Acting upon assumed good advice, your brother buys stock in I-Link, an upcoming communications firm. Since this is the first time I-Link is trading its stock, your brother will be involved in a(n)

A) secondary market transaction.
B) initial public offering.
C) seasoned new issue.
D) tombstone purchase.
E) buy low transaction.

Answer: B

Business

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Any company doing business outside the home country should first carefully study the ________ in the target country

A) political culture B) nationalization C) political risk D) jurisdiction E) sovereignty

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To extract the maximum benefit from the online channel for physical goods, firms should keep it separate from their existing supply chain networks

Indicate whether the statement is true or false.

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