Related to the Economics in Practice on Page 228: in 2010

question 130

Multiple Choice

Related to the Economics in Practice on page 228: In 2010, Tesla Motors decided to become a public company by offering shares of stock to the public on a stock exchange. Like most other firms, Tesla relied on ________ to manage the sales of stock from its Initial public offering.

• A) inside management
• B) investment banks
• C) its board of directors
• D) the Federal Reserve

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Definitions:

Hierarchy Of Authority

An organizational structure where different levels of power and responsibility determine how decisions are made and tasks are assigned.

Centralization

The degree to which decision-making authority is concentrated at higher levels within an organization.

Environmental Factors

External elements, conditions, or influences that impact an individual's behaviors, decisions, and wellbeing.

Technological Interdependence

A situation where companies or organizations depend on each other's technological capabilities and innovations to achieve their business goals.