Explain How an Organization Can Go Public and Why Many

question 89

Essay

Explain how an organization can go public and why many entrepreneurs prefer not to go public.

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Definitions:

Information

Data or knowledge communicated or received concerning a particular fact or circumstance.

Principal

In legal and financial contexts, the original sum of money loaned or invested, before interest; in agency, the person or entity who authorizes an agent to act on their behalf.

Specific Authority

Power or permission given to an agent for specific tasks or transactions on behalf of the principal.

Necessarily Incidental

Activities or actions that are not central but are unavoidably part of or related to accomplishing a main activity or goal.