? Explain two reasons that are specific to a CFO background.

The first question only has that part no additional parts are added.