What Technique Did Google Use to Preserve Its "Evil-Free" Culture

question 19

Multiple Choice

What technique did Google use to preserve its "evil-free" culture when going public with an initial public offering in 2004?

• A)Used an IPO underwriter
• B)Allow clients to purchase underpriced IPO shares
• C)Used a "Dutch auction"
• D)Committed to sell a certain number of shares at a set price
• E)Drastically underpriced its shares (by 200%)

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Definitions:

U.S. GAAP

The Generally Accepted Accounting Principles in the United States, a set of accounting rules and standards used for financial reporting.

Major Customer

A client who contributes a significant portion of a company's revenue, often crucial to the company's financial health.

Operating Segments

Components of a business for which separate financial information is available and regularly evaluated by the company's decision-makers in deciding how to allocate resources and assess performance.

Reportable

Anything that must be officially noted and disclosed, often within financial contexts or compliance reporting.