When Facebook Went Public in May of 2012, What Was

question 58

Multiple Choice

When Facebook went public in May of 2012, what was its starting valuation?

• A) more than $10 billion but less than $50 billion
• B) more than $50 billion but less than $100 billion
• C) more the $100 billion but less than $150 billion
• D) more than $150 billion

---

Definitions:

Organizational Learning

A process within companies where knowledge is created, acquired, and transferred, leading to a transformation of organizational behavior and thinking for enhanced performance and innovation.

Contingency Approach

A management theory that suggests the best way to organize and make decisions is dependent on the specific situation, emphasizing that there is no one best way to manage.

Managerial Responses

The actions or decisions taken by managers in reaction to internal or external factors impacting the organization.

Two-factory Theory

A psychological theory that proposes that human emotions consist of two components: physical arousal and a cognitive label that specifies the emotion.