Shares of Facebook First Became Available to the Public in May

question 19

Multiple Choice

Shares of Facebook first became available to the public in May 2012 when the company made:

• A) an announcement.
• B) a bond offering.
• C) an initial public offering.
• D) an initial private offering.

Understand the defining characteristics and importance of direct selling in retail.

Comprehend the role and impact of telemarketing in modern marketing practices.

Identify the growth potential of markets for direct selling.

Recognize legislative measures affecting telemarketing and consumer rights.

---

Definitions:

Business Organizations

Entities set up to carry out commercial enterprises, including corporations, partnerships, and sole proprietorships.

Ethical Issue

An identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical.