Which of the following is NOT a potential disadvantage associated with a firm going public?
A) A more liquid market for owners to sell their ownership shares.
B) Because shares are more dispersed, management must work with a more diverse group of stakeholders.
C) The firm faces more rigorous disclosure of its financial situation, and this disclosure requirement has both monetary and time costs.
D) Management needs to more actively manage shareholder expectations and deal with some investors who have a short-term focus on profitability rather than long-term growth.
A
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"Specific performance" is
A) an order requiring the defendant to undertake a specified task, usually to complete a transaction; B) an order for rectification of the contract. C) an order for pecuniary damages to be paid by the defendant D) an order instructing one party to halt a particular process or action E) an order for a defendant to pay damages equal to business losses
A system-wide constraint is called a:
A) Rope. B) Resource. C) Drum. D) Chain.