primary market transaction or a secondary market transaction?

$9.$ Auction versus Dealer Markets $[$ LO$3]$ What does it mean when we say the New York Stock Exchange is an auction market? How are auction markets different from dealer markets? What kind of market is Nasdaq?

$10.$ Not$-$for$-$Profit Firm Goals $[$ LO$2]$ Suppose you were the financial manager of a not$-$for$-$profit business $($a not$-$for$-$profit hospital, perhaps$).$ What kinds of goals do you think would be appropriate?

$11.$ Goal of the Firm $[$O$2]$ Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on short$-$term profits at the expense of long$-$term profits.