Final answer:
Listing a stock on an organized stock exchange typically results in greater visibility and access to a broader investor base due to increased prestige, regulatory standards, and investor confidence.
Step-by-step explanation:
When a stock is listed on an organized stock exchange rather than just on automated quotation systems such as the NASDAQ, the typical outcome is B) Greater visibility and access to a broader investor base. Listing on a stock exchange like the New York Stock Exchange (NYSE) provides a company with more visibility due to the prestige and the regulatory standards of such exchanges. This exposure can lead to an increase in trading volume, which often translates to enhanced liquidity for the stock.
Moreover, being listed on a recognized exchange typically entails adhering to stringent listing requirements, which ensures a higher level of regulatory oversight and transparency. This regulatory environment can increase investor confidence and thereby attract more investments from both retail and institutional investors. Organized exchanges also facilitate the process of price discovery through the mechanisms of an open market and real-time trading activity.