Which of the Following Statements About Virtual Instant Global Entrepreneurship

question 9

Multiple Choice

Which of the following statements about virtual instant global entrepreneurship (VIGE) is false?

• A)VIGE depends on using Web sites like eBay for products to quickly establish a global presence.
• B)Many VIGE sites offer procedures,services,and Web page templates which incorporate best practices for global trading.
• C)The VIGE approach produces large numbers of smaller-scale exporters.
• D)VIGE sites replace institutional procedures with personal contacts to help even the smallest small businesses go global.

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Definitions:

Pure Rights Offerings

A method of raising capital in which a company offers existing shareholders the right to purchase additional shares directly, usually at a discount.

Price Drop

A decrease in the price of a commodity, security, or other financial instrument, often reflecting changes in demand and supply.

Firm Commitment Sale

A transaction where the underwriter guarantees to purchase all of the issuer's securities at an agreed-upon price.

Underwriting Securities

The process by which investment banks and other financial entities agree to buy and sell securities to the public, assuming the risk of selling them.