Unlike the early stock exchanges, National Association of Securities Dealers Automated Quotation System (NASDAQ) has never:
A) maintained a physical trading location where dealers meet to trade securities.
B) listed stocks of large, well-known firms.
C) established formal listing requirements.
D) used a computerized network to trade securities.
Question 2 - The incidence of innovation among small-business workers is significantly higher than that among workers in large businesses.
Indicate whether the statement is true or false
Question 3 - For a department store such as Macy's, the most likely need for short-term financing will be for
A) inventory.
B) employee wages.
C) extending credit policies.
D) new locations.
E) additional cash registers.
Question 4 - Self-managed teams take over most management functions.
Indicate whether the statement is true or false
Question 5 - Which of the following is a drawback of private placements?
A) They are more complex and expensive than public offerings.
B) Complex registration documents need to be prepared for their financing.
C) They are required to register with the Securities and Exchange Commission (SEC).
D) Unregistered securities cannot be sold to anyone except accredited investors.
Question 6 - Many entrepreneurs lack the management skills required to run a business.
Indicate whether the statement is true or false
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