Second-Stage Financing Occurs

question 95

Multiple Choice

Second-stage financing occurs:

• A) prior to the initial public offering.
• B) when company founders sell a portion of their shares.
• C) after the best efforts of the underwriters.
• D) when the IPO does not raise sufficient cash.

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Definitions:

Competitive

The state of trying to outperform rivals in a market by offering better products, prices, or services.

Human Resource Management

The strategic approach to the effective management of people in a company or organization such that they help their business gain a competitive advantage.

Performance Appraisal

A systematic evaluation process in which the work performance of an employee is evaluated in terms of quality, quantity, cost, and time.

Human Resource Strategy

A plan that aligns the management of employees with the goals of the organization to gain competitive advantage.