The Advantage of Electronic Communication Networks (ECNs)is That They

question 37

Multiple Choice

The advantage of electronic communication networks (ECNs) is that they:

• A)speed up transactions.
• B)help firms to identify and contact accredited investors.
• C)guarantee the sale of all the securities of listed firms.
• D)eliminate fraud.

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Definitions:

Highly Specialized

Pertaining to or involving specific expertise or focus on a narrow area of knowledge or activity, often requiring advanced skills or training.

Unpleasant Outcome

A result of actions or decisions that is negative or less favorable than anticipated, causing dissatisfaction or adverse effects.

Verbal Reprimand

A disciplinary action involving a spoken warning or rebuke to an employee for unsatisfactory performance or behavior.

Demotion

The act of lowering an employee's rank or position, typically as a result of organizational restructuring, performance issues, or disciplinary actions.