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Commercialization involves:
  • a)
    Transforming public enterprises into profit-oriented organizations
  • b)
    Subsidizing private enterprises with public funds
  • c)
    Nationalizing private businesses for public welfare
  • d)
    Privatizing government agencies
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Commercialization involves:a)Transforming public enterprises into prof...
Commercialization refers to the process of introducing market-oriented principles and practices into public enterprises. It involves making public enterprises more profit-focused, efficient, and competitive, often by introducing private sector management techniques. Options b), c), and d) describe different concepts and actions.
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Commercialization involves:a)Transforming public enterprises into profit-oriented organizationsb)Subsidizing private enterprises with public fundsc)Nationalizing private businesses for public welfared)Privatizing government agenciesCorrect answer is option 'A'. Can you explain this answer?
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