GCE Commerce 2022 Objective — Question 42
Question 42 of 50 from the General Certificate of Education (GCE) Commerce 2022 Objective paper, with the correct answer and a full explanation.
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The purpose of commercialization is to
- A. make state-owned firms more efficientCorrect
- B. enable state-owned firms pay tax
- C. encourage flow of foreign capital
- D. Encourage greater participation of the private sector
Explanation
Commercialization aims to make public enterprises run on efficient, tax-paying, profit-making commercial lines.
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