BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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An organization (like Microsoft) whose public stock shares are offered on a stock exchanged
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Public Corporation
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Private Corporation
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Explanation:
Detailed explanation-1: -The shares of a publicly traded company are often traded on a stock exchange.
Detailed explanation-2: -A public company-also called a publicly traded company-is a corporation whose shareholders have a claim to part of the company’s assets and profits.
Detailed explanation-3: -Examples of popular publicly traded companies are Procter and Gamble, Google, Apple, Tesla, etc.
Detailed explanation-4: -A public company is a company that has sold all or a portion of itself to the public via an initial public offering. The main advantage public companies have is their ability to tap the financial markets by selling stock (equity) or bonds (debt) to raise capital (i.e., cash) for expansion and other projects.
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