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 Form 2 Business Studies: Forms of business units lessons

Advantages of privatization of state corporations

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Answer Text:
Advantages of privatization.
-The government raises revenue by sale of shares to the public.
-It reduces government expenditure on state corporations.
-It increases efficiency of the privatized entities
-The managerial efforts are used in other sectors of the economy.
-It leads more commitment by the new shareholders
-The privatized firms pay revenue to the government


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