Article Summary In an Effort to Raise Funds to Cut Debt,Fiat Chrysler

question 352

Multiple Choice

Article Summary
In an effort to raise funds to cut debt,Fiat Chrysler is selling a stake in Ferrari through an initial public offering (IPO) to be valued at as much as $9.8 billion.17.2 million shares of stock in the company are to be sold,and the stock will be traded on the New York Stock Exchange under the symbol RACE.One analyst speculates that requests for shares in Ferrari may be ten times less than the number available.Including debt,Ferrari will have a value of about $12 billion,and chairman Piero Ferrari will keep a 10 percent stake in the new company and receive about €280 million in cash.Before taxes and interest,Ferrari's 2014 earnings were €389 million,with revenue of €2.8 billion.
-When Ferrari sells stock to the public in its IPO,it will do so through the New York Stock Exchange.People who buy the shares will

• A)be promised to be repaid their investment plus interest.
• B)do so in the indirect finance market.
• C)own part of the company.
• D)All of the above are true.

Understand brainstorming as a technique for enhancing creativity within teams.

Comprehend the complexity and social nature of collaborative writing.

Realize the impact of conflict management strategies on group dynamics and productivity.

Recognize the significance of orientation and information insistence in the group development process for productivity enhancement.

---

Definitions:

Mesosystem

In bioecological systems theory, the relations and interactions among microsystems.

Exosystem

In bioecological systems theory, social settings in which an individual does not participate but has an indirect influence on development.

Macrosystem

In bioecological systems theory, the sociohistorical context—cultural values, laws, and societal norms and values—in which the microsystem, mesosystem, and exosystem are embedded, posing indirect influences on individuals.

Classical Conditioning

A conditioning approach where pairing two stimuli repeatedly results in a response that, though initially evoked by the second stimulus, is later elicited solely by the first stimulus.