Before Its IPO, Facebook Was an Example of a Private

question 39

Multiple Choice

Before its IPO, Facebook was an example of a private firm.As a private firm, Facebook was

• A)not subject to government regulations and taxation.
• B)run by stockholders and a board of directors.
• C)run by its founder, Mark Zuckerberg.
• D)not legally allowed to raise funds through venture capital firms.

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Definitions:

Empirical Evidence

Information acquired by observation or experimentation that is used as a basis for knowledge.

Critical Thinkers

Individuals who actively and skillfully analyze, assess, and reconstruct their thinking, thereby enhancing the quality of their thoughts and decisions.

Reasonable Explanations

Logical or rational interpretations or accounts for phenomena, actions, or events based on evidence and reasoning.

Critical Thinkers

Individuals who actively and skillfully analyze, assess, and reconstruct their thinking, thereby making informed decisions.