The importance of privatization can be seen in various aspects of the economy. There is improved efficiency which will translate to more productivity.
Features of 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.
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Privatization ensures that supply and demand are balanced. When most of the production is only carried out by public sources, there may be inefficiencies if the government cannot fund all the projects.
When a State planned economy transitions toward a free market economy they engage in privatization of resources. For privatization to be successful what must the State also do?
importance of privatization 1.increase in production effincies. 2.bring employment opportunities to people 3.better service to customers 4.easy funding
what are the reasons for the privatization in Pakistan
what do you understand by the terms privatization and commercialization in nigeria
Features of privatization
privatization motives are the following : efficiency, receipts and the rationalism
merits and demerits of privatization of VSNL
the privatization changed ejido by d
Mohammad Ishaq Dar is the Minister of Privatization for Pakistan.
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.
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Privatization ensures that supply and demand are balanced. When most of the production is only carried out by public sources, there may be inefficiencies if the government cannot fund all the projects.
Aston Peterson Kajara is the Minister of State for Privatization for Uganda.