In modem business environment, ________ provides more opportunities and challenges. (Fill in the blank by choosing correct option)
a) Privatization
b) Globalization
c) Specialization
Answers
Answered by
0
a) Privatization is correct answer
Answered by
0
The correct answer is (a) privatisation. In business environments, privatisation actually lets the business explore more opportunities and they face more challenges.
In the simplest terms, privatisation refers to the transferring of the public sector to a private sector.
Government services and functions can also be privatised. However, this term can actually have different meaning in different sectors.
Similar questions