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English, 13.04.2020 21:20 nathangirnet

Put this in your own words! The textbook teaches that when a private company needs finding to expand or to take advantage
of other opportunities they may choose to obtain financing by going public with their company
(Ferrell, Hirt & Ferrell, 2014). This can be accomplished through a process known as IPO, or
initial public offering This simply means that you become a publicly faded corporation by
selling stock that can be traded in the public market Ferrel? Hur & Ferrell, 2014).
One such example of a company that has recenth gone public through an IPO is Shake Shack.
Shake Shack went public, though IPO in 2015 (Shake Shack Inc, 2015) Shake Shack describes
themselves as a modern day roadside burger stand and offers items such as burgers, hot dogs,

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