WAEC Commerce 2021 Objective — Question 44
Question 44 of 50 from the West African Examinations Council (WAEC) Commerce 2021 Objective paper, with the correct answer and a full explanation.
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The practice of making a state firm more profit-oriented is
- A. privatization
- B. nationalization
- C. deregulation
- D. commercializationCorrect
Explanation
Commercialization is when a public enterprise is reformed to become a profit-making organization.
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