Before Its IPO,Twitter Was an Example of a Private Firm

question 204

Multiple Choice

Before its IPO,Twitter was an example of a private firm.As a private firm,Twitter was

• A)not subject to government regulations and taxation.
• B)run by stockholders and a board of directors.
• C)run by its founders,Evan Williams,Noah Glass,Jack Dorsey,and Biz Stone.
• D)not legally allowed to raise funds through venture capital firms.

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Definitions:

Workforce

The group of people who are engaged in or available for work, either in a country or a firm.

Economic Efficiency

A condition in which all resources are allocated in a way that maximizes the total benefit to society or minimizes waste.

Voice Mechanism

A means by which individuals or groups can express opinions, feedback, or concerns, often in the context of organizational decision-making or governance.

Job Restrictions

Regulations or rules that limit who can perform certain jobs or work in certain professions, often requiring specific qualifications or licenses.