Examlex
Which of the following statements is not true regarding enterprise resource planning (ERP) ?
Public Issue
The offering and sale of securities to the general public for the first time, typically through a stock exchange.
New Issue
Pertains to a financial security that has been recently issued to the public market for the first time, such as stocks or bonds.
Dutch Auction Underwriting
The type of underwriting in which the offer price is set based on competitive bidding by investors. Also known as a uniform price auction.
Competitive Bidding
A procurement process where suppliers submit bids to win a contract, ensuring transparency and fairness while possibly lowering costs.
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