Which of the Following Would Not Be True of a Privately

question 136

Multiple Choice

Which of the following would not be true of a privately held corporation?

• A) It is sometimes called a closely held corporation.
• B) Its shares are regularly traded on the New York Stock Exchange.
• C) It does not offer its shares for sale to the general public.
• D) It is usually smaller than a publicly held company.

---

Definitions:

Operational Control

The process of monitoring and managing day-to-day operations of a business to ensure that organizational goals are met.

Displaced Workers

Individuals who have lost their jobs due to economic changes, technological advancements, or other external factors beyond their control.

Service Risk

The possibility of experiencing losses or failures when delivering or receiving services, due to variability in service quality, delivery, or customer satisfaction.

Proprietary Technology

Unique technology owned by a company, protected by patents or trade secrets, giving them a competitive advantage.