JAMB Commerce 2006 Question 32

Question 32

Government and Business

A feature common to privatization and commercialization is

  1. A.profit-making
  2. B.credit sales
  3. C.market expansion
  4. D.price increases.
Show the answer and explanation

Answer: A (profit-making)

Explanation

Both aim to make enterprises run efficiently and profitably instead of depending on government funds.