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Privatization is the process of transferring ownership of a public sector enterprise or service to private individuals or organizations. Merits of privatization include increased efficiency and innovation due to competition, as well as reduced government expenditure and potential for improved service quality. Demerits can include loss of public accountability, potential monopolies, and a focus on profit over public welfare, which may lead to reduced access to essential services for lower-income populations.
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Explain the term merit goods?
A merit good or service is that in which the government, state or society deems good for people.~MB
What are the features of privatization in modern world business?
Features of privatization
Main reasons for privatization?
One of the reasons for privatization is to ensure that a firm or organization gets better management. Privatization may also be one way to improve on profits.
What is the types of privatization?
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What are the merits and demerits of an economic system?
What are the merits and demerits of an economic system?
What are the merits and demerits of privatization of VSNL?
merits and demerits of privatization of VSNL
What are the merits and demerits of the privatization policy in Nigeria?
Privatization developed a country's economy by strengthening the quality of the product.
What is the merits and demerits of privatization of nationalized banks?
This is a web with links to an example of a bank privatization [http://www.slvadvisors.com/News.htm]
What are merit and demerit of chemistry?
merits and demerits of chemistry
What is the Merits and demerits of BPO job?
BPO is merit and demerit
Explain the merits and demerits of law of diminishing marginal utility?
explain the demerits of diminishing marginal utility
What are the merit and demerit?
Merits are the good thing- Demerits are the bad things-
Define deflation explain merits and demerits of deflation?
merits and demerits of deflation
What is the merit and demerits of touch screen phone?
Famous people who were born on 13th April
What are the merits and demerits of public and private administration?
merit and demerit public and private administration
What are the Merits and Demerits of using HTML?
The merit of HTML is it's simplicity. The demerit is the lack of conditional statements.
What are the merit and demerits of cooperative society?
Merits Ease of formation Open membership Limitd Liability Stability Democratic Management Social Utility Demerits Limited Capital Inefficient Management
