When a company sells its shares to an issuing house which later sells to the public, it is called
an offer for sale
a rights issue
a public issue
an issue by prospectus
a private placing
Correct answer is A
No explanation has been provided for this answer.
The setting of objectives and determination of the best way to achieve them are known as
coordinating
planning
organizing
motivating
controlling
Correct answer is E
No explanation has been provided for this answer.
Measuring performance against the set objectives is a management function that relates to
staffing
planning
organizing
motivating
controlling
Correct answer is E
No explanation has been provided for this answer.
Any action taken by a company outside its stated objectives is regarded as
caveat emptor
ultra vires
uberrimae fidei
exemption
formality
Correct answer is B
No explanation has been provided for this answer.
The management of a company with a view to ending its operation is known as
low gearing
high gearing
liquidation
horizontal integration
vertical integration
Correct answer is C
No explanation has been provided for this answer.