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JAMB Commerce 2006 Question 39

Question 39

Government and Business

The most important advantage of privatization is the enhancement of

  1. A.liquidity
  2. B.accountability
  3. C.profitability
  4. D.efficiency.
Show the answer and explanation

Answer: D (efficiency.)

Explanation

Private owners have a strong motive to cut waste, so privatisation mainly improves efficiency.