Question

Three members of Ahmad's family work at BioTechno, a multi-national drug manufacturer. Each of them owns 5% shares of the company respectively. In fact, most of the employees of BioTechno, like Ahmad and his family members, are stockholders of the company. BioTechno can be regarded as a _____.

Answer 1

Public or Private company!

Step-by-step explanation:

I don't know exactly what you're asking for here, but I believe the blank could be a private company.

If most (or only) Ahmad's family owns stocks of this company it would have to be a private company because a small group of people is the stockholders. But let us just say Ahmad's family is super-rich and they invested in BioTechno, which is a mid-cap stock. They own around 40% of the stocks, but a lot of others also own this stock. In that scenario, it would be a public company!