Sylvia Msikinya, a young entrepreneur, opened an apparel marketing company in Florida. As the company began to gain market share,

Sylvia Msikinya, a young entrepreneur, opened an apparel marketing company in Florida. As the company began to gain market share,

Question:

Sylvia Msikinya, a young entrepreneur, opened an apparel marketing company in Florida. As the company began to gain market share, it became clear that Sylvia would need outside financing to support this rapid growth. She, therefore, decides to go public by selling stock to outside investors. This process is known as a
A. initial public offering
B. business accelerator
C. business incubator
D. opportunity analysis.

Expert Answer:

Answer rating: 100% (QA)

The detailed answer for the above question is provided below The correct answer is A initi
View the full answer