Please answer correctly the questions below. This is all about taking your company in public or IPO (see the picture). Comprehend the questions and the answers should not be far from the topic.

1. To what extent does the choice to take a company public affect the owner's strategic planning for the firm's growth and success during the IPO (initial public offering) process? Answer it in 3 paragraphs, please avoid redundancy. Provide some scenarios to explain it clearly.

2. Will the firm's participation in the PSE (Philippine Stock Exchange) result in an increase in profit withoutsome difficulties? Answer it in 3 paragraph, please avoid redundancy. Provide some scenarios to explain it clearly.

An initial public offering (IPO) occurs when a private company goes public meaning the public can now purchase stock on an exchange