WAEC Commerce 2015 Question 47

Question 47

Government and Business

Which of the following is a reason for the failure of public corporations?

  1. A.Legal requirement
  2. B.Inadequate funding
  3. C.Political stability
  4. D.Lack of competition.
Show the answer and explanation

Answer: B (Inadequate funding)

Explanation

Many public corporations fail because government does not give them enough funds.