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Under This Method of Floatation in Primary Market, a Subscription

question 28

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Under this method of floatation in primary market, a subscription is invited from general public to invest in the securities of a company through the issue of advertisement.


Definitions:

Explicit Knowledge

The more objective, rational, and technical types of knowledge.

Tacit Information

Knowledge that is understood or learned through experience rather than being explicitly mentioned or taught.

Explicit Information

Clear and direct information that is fully articulated and expressed without the need for inference or interpretation.

Tacit Knowledge

The cumulative store of subjective or experiential learning, which is highly personal and hard to formalize.

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