WAEC Commerce 2025 Objective — Question 47
Question 47 of 51 from the West African Examinations Council (WAEC) Commerce 2025 Objective paper, with the correct answer and a full explanation.
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A disadvantage of privatization is that
- A. less personal relationship exists among workers
- B. political influence exists in business decisions
- C. profit motive outweighs the need to provide cheap basic goodsCorrect
- D. there is reduction in the production of goods
Explanation
In privatization, investors seek high returns on their investments by all means; thus there is less priority given to providing cheap basic goods/services.
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