Examlex
One benefit of ________ ________ is that it can provide a firm with foreknowledge of a competitor's upcoming promotions or products, allowing it to respond in a way that blunts the effects of these actions.
Primary Market
The financial market where new securities are sold to initial buyers directly by the issuer, often through underwriting.
Securities
Instruments of finance that denote a share in a company available on the public stock exchange, an obligation owed to investors by governments or businesses (bonds), or the assignment of ownership via options.
Investment Banks
Financial institutions that provide various services including underwriting, acting as intermediaries in mergers and acquisitions, and facilitating securities trading.
Direct Transfer
A method of moving funds or assets from one account or entity directly to another without any intermediaries.
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