Disadvantages of Going Public Include All EXCEPT

question 56

Multiple Choice

Disadvantages of going public include all EXCEPT

• A) managers' tendency to focus on long-term profits.
• B) the high cost of the IPO itself.
• C) the costs of complying with ongoing SEC disclosure requirements.
• D) the transparency that results from this compliance can be costly for some firms.

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Definitions:

Primary Socialization

Is the process of acquiring the basic skills needed to function in society during childhood. Primary socialization usually takes place in a family.

Agent

An individual or entity that acts on behalf of another, in various contexts such as sociology, espionage, or business transactions.

Hidden Curriculum

involves the unwritten, unofficial, and often unintended lessons, values, and perspectives that students learn in school.

Socialized Citizen

An individual who has been inculcated with the norms, values, and practices of a society, enabling them to function as a contributing member.