Operating a state owned enterprise with the intention of making more profit is
COMMERCE
WAEC 2023
Operating a state owned enterprise with the intention of making more profit is
- A. nationalization
- B. deregulation
- C. privatization
- D. commercialization
Correct Answer: D. commercialization
Explanation
Commercialisation is a policy geared towards making state-owned enterprises to become more efficient and profit-oriented. The policy makes it possible for public enterprises to become more viable and effective.
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