Free account: track your progress — Sign up free

WAEC Commerce 2022 Objective — Question 42

Question 42 of 50 from the West African Examinations Council (WAEC) Commerce 2022 Objective paper, with the correct answer and a full explanation.

Advertisement

The purpose of commercialization is to

  • A. make state-owned firms more efficientCorrect
  • B. enable state-owned firms pay tax
  • C. encourage the flow of foreign capital
  • D. encourage greater participation of the private sector

Explanation

The purpose of commercialization is to make state-owned firms operate more efficiently, like private businesses.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.