GLTP Inc. transformed from a private company into a public company after offering its shares in a securities exchange for the first time. Such transactions take place in a
A. tertiary market.
B. closed market.
C. secondary market.
D. primary market.
Answer: D
You might also like to view...
A market segment is a subset of a larger market of people or organizations who will respond similarly to a marketing mix
Indicate whether the statement is true or false
If a company purchases equipment costing $3300 on credit, the effect on the accounting equation would be:
A. Assets increase $3300 and liabilities increase $3300. B. Equity increases $3300 and liabilities decrease $3300. C. One asset increases $3300 and another asset decreases $3300. D. Equity decreases $3300 and liabilities increase $3300. E. Assets increase $3300 and liabilities decrease $3300.
Considered alone, which of the following would increase a company's current ratio?
A. An increase in accounts payable. B. An increase in net fixed assets. C. An increase in accrued liabilities. D. An increase in notes payable. E. An increase in accounts receivable.
Which one of the following is one of the Theodore Levitt assumptions supporting a pure global strategy?
A. If the world markets are treated as heterogeneous, substantial economies of scale are easily achieved. B. Customer needs and interests are becoming more dissimilar. C. Consumers are willing to pay more for specific product features. D. MNCs can successfully compete globally by aggressively pricing products at the sacrifice of product features.