Question $2$

$2$ Point

Going public is when an entrepreneur sells a percentage of their business to the public in an

$($A$)$ IPO $($imminent privatization objective$).$

$($B$)$ IPO $($initial privatization objective$).$

$($C$)$ IPO $($imminent public objectivization$).$

$($D$)$ IPO $($initial public offering$).$

Question $3$

The owner's role tends to be more technical and entrepreneurial in this stage of the business cycle.