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.
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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 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.
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