When public enterprises become commercialized, it means that?
ECONOMICS
JAMB 1995
When public enterprises become commercialized, it means that?
- A. the product of the enterprises are further subsidized
- B. they are expected to operate with the primary aim of making profits
- C. the government has decided to divest itself of such enterprises
- D. the staff of the enterprises will be laid off
Correct Answer: B. they are expected to operate with the primary aim of making profits
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