A Secondary Offering IPO Occurs When

question 66

Multiple Choice

A secondary offering IPO occurs when:

• A) new shares are sold to provide the company with additional funds.
• B) the second public issue of equity becomes available.
• C) the company's founders or venture capitalists market a portion of their shares.
• D) not all of the shares in a primary IPO were sold.

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Definitions:

Social Audit

A review and assessment of a company's business practices related to social responsibility, ethics, and impact on society.

Social Issues

Problems that influence a considerable number of individuals within a society and are often the subject of public policy debate.

Company Activities

Company activities refer to the various actions taken by a business in pursuit of its strategic objectives, including operations, marketing, and product development.

Ethical Climate

The moral atmosphere of the working environment, influenced by the organization's ethics, values, and the behavior of its members.